Axel Johnson announced at the end of June the sale of KICKS Group to the Danish company Matas. The deal has now been finalized. With this transaction, Matas, KICKS, and Skincity create Northern Europe's strongest beauty group.
Axel Johnson AB, through its wholly-owned subsidiary, AxMedia AB (”Axel Johnson”), on 29 June 2023 announced a mandatory public offer to the shareholders of Dustin Group AB (publ) (“Dustin”) to transfer all of their shares at a price of SEK 28.50 in cash per share (the “Offer”). The Swedish language offer document regarding the Offer has today been approved and registered by the Swedish Financial
The Offer is not being made, and this press release may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from or on behalf of shareholders in Australia, Hong Kong, Japan, New Zealand, the United States or South Africa, or any other jurisdiction in which the making of the Offer, the distribution of this press release or the acceptance of any tender o
Axel Johnson sells KICKS Group after 21 years as owner. Matas is Denmark’s leading beauty chain, and the transaction creates Northern Europe's leading beauty constellation, which will strengthen Matas, KICKS and Skincity's respective customer offerings. Matas intends to continue developing KICKS and Skincity as separate brands.
Axel Johnson AB has today, through its wholly-owned subsidiary, AxMedia AB (”Axel Johnson”), acquired an additional 2,000,000 shares in Dustin Group AB (publ) (“Dustin”) and, thereafter, Axel Johnson owns in total 34,744,788 shares in Dustin, corresponding to 30.5 percent of the shares and votes in Dustin, compared to the previous 28.7 percent[1]. Thus, the threshold for making a mandatory public
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.
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.
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.
Björn Annwall, CFO of Volvo Cars, has been appointed to the board of Axel Johnson AB.
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.
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).
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.