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Always long-term always impatient

Axel Johnson is a leading Swedish family-owned business, undergoing rapid transformation. We build and develop strong and long-term businesses that contribute to addressing societal challenges in areas such as food, energy, health, and industry. Through our companies, we meet over one and a half million customers every day, and together, we aim to be a positive force for change.

With a history of 150 years, Axel Johnson is currently led by the fifth generation. The key to our success has always been innovation. That's why we set a clear target in 2015 – in ten years, 50 percent of what we do should be things that we don't do today, and with 50 percent lower climate impact.

Our companies

Axel Johnson International

Axel Johnson International is an industrial group that acquires and develops companies in strategically selected niche markets.

Net sales 2024

20,090 MSEK

ProfitAX 2024

1,609 MSEK

Companies

200+

Employees

≈ 6000

Ownership

100 %

Markets

35

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Axfood

Axfood is a leading retail group in the Swedish food retail market with several successful food concepts.

Net sales 2024

84,057 MSEK

ProfitAX 2024

3,028 MSEK

Companies

12

Employees

≈ 13 700

Ownership

50,1%

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Dustin

Dustin is a leading online-based IT partner with operations in the Nordic and Benelux regions.

Net sales 23/24

21,482 MSEK

ProfitAX 23/24

117 MSEK

Companies

13

Employees

≈ 2 350

Ownership

50.1 %

Markets

6

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Martin & Servera

Martin & Servera is Sweden's leading restaurant wholesaler, delivering beverages, food, equipment, services, and expertise to restaurants and large kitchens.

Net sales 2024

19,904 MSEK

ProfitAX 2023

314 MSEK

Companies

17

Employees

≈ 3 350

Ownership

100 %

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Novax

Novax is a sector-focused, active and long-term ownership partner that invests in small and medium-sized growth companies.

Net sales 2024 excl AxSol

3,161 MSEK

ProfitAX 2024

-274 MSEK

Companies

40+

Markets

10

Ownership

100 %

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News

6/17/2025

Voyado gains new majority owner

The fast-growing SaaS company Voyado, in which Novax became a shareholder in 2018, is welcoming a new majority owner in the form of funds managed by investment company Viking Global Investors. Novax will remain a shareholder with an ownership stake of just over 10 percent.

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6/11/2025

Why Axel Johnson is a Main Partner of Järvaveckan

For the ninth consecutive year, Järvaveckan is being held – this year from June 11 to 14 – and Axel Johnson continues as a main partner of the event. Axel Johnson will be present during the week together with our civil society partners.

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6/2/2025

Solkompaniet and EnergiEngagemang Merge

Solkompaniet and EnergiEngagemang are merging to develop and strengthen their market-leading position in large-scale solar power and energy storage, with the ambition to lead the energy transition in the Nordics. Both companies are majority-owned by Axel Johnson through AxSol.

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