News archive

  • ​Hedvig raises 100M SEK from Swedish retail titan Axel Johnson and San Francisco-based Obvious Ventures 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 Ventures which was founded by Twitter co-founder Ev Williams, James Joaquin and Vishal Vasishth and whose #worldpositive investme

  • Axel Johnson's Year End Report for 2018

    Another good year for Axel Johnson
    2018 was a good year for Axel Johnson. The Group’s total sales amounted to SEK 82,354 million (77,174), an increase of 7 percent. ProfitAX for the year amounted to SEK 3,021 million (3,020) on par with the previous year’s operating profit (SEK 3,020 million), however the previous year’s earnings included a capital gain of SEK 255 million following the sale of

  • ​David Salsbäck new Director of Communications and Sustainability at Axel Johnson

    David Salsbäck has been appointed new Director of Communications and Sustainability at Axel Johnson. His most recent position was as Director of Communications at Bonnier.
    David Salsbäck has held several roles within Bonnier, where he has been the Director of Communications for the past five years. Prior to that, he worked at the global communications firm JKL.
    “David has extensive experienc

  • ​Jonas Samuelson named to Axel Johnson’s Board of Directors

    Jonas Samuelson, President and CEO of Electrolux, has today been named to Axel Johnson's Board of Directors. Jonas has been with Electrolux since 2008 and is President and CEO since 2016. He has extensive experience of multinational industrial companies, including SAAB Automobile and General Motors.
    "We are very pleased that Jonas has chosen to join the board. We especially appreciate Jonas' kn

  • ​Axel Johnson creates Axbeautyhouse

    To strengthen the position within a growing beauty market, Axel Johnson is now creating a whole new unit, Axbeautyhouse, which will be responsible for beauty purchases for the group companies Åhléns and KICKS.

    Axel Johnson already owns several companies within the beauty market. By bringing together the purchasing departments for beauty in Åhléns and KICKS under a whole new unit, Axbeautyho

  • ​Stina Andersson new Chief Operating Officer at Axel Johnson

    Stina Andersson, current Strategy and Business Development Manager at Tele2, will be new Chief Operating Officer at Axel Johnson. The role is new and will form part of Group Management. Stina is expected to take office in early 2019.

    Stina is currently Strategy and Business Development Manager and responsible for IoT at Tele2. She was previously Investment Director and Strategic Manager of

  • Axel Johnson becomes main partner to The Global Village and Järvaveckan

    Axel Johnson becomes main partner to The Global Village, the non-profit association behind Järvaveckan – a meeting place for politicians, citizens, trade and industry to talk about integration, diversity, social sustainability and gender equality. In total, Axel Johnson donates up to SEK 4.5 million over a period of three years to The Global Village or a foundation formed by The Global Village.

  • Prisninja winner of Axlab

    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.

  • Axel Johnson’s Year-End Report for 2017

    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

  • Axel Johnson becomes partner in Matsmart

    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.

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