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
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Axfood Ab
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Annual Revenue
$7.62 B (USD)3.63as on Dec 31, 2024
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Net Profit
$198.55 M (USD)-7as on Dec 31, 2024
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EBITDA
$555.76 M (USD)7.85as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
13710
as on Dec 31, 2024
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Investments & Acquisitions
Matse Holding
& 1 more
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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.
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.
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.
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Funding Insights of Axfood
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-category grocery products are retailed online with doorstep delivery.
|
2014 | ||||
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Pre-measured ingredients and quick recipes are delivered to subscribers.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Axfood
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axfood Comparisons
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.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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.