Press release -

Axel Johnson acquires additional shares in Dustin

Today, May 12th 2016, Axel Johnson AB has through its wholly owned subsidiary AxMedia AB, acquired shares in Dustin Group AB ("Dustin") corresponding to 5 percent of the share capital and voting rights in the company. 

After the acquisition, Axel Johnson's total share capital and voting rights in the company amounts to 25 percent.

Topics

Axel Johnson is one of the Nordic region’s leading trading groups which builds and develops businesses within trade and services in the European market, with main focus on the Nordic region. Group companies currently comprise Axel Johnson International, KICKS, Martin & Servera (equity stake 70 %), Novax, Åhléns and the partly owned listed companies Axfood (equity stake 50.1 %) and Dustin (equity stake 25 %). Axel Johnson’s consolidated annual sales amounts to approximately SEK 77 billion (2017) and the wholly and partly owned companies have about 20,000 employees (2017). Axel Johnson is a family-owned company in the fourth and fifth generation and is owned by Antonia Ax:son Johnson and her family.

Contacts

David Salsbäck

David Salsbäck

Press contact Executive Vice President Communications & Sustainability +46 73 389 00 90

Always long-term. Always impatient.

Axel Johnson is a leading family business in rapid renewal, focusing on the group's 10/50/50 target. The group companies currently consist of wholly-owned Axel Johnson International, AxSol, Martin & Servera, and Novax, as well as the partially owned publicly listed Axfood (ownership stake 50.1%) and Dustin (ownership stake 50.1%). In 2023, Axel Johnson's net turnover amounted to approximately 127 billion Swedish kronor, and the group companies collectively employ around 25,000 people. Axel Johnson is a family business run by the fifth generation and is owned by Antonia Ax:son Johnson and her family.

Axel Johnson
Villagatan 6
100 41 Stockholm
Sverige
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