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21 Feb 2020

Next step in Axel Johnson’s solar energy investment strategy: Axsol invests in SVEA Solar

Through Axsol, Axel Johnson invests in Svea Solar, the market leading B2C player in solar energy in the Swedish market. Svea Solar was founded in 2013 by Erik Martinson and Björn Lind, before Nolan Gray joined in 2015. In 2018,…

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20 Dec 2019

Novax invests in the company behind the super material Upsalite®

Novax invests in the Swedish material technology company Disruptive Materials, which has developed the remarkable and unique material Upsalite®. Disruptive Materials was founded in 2013 by Professor Maria Strømme, two people from her research team, and Mattias Karls. The company…

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17 Dec 2019

Stefan Fragner new CEO of Skincity

Skincity’s founders and current owners have, together with the Board, appointed Stefan Fragner as new CEO of the company. Stefan Fragner’s most recent role is as CEO of Happy Socks, where he has worked in various roles since 2012, including…

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3 Dec 2019

Emma Claesson new HR Director at Axel Johnson

Emma Claesson has been appointed new HR Director at Axel Johnson. Her most recent position was as EVP and Head of HR at technology consultant AFRY (formerly ÅF Pöyry).  “Our 10/50 goal means that in ten years, at least 50…

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15 Nov 2019

Axel Johnson invests 177 mnok in Otovo

Otovo will raise 150 million kroner in equity in an investment round led by Axel Johnson. Axel Johnson, Otovo and Otovo’s founders have reached an agreement that Axel Johnson will invest 177 million kroner in Otovo at kr 95 per…

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5 Nov 2019

Martin & Servera becomes wholly owned by Axel Johnson

Axel Johnson acquires the Oldmark family’s 30 percent ownership in Martin & Servera, and the company will thereby become wholly owned by Axel Johnson. In 2011, the two family-owned companies Martin Olsson and Servera merged to form Sweden’s leading restaurant…

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17 Oct 2019

Axel Johnson participates in funding round for Winnow – the AI tool for reduced food waste

D-Ax – Axel Johnson’s arm for early stage investments in fast-growing companies – participates in an investment round where Winnow raises $ 12 million, in addition to a $ 8 million loan from the European Investment Bank. The Series B…

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10 Oct 2019

Axel Johnson participates in Matsmart’s round of financing – increases ownership

The online store Matsmart is raising SEK 182 million in a round where Axel Johnson participates through D-Ax. The round is led by German LeadX Capital Partners, an investment company with strong links to German food giant Metro Group, one…

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8 Oct 2019

Axel Johnson International extends service offering within transmission solutions in Denmark

Jens S. Group, part of Axel Johnson International’s business group Power Transmission Solutions, has through its subsidiary Jens S. Transmissioner A/S acquired KALTECH Gearservice ApS, effective 1 October 2019. KALTECH is a Danish provider of high value-added repair and maintenance…

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27 Aug 2019

Hedvig raises 100M SEK from San Francisco-based Obvious Ventures and Swedish retail titan Axel Johnson to bring its nice insurance to the masses

Hedvig, the Stockholm-based digital insurer has raised 100 million SEK in a Series A funding to bring their digital insurance service, with a radically different business model and people-first approach, to the masses. The round was led by San-Francisco based Obvious…

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