Dagab Inköp & Logistik AB and Saba Logistics AB, part of Dole Food Company, have signed a Letter of Intent under which Dagab will acquire Saba’s warehouse operation in Helsingborg, effective 1 January 2017.
The acquisition entails that Dagab will take over all equipment and the warehouse’s 150 employees, and will sign a five-year lease with Saba.
“This acquisition gives us a secure means of supporting the fantastic volume growth we have had in fruits and vegetables in recent years and gives us an opportunity for further growth,” comments Nicholas Pettersson, President of Dagab. “It also feels very positive to integrate the warehouse operations for fruits and vegetables within Dagab and that going forward we will have responsibility and control over the entire value chain for Axfood’s store chains.”
Up until now Dagab has handled its own purchasing of fruits and vegetables as well as transports to Axfood’s Willys, Hemköp, Tempo and Axfood Snabbgross store chains, while Saba has performed the warehouse services for Dagab.
For further information, please contact:
Nicholas Pettersson, President Dagab, tel. +46-70-261 28 72
Claes Salomonsson, Director Press Relations Axfood AB, tel. +46-70-289 89 83
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Axfood aspires to be the leader in affordable, good and sustainable food. Our family of companies includes the store chains Willys and Hemköp as well as Tempo and Handlar’n. B2B sales are handled through Snabbgross, and our support company Dagab is responsible for the Group’s product development, purchasing and logistics. The Axfood family also includes Middagsfrid and Urban Deli as well as the partly owned companies Apohem, Eurocash, City Gross and Mathem. Together the Group has more than 13,000 employees and sales of approximately SEK 80 billion. Axfood has been listed on Nasdaq Stockholm since 1997, and the principal owner is Axel Johnson AB. Read more at axfood.com.