View over Stockholm Sweden

Bergendahl Group enters into strategic partnership with Axfood

The Bergendahl Group has entered into a strategic partnership with Axfood, including a divestment of the Bergendahl Group’s wholesale business Bergendahl Food AB to Axfood.

The transaction further includes Axfood’s acquisition of 9,9 per cent of City Gross, with an option for Axfood to gradually increase its ownership up to 30 per cent over the course of five years, as well as the entering into of a 15 year term cooperation agreement regarding e.g. supply of goods and provision of IT services.

The Bergendahl Group is one of the country’s largest family-owned groups with subsidiaries active in groceries, supermarkets, home furnishings and fashion with stores in Sweden, Norway, Denmark, Germany and Finland. The Group operates e.g. the City Gross, EKO, Granit and Glitter store chains.

Axfood is a leading food retail group in Sweden and the second largest player in the Swedish food retail market.

Closing of the transaction is conditioned upon merger filing clearance.

The Bergendahl Group was advised by Mannheimer Swartling in the transaction.


This website uses cookies to perform certain functions and help you navigate the site efficiently. A cookie is a text file with a small amount of information that is stored on your device. We share some of the information we obtain through these cookies with third parties. We only use cookies that are necessary for the site to function correctly and they therefore cannot be turned off. For further information, see Information on the use of cookies.