Annuncio • Oct 18
The Swedish Competition Authority Approves Axfood's Acquisition of City Gross The Swedish Competition Authority cleared Axfood’s acquisition of City Gross. The acquisition creates conditions to strengthen City Gross’ competitiveness and for growth in the hypermarket segment, which will challenge the market leaders and increase competition in this segment. Completion of the transaction was subject to approval by the Swedish Competition Authority, which announced that the acquisition is left without any further actions, which means that the deal has been approved. Completion of the deal was also subject to review by the European Commission in accordance with the Foreign Subsidies Regulation, which was completed with an approval on 10 September. The transaction will be completed on 1 November this year after which Axfood becomes owner of City Gross. Annuncio • Jun 13
Axfood AB (publ) (OM:AXFO) reached an agreement to acquire remaining 90.1% stake in City Gross Sverige AB from Bergendahl Food Holding Ab for SEK 2 billion. Axfood AB (publ) (OM:AXFO) reached an agreement to acquire remaining 90.1% stake in City Gross Sverige AB from Bergendahl Food Holding Ab for SEK 2 billion on June 11, 2024. The consideration amounts to SEK 2 billion on a cash and debt free basis, and the acquisition will be financed through a combination of existing cash and credit facilities. Axfood estimates transaction costs to amount to approximately SEK 25 million. Upon completion, Axfood AB (publ) will own 100% stake in City Gross Sverige AB. For the period ending April 30, 2024, City Gross Sverige AB reported net sales of SEK 9.1 billion and operating loss of approximately SEK 130 million.The transaction is subject to approval by the Swedish Competition Authority and the European Commission. The expected completion of the transaction is September 1, 2024. Annuncio • May 23
Axfood AB (Publ) Announces President Changes Axfood AB (publ) announced that from 15 August, Shoan Etemadi will succeed Simone Margulies as Managing Director of Hemköpskedjan AB. He will also become a member of the Executive Committee of Axfood AB. In turn, the current Managing Director of Hemköpskedjan, Simone Margulies, assumes the role of President and CEO of Axfood as of 15 August 2024. The recruitment process for the successor of Shoan Etemadi in the role as Head of Sales of Hemköpskedjan AB is initiated immediately. Annuncio • Apr 26
Axfood AB (publ) to Report Fiscal Year 2024 Results on Jan 30, 2025 Axfood AB (publ) announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Jan 30, 2025 Annuncio • Apr 20
Axfood AB (Publ) Appoints Simone Margulies as CEO, Effective 15 August 2024 The Board of Directors of Axfood AB (publ) has appointed Simone Margulies, currently Managing Director of Hemköpskedjan AB, as CEO of Axfood as of 15 August 2024. Simone Margulies will from 15 August 2024 succeed Klas Balkow as CEO of Axfood. Simone has been working in different roles within the Axfood Group during eight years and has been a member of Axfood's Executive Committee for four years. Currently, she is Managing Director of Hemköpskedjan AB, and prior to that her role was Deputy CEO of Dagab. In total, Simone has more than 18 years of experience in food retail. To facilitate the best possible handover, Axfood's current CEO Klas Balkow will be available until year-end 2024. Annuncio • Apr 17
Axfood AB (publ) Announces President Changes, Effective 15 August 2024 The Board of Directors of Axfood AB (publ) has appointed Simone Margulies, currently Managing Director of Hemköpskedjan AB, as President and CEO of Axfood as of 15 August 2024. Simone Margulies will from 15 August 2024 succeed Klas Balkow as President and CEO of Axfood. Simone has been working in different roles within the Axfood Group during eight years and has been a member of Axfood's Executive Committee for four years. Currently, she is Managing Director of Hemköpskedjan AB, which consists of Hemköp and Tempo, and prior to that her role was Deputy CEO of Axfood's purchasing and logistics company Dagab. In total, Simone has more than 18 years of experience in food retail. To facilitate the best possible handover, Axfood's current President and CEO Klas Balkow will be available until year-end 2024. Annuncio • Feb 13
Axfood AB (Publ) Proposes Dividend, Payable on 27 March and 25 September 2024 Axfood AB (publ) announced that at its AGM to be held on 20 March 2024, the board of directors proposes that the 2024 AGM resolves in favour of payment of a dividend of SEK 8.50 per share. The amount will be divided into two equal payments of SEK 4.25 each. The record dates proposed for the payments are 22 March 2024 and 20 September 2024. With the specified record dates, dividends are expected to be paid on 27 March and 25 September 2024. The last dates for trading in the company's shares including the right to a dividend are 20 March and 18 September 2024. Annuncio • Feb 07
Klas Balkow to Leave His Role as CEO of Axfood Klas Balkow decides to conclude his executive career, and together with Axfood's Board of Directors it has been agreed that he will leave the role as CEO of Axfood by year-end 2024 at the latest. He will then be available for Axfood as a strategic advisor. The Board will now initiate the recruitment process of a new President and CEO. Annuncio • Feb 06
Klas Balkow to Leave His Role as President of Axfood Klas Balkow decides to conclude his executive career, and together with Axfood's Board of Directors it has been agreed that he will leave the role as President of Axfood by year-end 2024 at the latest. He will then be available for Axfood as a strategic advisor. The Board will now initiate the recruitment process of a new President and CEO. Annuncio • Jan 15
