The food industry is stable and generates millions of jobs every year. Its products provide us with sustenance, joy, and community, making it a cornerstone of our societies and the European economy.
However, today's food production and consumption also have significant negative impacts on the environment, climate, and human health. Challenges include issues such as eutrophication, soil depletion, loss of biodiversity, deforestation, resource waste, and more. Additionally, the global population is increasing, necessitating higher food production with better nutritional content.
To address these problems, a variety of initiatives with the potential to fundamentally transform the system are needed. We firmly believe that solutions will arise from the intersection of research and entrepreneurship. Novax contributes through partnerships and investments in innovative companies with ideas and technology that have the potential to revolutionize how we produce and consume food.
Novax and Axel Johnson have a long tradition in the food industry. Novax's sister companies include Axfood, with brands such as Hemköp, Willys, and Dagab, Bergendahls, Martin & Servera, Grönsakshallen, among others. Our shared industry networks extend across Europe, and our collective knowledge is both broad and deep.
Driving real change in the food sector requires patience, which suits us well. We have a long-term model that allows us to grow together with our companies over time.
