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Axel Johnson Group facts for kids

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Axel Johnson Group
Native name
Axel Johnsongruppen
Limited company
Industry Retail
Founded 1873
Founder Axel Johnson
Headquarters Stockholm, Sweden

The Axel Johnson Group is a big family-owned company from Sweden. It's run by the great-grandchildren and great-great-grandchildren of the person who started it! The company began way back in 1873 as a trading business called A. Johnson & Co.

Today, the group is made up of four main companies. They all have the same owner, Antonia Ax:son Johnson, and her family. The group also owns a part of another company called Nordstjernan. Nordstjernan, in turn, owns parts of other businesses, like the construction company NCC.

The four main companies in the Axel Johnson Group are:

  • Axel Johnson AB
  • Axel Johnson Inc
  • Axfast AB
  • AltoCumulus

Axel Johnson AB: Building Businesses

Axel Johnson AB is a Swedish family business that helps create and grow companies. These companies usually focus on trade and services in Europe, especially in the Nordic countries (like Sweden, Norway, and Denmark).

Some of the companies that are part of Axel Johnson AB include:

  • Axel Johnson International
  • Axfood (a big food retail group)
  • Dustin (sells IT products)
  • Novax
  • Martin & Servera (a food service company)
  • AxSol (a solar energy group)

In 2022, all the companies connected to Axel Johnson AB had sales of about 118 billion Swedish Kronor. They also had around 27,000 employees working for them.

AltoCumulus: Managing Money

AltoCumulus is a company that helps manage money and investments for the Axel Johnson family. It's based in Stockholm, Sweden, and also in Luxembourg.

Nordstjernan: Investing in the Nordics

Nordstjernan is an investment company that is also owned by a family. It actively invests in companies located in the Nordic countries. The Axel Johnson Group owns about six percent of Nordstjernan.

Axfoundation: Working for a Better Future

Axfoundation is a special non-profit organization. It was started in 1993 by Antonia Ax:son Johnson. This foundation works to make society better for everyone, focusing on being good for the environment and for people.

One of the things Axfoundation does is help new people in Sweden connect with those who have lived there longer. This helps create a more open and welcoming country.

Working with Universities

The Axel Johnson Group also helps support education and research. They work with the Stockholm School of Economics. In 2017, the group gave 50 million Swedish Kronor to the school. This money helped start the Antonia Ax:son Johnson Tutorial program in 2018. This program helps students and teachers have deeper discussions and learn more together.

External Links

  • Axel Johnson official website: http://www.axeljohnson.se/
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