Type Private Owner Axel Johnson AB (51%) Website axfood.se Revenue 3.9 billion EUR (2012) Parent organization Axel Johnson AB | Industry Retail Number of employees 7,254 (2012) Headquarters Sweden Founded 1964 | |
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Stock price AXFO (STO) SEK 139.50 -0.80 (-0.57%)3 Mar, 5:29 PM GMT+1 - Disclaimer CEO Anders Stralman (1 Nov 2005–) Subsidiaries Willys AB, Dagab AB, Axfood Narlivs Ab Profiles | ||
Axfood AB (Nasdaq Stockholm: AXFO) is a Swedish company. Formed in May 2000 through a merger between the Swedish grocery store chains Hemköp, D&D Dagligvaror, Spar Sverige, Spar Inn Snabbgross, it is one of the largest food retailers in Scandinavia listed on the stock market.
The Group's retail operations are conducted through the wholly owned Willys, Hemköp and PrisXtra chains, comprising 225 stores in all. In addition, Axfood collaborates with a large number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp and Willys chains as well as stores run under the Handlar'n and Tempo profiles. In all, Axfood collaborates with some 840 proprietor-run stores.
Wholesale business is conducted via Dagab and Axfood Närlivs. Axfood is listed on Nasdaq OMX Stockholm AB's Large Cap list. Axel Johnson AB is the principal owner with approximately 46 percent of the shares. Axfood has a 19.3% market share in Sweden.
Axfood's private labels consist of the Willys, Hemköp, Garant, Garant Ekologiska varor (organic products), Aware (Fairtrade), Eldorado (discount food brand), Func (batteries, light bulbs, etc.) and Fixa (kitchen supplies).
Axfood is a member of European Marketing Distribution, a European purchasing organization for grocery stores.