Home Sweden Living World Business Sports Entertain

City Gross

The Food Chain Gets a New CEO

Recently, it became clear that the food company Axfood got the thumbs up from the Competition Authority to buy the competitor City Gross. In connection with Axfood becoming the new owner, City Gross gets a new board of directors where Patrick Grabenbauer becomes the new CEO, the food chain announces in a press release.

The Food Chain Gets a New CEO

Axfood: Much that will affect food prices ahead

The food concern Axfood sees that food prices continue to stabilize. However, CEO Simone Margulies dare not predict what will happen ahead.

Axfood: Much that will affect food prices ahead

Axfood gets approval to buy City Gross

The food company Axfood gets the green light from the Competition Authority to buy the competitor City Gross. "The decision has been made after an in-depth investigation which shows that it is not likely that the acquisition will significantly hinder competition on the Swedish daily goods market, either nationally or locally", the authority writes in a [press release](https://www.

Axfood gets approval to buy City Gross