Novax

Novax is an active, long-term partner for growth companies, investing in and supporting small and medium-sized enterprises to build successful businesses that can become future pillars of the Axel Johnson Group. Their focus spans sectors such as Health & Wellness, Technical Security, Food of the Future, and Digital Infrastructure for Retail. Novax's approach combines deep industry expertise with a hands-on partnership model, providing both capital and strategic guidance to accelerate the development of their portfolio companies. This commitment is exemplified by their investment in Scandinavian Training Center (STC), a leading fitness chain in Sweden, which expanded its portfolio from 46 to 80 clubs and acquired Sportsgym, a 20-club chain in central Sweden. Novax's long-term perspective allows them to identify and act on opportunities that require patience and conviction, contributing to a stronger, more sustainable society. As part of the Axel Johnson Group, a family-owned conglomerate with diverse business interests across Europe, Novax leverages a broad network and resources to support the growth and success of its portfolio companies.