Axfood acquires the wholesale business Bergendahls Food and enters into partnership with City Gross
Axfood acquires the wholesale business of Bergendahl Food AB and strengthens its presence in the Swedish food retail market. The acquisition creates economies of scale, synergies and improved competitiveness. Through increased efficiency, product range and logistics improvements, this also benefits wholesale customers and Sweden's consumers. In addition, Axfood and Bergendahls initiate a strategic partnership for the retail chain City Gross, where Axfood acquires a minority equity stake of 9.9 percent with an option to acquire shares up to an equity stake of up to 30 percent. Axfood and City