Axel Johnson AB
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Axel Johnson AB - overview
Location
Stockholm, -, Sweden
Primary Industry
Business Support Services
About
Based in Sweden, Axel Johnson AB operates as a diversified investment company with a strong focus on various sectors including food, energy, health, and industrial markets. Axel Johnson AB is a Swedish investment firm that operates a diverse range of businesses. The company, headquartered in Stockholm, has undergone strategic pivots to enhance its portfolio across various sectors. Founded by Axel Johnson, the firm has expanded its operations and influence through acquisitions, including notable subsidiaries such as Axfood, Dustin, and Martin & Servera.
The founder, Axel Johnson, had a history of entrepreneurship, establishing multiple ventures in the retail and industrial sectors. The firm has secured significant funding rounds to support its growth trajectory, with the latest round contributing to its operational expansion. Axel Johnson operates through a diverse portfolio of companies that deliver a range of products and services across multiple sectors including food, energy, health, and industry. Key offerings include grocery retail through Axfood, which operates several successful food concepts in Sweden; IT solutions via Dustin, a prominent online IT partner serving customers in the Nordics and Benelux; and restaurant supply services through Martin & Servera, Sweden's leading foodservice wholesaler.
The company emphasizes long-term business development, aiming to address contemporary societal challenges while serving over one and a half million customers daily. Axel Johnson International, a subsidiary, focuses on acquiring and developing technology firms in strategically selected niche markets, enhancing its presence across 35 geographical markets globally, including Canada following recent acquisitions. In the most recent year, 2023, Axel Johnson reported revenue of SEK 11,945. 73 mn and an EBITDA of SEK 539.
89 mn. The revenue structure is multifaceted, with key earnings generated through its subsidiaries; for instance, Axfood reported a turnover of SEK 8,405. 70 mn while Dustin generated SEK 2,148. 20 mn.
The firm’s business model often relies on partnerships and contracts that facilitate predictable revenue streams, with a focus on B2B transactions. Axel Johnson is strategically positioning itself for future growth through ongoing developments across its subsidiaries. Plans include the introduction of new products within its grocery and technology sectors, with launches targeted over the coming year. The company aims to expand its market reach into additional regions, focusing on increasing its presence in key international markets.
Recent funding will be utilized to support these initiatives, enhancing product development and geographic expansion efforts, ensuring the firm adapts to evolving market conditions.
Primary Industry
Business Support Services
Sub Industries
Business Support Services
Website
www.axeljohnson.se
Total Amount Raised
Subscriber access only
Axel Johnson AB - timeline of key events
Axel Johnson AB - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 29,615,000,000 | 62,638,000,000 | 64,573,000,000 | 66,528,000,000 | 69,551,000,000 | 72,327,000,000 | 77,174,000,000 | 82,354,000,000 | 88,213,000,000 | 86,864,000,000 | 94,685,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 111.5% | 3.1% | 3.0% | 4.5% | 4.0% | 6.7% | 6.7% | 7.1% | (1.5%) | 9.0% | - | - | - |
| EBITDA (USD) | 1,983,000,000 | 2,916,000,000 | 3,122,000,000 | 3,784,000,000 | 3,586,000,000 | 5,008,000,000 | 3,961,000,000 | 4,092,000,000 | 4,489,000,000 | 4,084,000,000 | 4,961,000,000 | - | - | - |
| Operating Income (USD) | 1,273,000,000 | 1,434,000,000 | 1,694,000,000 | 2,281,000,000 | 2,034,000,000 | 3,516,000,000 | 2,264,000,000 | 2,034,000,000 | 2,194,000,000 | 1,726,000,000 | 2,356,000,000 | - | - | - |
| Operating Margin | 4.3% | 2.3% | 2.6% | 3.4% | 2.9% | 4.9% | 2.9% | 2.5% | 2.5% | 2.0% | 2.5% | - | - | - |
| % EBITDA Margin | 6.7% | 4.7% | 4.8% | 5.7% | 5.2% | 6.9% | 5.1% | 5.0% | 5.1% | 4.7% | 5.2% | - | - | - |
| NET Income (USD) | 862,000,000 | 906,000,000 | 1,146,000,000 | 1,657,000,000 | 1,402,000,000 | 3,043,000,000 | 1,744,000,000 | 1,395,000,000 | 1,497,000,000 | 972,000,000 | 1,629,000,000 | - | - | - |
| % Net Margin | 2.9% | 1.4% | 1.8% | 2.5% | 2.0% | 4.2% | 2.3% | 1.7% | 1.7% | 1.1% | 1.7% | - | - | - |
Axel Johnson AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Otovo ASA | - | ||||||||
| Add-on, Trade Sale | Completed | The Loop54 Group AB | - | ||||||||
| Trade Sale | Completed | Dustin Group AB | - | ||||||||
| Add-on | Completed | LVD Lastvagnsdelar Svenska AB | - | ||||||||
| Add-on | Completed | Trailereffekter AB | - |
Displaying 1 - 5 of 7
Axel Johnson AB - employee data
Axel Johnson AB - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Of Directors | BM | ||||||
| Chairman Of The Board | BM |
BM Board Member
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