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Axel Johnson acquires additional shares in Dustin

Press release   •   May 12, 2016 14:02 UTC

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.

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.

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