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Last Updated: 2026
Axfood image

Axfood

Rank#3033
Market Cap5.45B
CountrySweden
Summary
History
Mission
Vision
References
Summaryarrow
Axfood AB (publ) engages in the food retail and wholesale businesses in Sweden. It operates through Willys, Hemköp, Dagab, and Snabbgross segments. The company sells groceries through Willys, Hemköp, Eurocash, and Mat.se store chains. It is also involved in the e-commerce business; and provision of private label products. In addition, it offers home delivery of meal kits under the Middagsfrid name, as well as operates Urban Deli, a combination of restaurant and market hall; and Apohem, an online pharmacy. The company serves restaurants, fastfood operators, and cafés; and retailer-owned stores, mini-marts, service stations, and other convenience retailers. As of December 31, 2021, it owned and operated 63 Hemköp, 226 Willys, and 27 Snabbgross stores; and owned and franchised 134 Hemköp and 130 Tempo stores. The company was founded in 1958 and is headquartered in Stockholm, Sweden. Axfood AB (publ) operates as a subsidiary of Axel Johnson AB.
Historyarrow

1958 The grocer “Spik-Olle” opened the first Hemköp store.

1975 Willys’ predecessor, LL:s Livs started.

1986 Willy Schlees opened his first discount grocery store in Kungsbacka.

2000 Axfood was formed through the combination of Hemköpskedjan, Dagab and D-gruppen.

2008 The private label Garant was launched.

2014 Part owner of Urban Deli.

2016 Acquisition of Eurocash, 51%.

2017 Axfood acquired Mat.se and Middagsfrid.

Missionarrow
The mission of Axfood is to offer customers the widest range of healthily sustainable food at attractive prices, while creating growth and development opportunities for their staff.
Visionarrow
Axfood strives to be the leading actor in food retail and foodservice, creating added value for customers, suppliers, employees and shareholders.
Referencesarrow

https://en.wikipedia.org/wiki/Axfood

https://in.investing.com/equities/axfood-ab

https://finance.yahoo.com/quote/AXFO.ST/profile?p=AXFO.ST

https://www.crunchbase.com/organization/axfood

https://companiesmarketcap.com/

https://www.axfood.se

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Leadership team
C
Catarina Forsgren (Head of Group Accounting)
M
Mr. Klas Balkow (Pres & CEO)
M
Mr. Anders Lexmon (Chief Financial Officer)
Products / Services
Food Processing, Retail, Wholesale
Number of Employees
1,000 - 20,000
Address
Stockholm, Stockholms Lan, Sweden
Established
2000-01-01
Net Income
S_100M_500M
Revenue
$1B+
Traded as
AXFO.ST
Website
https://www.axfood.se
Social Media
linkedinfacebookx
Last Updated: 2026
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