Breaking News: Algae-X International acquired by AXI International Holdings

A worldwide leader in diesel fuel conditioning, ALGAE-X International, has been acquired by AXI International Holdings.

2013-03-01

FORT MYERS, FL, March 01, 2013 (Press-News.org) AXI International, a Florida-based manufacturer of Diesel Fuel Optimization and Maintenance Systems, announces today that it has been acquired by AXI International Holdings. The new executive management team includes Islam Nahdi as President, Wessel van Tonder as CEO, and Bill O'Connell as Executive Vice President. AXI founder, Wout Lisseveld will continue as a consultant to the company, focusing on international business development.

As a result of the acquisition, AXI International will be able to greatly expand its world-wide markets and distribution channels - with a particular focus on central Africa where poor fuel quality has challenged progress and economic development. Beyond central Africa, AXI International Holdings will expand its present fuel distribution network, while developing and enhancing new markets in Southeast Asia, the Middle East, India, Australia, and Europe.

"I see a very bright future for AXI International with a great opportunity at hand for growth. Our mission is to bring optimal quality fuel to every corner of the globe," said Wessel van Tonder, AXI's CEO.

About AXI
Beginning with the development of the patented ALGAE-X Inline Fuel Conditioner in 1995, AXI has grown to incorporate Fuel Conditioning Technology in advanced fuel filtration, conditioning and optimization systems. In 2012, AXI doubled the size of its Fort Myers headquarters in order to meet the demand of increased sales.

AXI's Green Clean Certified Fuel Maintenance and Optimization Systems restore and optimize fuel quality - wherever fuel is used or stored. AXI's commitment to customer service and superior engineering has propelled the company to a world-wide leadership position in the market while promoting the efficient use of non-renewable resources.

AXI is represented in more than 70 countries worldwide. AXI Fuel Maintenance Systems are available through factory-trained resellers and representatives, major engine distributors, marine equipment distributors, fuel storage tank manufacturers, and petroleum equipment suppliers.

Read more at: http://www.AXIFuelConditioning.com

Algae-X International is a flexible, innovative and rapidly growing company in the field of fluid treatment. Specializing in fuel conditioning, treatment, filtration and Emission Control Technologies, "Total Fuel System Management". The headquarters and manufacturing facilities are based in Florida, USA with an extensive multi-national distribution network. Algae-X International provides innovative high quality solutions, products and engineering services to Customers worldwide.

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