Axel Johnson International in several aquisitions
Axel Johnson International continue to strenghten their position as a market leading industrial group and has carried out five acquisitions in the past three months.
Axel Johnson International continue to strenghten their position as a market leading industrial group and has carried out five acquisitions in the past three months.
When the results of this year’s edition of Axlab was recently presented, the winning idea was named Prisninja, presented by Valentin Romanov from Axfood.
Anna Ryott, Vice President of Norrsken Foundation, and Tomas Franzén, CEO of Bonnier, has today been appointed new members of the Axel Johnson Board.
Strong year for Axel Johnson
2017 was another good year for Axel Johnson. ProfitAX for the year amounted to SEK 3,020 million (2,848), an increase of 6 percent. The Group’s total sales amounted to SEK 77,174 million (72,327), an increase of 7 percent. Axel Johnson International, Dustin and Novax report their best results so far, and all Group companies except for Åhléns increased their turnover
D-Ax, Axel Johnson's arm for investment in startup companies, becomes partner in Matsmart. Matsmart (www.matsmart.se) is an e-commerce business selling food and other groceries that in many cases would otherwise have been thrown out. The reasons vary, but it often depends on packaging changes, seasonal items, as well as short or passed best-before dates.
Axel Johnson has today acquired 70 percent of the shares in Skincity. With the acquisition, Axel Johnson widens its offering within beauty and strengthens its position within e-commerce. Skincity, which sells skin care products online, was founded in 2011 and has grown strongly and been profitable since its inception. The company will continue to operate independently.
Camilla Wideroth is appointed new CFO of Axel Johnson. Camilla has worked for the Group for eight years, first within Axel Johnson International and the last three and a half years at Axel Johnson AB as Head of Group Financial Control. Prior to that, Camilla worked for KPMG for 15 years, first as an accountant and subsequently as a consultant in connection with the introduction of IFRS.
Best earnings yet for Axel Johnson
2016 was the best year yet for Axel Johnson, with profits after net financial items of SEK 3.698 billion (2.165). Even after being adjusted for the sale of our share in the Mekonomen Group and other items affecting comparability, 2016 was the best year yet in Axel Johnson’s history with earnings1 of SEK 2.848 billion (2.543).
Net sales were SEK 72.327 billi
An agreement has been reached between Axel Johnson AB and LKQ Corporation (Nasdaq: LKQ) to sell shares in Mekonomen Group. LKQ Corporation acquires 26,5 percent of the shares in Mekonomen Group from Axel Johnson AB.
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.
Kerem Yazgan starts on January 1, 2016, as Communications and Sustainability Manager at Axel Johnson.