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.
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.
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