Axfood’s acquisition of Bergendahls Food and partnership with City Gross approved by the Swedish Competition Authority
The Swedish Competition Authority today cleared Axfood’s acquisition of the wholesale business Bergendahls Food as well as of the minority position in City Gross which is part of a strategic partnership. The acquisition creates economies of scale and synergies, and through greater efficiency and improvements in the assortment and logistics, the deal will also benefit wholesale customers and Swedish consumers.“This is welcome news entailing that we soon can start the integration process for our businesses,” comments Klas Balkow, President and CEO of Axfood. “The deal lays the foundation for