Dagab acquires Saba’s warehouse operation in Helsingborg

Dagab Inköp & Logistik AB and Saba Logistics AB, part of Dole Food Company, have
signed a Letter of Intent under which Dagab will acquire Saba’s warehouse
operation in Helsingborg, effective 1 January 2017.

The acquisition entails that Dagab will take over all equipment and the
warehouse’s 150 employees, and will sign a five-year lease with Saba.

“This acquisition gives us a secure means of supporting the fantastic volume
growth we have had in fruits and vegetables in recent years and gives us an
opportunity for further growth,” comments Nicholas Pettersson, President of
Dagab. “It also feels very positive to integrate the warehouse operations for
fruits and vegetables within Dagab and that going forward we will have
responsibility and control over the entire value chain for Axfood’s store
chains.”

Up until now Dagab has handled its own purchasing of fruits and vegetables as
well as transports to Axfood’s Willys, Hemköp, Tempo and Axfood Snabbgross store
chains, while Saba has performed the warehouse services for Dagab.

For further information, please contact:

Nicholas Pettersson, President Dagab, tel. +46-70-261 28 72
Claes Salomonsson, Director Press Relations Axfood AB, tel. +46-70-289 89 83
At Axfood we work with passion for food and people. Our strength is in
developing and driving successful grocery formats in the Swedish market with
responsibility for the environment and sustainable development. Axfood includes
the Willys and Hemköp chains as well as the Tempo, Handlar’n and Direkten
formats, which are proprietor-owned and organized within Axfood Närlivs. B2B
sales are handled through the Axfood Snabbgross chain, and wholesaling is
conducted through Dagab. Axfood is listed on Nasdaq Stockholm, and the principal
owner is Axel Johnson AB. Read more at www.axfood.se.