Axfood AB (publ) Announces Nominating Committee Ahead of the Annual General Meeting on 20 March 2024, the Nominating Committee of Axfood proposes the re-election of directors Mia Brunell Livfors, Thomas Ekman, Fabian Bengtsson, Caroline Berg, Christian Luiga, Peter Ruzicka and Sara Öhrvall. As previously announced, Thomas Ekman is proposed for election as Chairman of the Board. The Nominating Committee proposes re-election of the audit company Deloitte AB as auditor for the period until the end of the Annual General Meeting 2026. Provided that re-election takes place, Deloitte has announced that the authorised auditor Didrik Roos will continue as principal. The proposal is in accordance with the Audit Committee's recommendation. Axfood's Nominating Committee ahead of the 2024 Annual General Meeting consists of Marie Ehrling (committee chair, Axel Johnson AB), Caroline Sjösten (Swedbank Robur Fonder), Sussi Kvart (Handelsbanken Fonder) and Hjalmar Ek (Lannebo Fonder). Mia Brunell Livfors, Chairman of the Board of Axfood, is a co-opted member of the Nominating Committee. Annuncio • Oct 24
Axfood AB (publ) Announces Executive Changes The Nominating Committee of Axfood has decided at the Annual General Meeting on 20 March 2024. Mia Brunell Livfors has announced that she is not available for re-election as Chairman of the Board, but as member of the board. The complete proposal from the Nominating Committee will be announced at the latest in the convening notice to the Annual General Meeting 2024. The Nominating Committee consists of Marie Ehrling (Axel Johnson AB), Caroline Sjösten (Swedbank Robur Funds), Sussi Kvart (Handelsbanken Funds) and Hjalmar Ek (Lannebo Funds). Axfood's Chairman, Mia Brunell Livfors, is a co-opted member of the Nominating Committee. Annuncio • Sep 23
Axfood AB (publ), Annual General Meeting, Mar 20, 2024 Axfood AB (publ), Annual General Meeting, Mar 20, 2024. Annuncio • Feb 15
Axfood AB (Publ) Declares Dividend into Two Payments, Payable on 29 March and 27 September 2023 Respectively Axfood AB (publ) at its annual general meeting to be held on 22 March 2023 proposed payment of a dividend of SEK 8.15 per share. The dividend amount will be divided into two payments, one of SEK 4.15 and one of SEK 4.00.The record dates proposed for the payments are 24 March 2023 and 22 September 2023. With the specified record dates, dividends are expected to be paid out on 29 March and 27 September 2023. The last dates for trading in the Company's shares including the right to a dividend are 22 March and 20 September 2023. Annuncio • Nov 17
Christer Åberg Not to Stand for Re-Election as Board Member Ahead of the Annual General Meeting on 22 March 2023, the Nominating Committee of Axfood's Board member Christer Åberg has declined re-election. Annuncio • Oct 18
Axfood AB (publ) Announces Change in the Nominating Committee Axfood AB (publ) announced that in accordance with the Instructions for the Nominating Committee, the composition of the Nominating Committee ahead of Axfood AB (publ) 2023 Annual General Meeting has changed due to changes in the ownership of the company. Changes in the shareholdings in company have taken place during September 2022, which has led to Nordea Funds' representative, Richard Torgerson, having relinquished his place and ODIN Funds having appointed a representative. After the changes, the Nominating Committee ahead of the 2023 AGM has the following composition: Marie Ehrling, Axel Johnson AB, committee chair, Sussi Kvart, Handelsbanken Funds, Joachim Spetz, Swedbank Robur Funds, Peter Nygren, ODIN Funds, Axfood's Chairman, Mia Brunell Livfors, is a co-opted member of the Nominating Committee. Company’s AGM will be held on 22 March 2023 in Stockholm. Annuncio • Jul 16
Axfood AB (Publ) Approves the Total Dividend for 2021 Axfood AB (publ) approved the total dividend for 2021 to SEK 7.75 per share, an increase of SEK 0.25 compared to last year. SEK 4 per share was paid out in First Quarter and the remaining amount, SEK 3.75 per share will be paid out in September. Annuncio • Mar 03
MatHem i Sverige AB completed the acquisition of Matse Holding AB (publ) from Axfood AB (publ) (OM:AXFO). MatHem i Sverige AB entered into an agreement to acquire Matse Holding AB (publ) from Axfood AB (publ) (OM:AXFO) for SEK 690 million on December 14, 2021. The purchase consideration will be paid in all stock, on a cash and debt-free basis. The transaction is subject to antitrust and regulatory approvals, and is expected to be closed in the first quarter of 2022. As of February 9, 2022 Swedish Competition Authority approved the deal. Axfood has become the second largest owner of Mathem through the divestment of Mat.se in exchange for shares in Mathem. The consideration is a multiple of 1.5 times the Matse net sales in the last 12 months as of September 30, 2021.
MatHem i Sverige AB completed the acquisition of Matse Holding AB (publ) from Axfood AB (publ) (OM:AXFO) on March 1, 2022. Annuncio • Dec 15
MatHem i Sverige AB entered into an agreement to acquire Matse Holding AB (publ) from Axfood AB (publ) (OM:AXFO) for SEK 688 million. MatHem i Sverige AB entered into an agreement to acquire Matse Holding AB (publ) from Axfood AB (publ) (OM:AXFO) for SEK 688 million on December 14, 2021. The purchase consideration will be paid in all stock, on a cash and debt-free basis. The transaction is subject to antitrust and regulatory approvals, and is expected to be closed in the first quarter of 2022. The consideration is a multiple of 1.5 times the Matse net sales in the last 12 months as of September 30, 2021. 
