Klas Balkow, the PResident and Chief Executive Officer of Axfood AB (OM:AXFO) recently disclosed, "Well, thank you. As you have seen we have done, and I think compared to historically we have done more than acquisitions. We have done, we have increased the speed on that and we have now some work to do to integrate the one we have. So I think we have to full focus on that. Does that mean that we will close doors for future acquisitions? No, I think that door will always be open, but at this stage we are focusing on the one we just acquired."
Axfood AB is a Sweden-based company engaged in the food retail and wholesale trade in Sweden. The Companyâs retail business is conducted through three wholly owned chains: Willys, specializing in discount food retail; Hemkop, which is engaged in the sales of food retail products, and PrisXtra, which is a grocery chain serving the Stockholm market. The Company owns and operates over 200 retail stores. The Companyâs wholesale business is conducted through Dagab, which supplies Axfood Group and the Vi chain, and Axfood Narlivs, a convenience store wholesaler. Axfood has a portfolio of private labels, including Hemkop, Garant, Garant Ekologiska varor, Aware, Saklart, Func and Fixa. Among others, the Company operates via Middagsfrid AB. The Company's major shareholder is Axel Johnson AB.
AXFOOD AB 
