Axfood AB (publ) (OTCMKTS:AXFOF) is a leading Swedish food retail group operating under several retail brands, including Willys, Willys Hemma and Hemköp. The company’s primary business activity is the retail sale of groceries, fresh produce and household goods through a network of company-operated and franchised stores. Alongside its retail operations, Axfood manages a comprehensive logistics and wholesale distribution arm, which supplies both its own stores and a range of independent retail partners across Sweden.
Through its distribution subsidiary, Dagab, Axfood handles procurement, warehousing and transportation of food and non-food items, ensuring efficient supply chain operations. The group also has an e-commerce presence, offering online grocery shopping via brands such as Mat.se, and has invested in digital solutions to streamline customer ordering and home delivery services. This integrated approach supports both brick-and-mortar and online channels, catering to diverse consumer preferences.
Headquartered in Stockholm, Axfood traces its origins to the merger of several regional grocery chains in 2000, combining the heritage of Hemköp (est. 1977) with the discount retail concepts that later evolved into Willys. The company is publicly listed on Nasdaq Stockholm and its American Depositary Receipts trade on the OTC Markets under the symbol AXFOF. Over the years, Axfood has pursued a strategy of cost efficiency, sustainability initiatives and selective acquisitions to strengthen its market position.
Axfood’s operations are exclusively focused on the Swedish market, where it continues to expand its footprint in both urban and rural regions. The group emphasizes sustainability in its supply chain, working closely with suppliers to promote responsible sourcing, reduce food waste and lower environmental impact. Axfood’s multi-brand model and investment in distribution infrastructure underpin its role as one of Sweden’s foremost food retailers.
