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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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1 Jul 2019

Axel Johnson becomes owner of solar cell company Eneo

Axel Johnson becomes owner of solar cell company Eneo with the aim to create a European market leader in solar energy supply for large companies and organizations. The investment in the company is made through D-Ax. Eneo’s so-called PPA model is…

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1 Jul 2019

Bruce brings in Axel Johnson as partner to accelerate growth journey

Bruce, the Swedish training app with the ambition to change the training industry and make it possible to train wherever you want, brings in capital to continue the growth journey and build the world’s best training membership. The investment comes…

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28 Jun 2019

LEEROY accelerates with investment from Axel Johnson

LEEROY’s solution for digitizing the restaurant industry is growing at a rapid pace. Over the past year, the company has won several prestigious procurements in both Sweden and the Nordic region, as well as international contracts with future launches in…

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17 Jun 2019

Axel Johnson International strengthens offering in the Finnish mechanical power transmission market

Nomo, part of Axel Johnson International’s business group Power Transmission Solutions, strengthens its offering in the Finnish market by the acquisition of JokiLaakeri, effective 14 June. Founded in 1991, JokiLaakeri is a highly regarded multi-brand bearing distributor in the Finnish…

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29 May 2019

We are looking for an entrepreneurial CTO for a new tech initiative

Axel Johnson builds and develops profitable trade and service businesses in Europe, with a focus on the Nordics. Today our group consists of Åhléns, KICKS, Martin & Servera, Novax, Axel Johnson International, as well as the partly owned listed companies…

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