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Always long-term always impatient

Axel Johnson is a leading Swedish family-owned business, undergoing rapid transformation. We build and develop strong and long-term businesses that contribute to addressing societal challenges in areas such as food, energy, health, and industry. Through our companies, we meet over one and a half million customers every day, and together, we aim to be a positive force for change.

With a history of 150 years, Axel Johnson is currently led by the fifth generation. The key to our success has always been innovation. That's why we set a clear target in 2015 – in ten years, 50 percent of what we do should be things that we don't do today, and with 50 percent lower climate impact.

Our companies

Axel Johnson International

Axel Johnson International is an industrial group that acquires and develops companies in strategically selected niche markets.

Net sales 2023

19,187 MSEK

ProfitAX 2023

1,633 MSEK

Companies

200

Employees

≈ 5 800

Ownership

100 %

Markets

34

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Axfood

Axfood is a leading retail group in the Swedish food retail market with several successful food concepts.

Net sales 2023

81,111 MSEK

ProfitAX 2023

3,037 MSEK

Companies

13

Employees

≈ 13 200

Ownership

50,1%

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Dustin

Dustin is a leading online-based IT partner with operations in the Nordic and Benelux regions.

Net sales 22/23

23,577 MSEK

ProfitAX 22/23

237 MSEK

Companies

30

Employees

≈ 2 500

Ownership

50.1 %

Markets

8

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Martin & Servera

Martin & Servera is Sweden's leading restaurant wholesaler, delivering beverages, food, equipment, services, and expertise to restaurants and large kitchens.

Net sales 2023

19,739 MSEK

ProfitAX 2023

504 MSEK

Companies

13

Employees

≈ 3 350

Ownership

100 %

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Novax

Novax is a sector-focused, active and long-term ownership partner that invests in small and medium-sized growth companies.

Net sales 2023

2,261 MSEK

ProfitAX 2023

-357 MSEK

Companies

≈ 20

Ownership

100 %

Markets

14

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News

5/28/2024

Axel Johnson Extends its Partnership with Järvaveckan until 2026: “More Important than Ever”

Axel Johnson extends its partnership with The Global Village/Järvaveckan until 2026. This year's Järvaveckan takes place from May 29 to June 1, and Axel Johnson is participating alongside companies from the group and partners from civil society.

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4/25/2024

AxSol Becomes Part of Novax

Axel Johnson's solar energy company, AxSol, will become part of Axel Johnson's investment arm, Novax, starting in June. This integration establishes a new focus area for Novax's investments and business development—Energy—under the leadership of AxSol CEO Marie Strannegård. Based in solar energy, AxSol also encompasses service sectors that support the growth of renewable energy in various ways.

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4/23/2024

Niclas Palmstierna new CEO at Novax

Niclas Palmstierna has been appointed as the new CEO of Novax, effective June, with the task of building future pillars for Axel Johnson. Niclas Palmstierna has a background that includes roles such as CEO of Tele2 Sweden and the dental care company Oral Care. Novax is the investment arm of Axel Johnson, tasked with building significant future pillars for the group, focusing on areas like Food of the Future, Preventive Health, and Technical Safety.

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