Axfood acquires Middagsfrid
Axfood is acquiring, through its subsidiary Matse Holding AB, 100% of the ownership of Middagsfrid. “Through this acquisition we will strengthen and further broaden our customer offering,” says Klas Balkow, President and CEO of Axfood.
Middagsfrid, established in 2007, was first in the world to offer ready-packed grocery bags with predefined recipes directly home to customers’ doors. The company today has some 20 employees and delivers groceries home to customers at some 300 locations throughout Sweden. Sales in 2016 amounted to approximately SEK 75 m. The company has offices and test kitchens in Stockholm.
“Axfood has had a lengthy and fruitful cooperation with Middagsfrid, as we pack and deliver their products,” says Klas Balkow. “We share the same basic view of good and sustainable food, and this acquisition therefore feels right in our strategy to continue growing in online sales.”
“Middagsfrid is a perfect complement to our current business in Mat.se,” comments Måns Danielsson, President of Matse Holding. “Through this acquisition we will also strengthen our knowledge, experience and competence surrounding predefined meal solutions.” He points out that Middagsfrid will continue doing business as today and will retain its name.
Kicki Theander, the founder of Middagsfrid, is satisfied to now gain Axfood as the new owner of her life’s work. “I started Middagsfrid based on a desire to help families eat better,” she says. “Our ambition is always to stay a step ahead regarding new findings, and our aim is to offer grocery bags filled with food that is a little better than when customers shop themselves – better variation, more organics, fewer processed foods, more fresh products, and a large portion of vegetables.”
And she adds: “I see Axfood as a large and stable owner, with long-term purpose in everything they do. They also have a broad and deep understanding of the business we work in ourselves.”
Kicki Theander will stay on with the company as head of business development and PR. The new President of Middagsfrid as from 29 May is Mikael Sahlsten.
For further information, please contact:
Måns Danielsson, President Matse Holding, tel. +46-705-92 67 37
Kicki Theander, Middagsfrid, tel. +46-737-28 11 48
Claes Salomonsson, Manager Media Relations Axfood, tel. +46-702-89 89 83
This press release was submitted for publication at 14:30 CET on 31 May 2017.
Axfood aspires to be the leader in 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 Mat.se, Middagsfrid and Urban Deli as well as the partly owned companies Apohem, Eurocash and City Gross. Together the Group has more than 12,000 employees and sales of more than SEK 54 bn. Axfood has been listed on Nasdaq Stockholm since 1997, and the principal owner is Axel Johnson AB. Read more at axfood.com.