- CEO
- Simone Margulies
- Full Time Employees
- 15,620
- Sector
- Consumer Defensive
- Industry
- Grocery Stores
- Address
- SolnavAegen 4 Stockholm AB Sweden 113 65
- IPO Date
- Jan 2, 2013
- Business
- Axfood AB (publ) operates extensively within the Swedish food retail and wholesale sectors, aiming to provide accessible, quality, and sustainable food options. The company organizes its operations across several key areas, including its prominent grocery chains Willys and Hemköp, alongside the newly integrated hypermarket chain City Gross. Its diverse retail portfolio also encompasses the Eurocash cross-border stores and various convenience formats such as Tempo, Handlar'n, and Matöppet. Beyond physical locations, Axfood maintains a strong e-commerce presence, including online grocery sales through its main brands and a partial ownership in Mathem, following the divestment of Mat.se. The firm is also engaged in offering private label goods, meal solutions, and operates the Urban Deli restaurant and market hall concept, as well as the online pharmacy Apohem, both as partly owned entities. For its wholesale activities, Dagab manages assortment, procurement, and logistics for the entire group, serving both internal and external B2B clients. Snabbgross functions as a leading wholesaler, supplying food service establishments like restaurants, cafés, and fast-food businesses, complemented by an online ordering system. As of the latest reports, the group commands approximately five million customer interactions each week through nearly 400 company-owned stores and over 700 collaborating retailer-owned stores. For the full year 2024, Axfood reported net sales of SEK 84,057 million, demonstrating consistent growth that outpaces the market, and has successfully expanded its market share to an estimated 25% within Sweden. The company, established in its current form in 2000, is headquartered in Stockholm, Sweden, and operates as a subsidiary of Axel Johnson AB. Recent initiatives include significant progress in reducing food waste by 50% and transitioning to fossil-free transport options, aligning with its commitment to sustainability.