Axfood

Stockholm, Sweden Founded: 2000 • Age: 26 yrs
Sauces and frozen foods are manufactured by Axfood in Sweden.

About Axfood

Axfood is a company based in Stockholm (Sweden) founded in 2000.. The company has 13,710 employees as of December 31, 2024. Axfood has completed 2 acquisitions, including Matse Holding and Middagsfrid. Axfood offers products and services including Groceries and Sustainability Services.

  • Headquarter Stockholm, Sweden
  • Employees 13710 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Axfood Ab
Operational Areas
Consumer → Food & Beverage
Key Metrics
  • Annual Revenue
    $7.62 B (USD)
    3.63
    as on Dec 31, 2024
  • Net Profit
    $198.55 M (USD)
    -7
    as on Dec 31, 2024
  • EBITDA
    $555.76 M (USD)
    7.85
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    13710

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Axfood

Axfood is a publicly listed company on the OMXSTO with ticker symbol AXFO in Sweden, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXSTO · Ticker: AXFO . Sector: Retail trade · Sweden

Products & Services of Axfood

Axfood offers a comprehensive portfolio of products and services, including Groceries and Sustainability Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Groceries are offered by Axfood through various brands to provide affordable and sustainable food options for consumers.

Sustainability services are provided by Axfood, including efforts in waste reduction and ethical sourcing that support the company's operations in the food sector.

People of Axfood
Headcount 10000+
Employee Profiles 20
Employee Profiles
People
Sanna Fredin
Business Developer - Digital Development & E-commerce
People
Valentin Romanov
Business Developer
People
Alban Ferati
Head Of Accounts Payable & Receivable | Funktionschef Ekonomi
People
Hanna Stenström
Head Of Group Financial & Internal Control/koncernredovisningschef

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Funding Insights of Axfood

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Axfood

Axfood has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Matse Holding and Middagsfrid. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-category grocery products are retailed online with doorstep delivery.
2014
Pre-measured ingredients and quick recipes are delivered to subscribers.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Axfood

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Axfood Comparisons

Employees
+
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Competitors of Axfood

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Axfood

Frequently Asked Questions about Axfood

When was Axfood founded?

Axfood was founded in 2000.

Where is Axfood located?

Axfood is headquartered in Stockholm, Sweden.

Who is the current CEO of Axfood?

Klas Balkow is the current CEO of Axfood.

How many employees does Axfood have?

As of Dec 31, 2024, the latest employee count at Axfood is 13,710.

What is the annual revenue of Axfood?

Annual revenue of Axfood is $7.62B as on Dec 31, 2024.

What does Axfood do?

Axfood was established in 2000 and is headquartered in Stockholm, Sweden. Operations are centered on the food manufacturing sector, where sauces and frozen foods are produced for distribution. The company maintains a focus on core product lines within the consumer goods industry. Leadership is held by CEO Klas Balkow, and the official domain axfood.se is used for online activities. Geographic emphasis remains on the Swedish market.

What products or services does Axfood offer?

Axfood offers Groceries and Sustainability Services.

Is Axfood publicly traded?

Yes, Axfood is publicly traded on OMXSTO under the ticker symbol AXFO.

How many acquisitions has Axfood made?

Axfood has made 2 acquisitions, including Matse Holding, and Middagsfrid.

What is Axfood's ticker symbol?

The ticker symbol of Axfood is AXFO on OMXSTO.

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