News archive

29 February 2024 08:45

Pernilla Oldmark appointed as EVP People & Culture at Axel Johnson to support the group's renewal and doubling plan

Pernilla Oldmark joins as EVP People and Culture at Axel Johnson in mid-March, with the task of continuing to ensure that the group's companies are leading in talent development and are a strong force for increased diversity and inclusion in Swedish business industry.

24 January 2024 08:59

Axelerate new partner to Beredskapslyftet and F1RST

Axel Johnson's central business area for diversity and inclusion, Axelerate, begins the year by entering two new partnerships. One with the non-profit organization Beredskapslyftet and one with F1RST. Both of these partnerships are aimed at harnessing the power of business through various initiatives to promote inclusion and utilize human ambition and capability.

17 March 2023 10:27

AXEL JOHNSON’S YEAR-END REPORT FOR 2022

The year 2022 ended as a new record year for Axel Johnson. Axfood, Martin & Servera and the industrial group Axel Johnson International all recorded their best earnings to date. At the same time, large investments were made through acquisitions and investments in physical infrastructure. Axel Johnson’s revenues amounted to SEK 118.2 (94.7) billion and profitAX to SEK 4.4 (3.669) billion.

11 October 2022 05:16

THOMAS EKMAN NEW CEO FOR AXEL JOHNSON – effective September 2023

The Board of Directors of Axel Johnson has appointed Thomas Ekman as the new CEO, effective September 7, 2023. He is currently CEO of Dustin Group and will succeed Mia Brunell Livfors, who has been CEO of Axel Johnson since 2015. Following the transition, Mia Brunell Livfors will continue to be part of the Axel Johnson Group as a board member and advisor.

29 June 2022 07:59

Owner group led by Ayad Al-Saffar acquires Åhléns from Axel Johnson

After 34 years as owner, Axel Johnson is now selling Åhléns to an ownership constellation led by Ayad Al-Saffar, with the ambition to further strengthen, develop and expand Åhléns in the future.

25 May 2022 10:00

Björn Annwall to join Axel Johnson’s Board

Björn Annwall, CFO of Volvo Cars, has been appointed to the board of Axel Johnson AB.

26 April 2022 08:00

Axel Johnson’s fintech startup Humla tailors financial services for retail and initiates collaboration with SEBx

Axel Johnson’s fintech startup Humla develops financial services for the future of retail. Humla is now entering into a strategic partnership with Swedish bank SEB’s innovation studio SEBx to develop services based on the bank’s new platform for Banking as a Service.

18 March 2022 09:00

AXEL JOHNSON'S YEAR-END REPORT FOR 2021 - Record results, rapid renewal and decisive acquisitions

2021 was the strongest year in Axel Johnson’s history. The industrial group Axel Johnson International and Axfood recorded record results, and major investments were made in the form of both acquisitions and physical infrastructure, particularly in highly automated warehouses. Axel Johnson’s turnover amounted to SEK 94.7 billion (86.9) and our profitAX to SEK 3,669 million (2,754).

21 October 2021 06:57

The Axel Johnson Group enters agreement on building Sweden's largest solar parks

Axel Johnson's group companies have signed agreements with the solar energy company Alight, which means that a total of three solar parks with a total annual production of more than 90 Gigawatt hours (GWh) will be built. This means more than a doubling compared with Sweden's currently established solar parks.

24 June 2021 09:00

AxSol invests in Epishine's revolutionary solar cells for indoor use

AxSol, the solar energy group of Axel Johnson, has led the current financing round in Epishine, a solar cell company which has developed a pioneering, patented process for printing organic solar cells with industry-leading low-light efficiency.

14 April 2021 14:00

​Axel Johnson becomes full owner of Skincity, aiming for strong growth

Axel Johnson becomes full owner of skin care company Skincity after acquiring the 18 percent ownership share from founders Mikael Kjellman and Annica Forsgren Kjellman.

21 February 2020 15:00

​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, the company had sales of 244 million, and in 2019 sales nearly doubled. Svea Solar has a unique position in the Swedish market, with nationwide geographical presence and