Novax AB
Company facts
- Founded
- 1957
- Headquarters
- Sweden
- CEO
- Niclas Palmstierna
About
We are Novax, an active, long-term partner for growth companies and an ecosystem where individuals and organizations can thrive. As the investment arm of Axel Johnson, a family-owned business group with a rich history of entrepreneurship spanning multiple industries since 1873, we are driven by a commitment to embrace change and build for the future. Our core mission is to invest in, support, and develop small and medium-sized enterprises that are, or have the potential to become, industry leaders and innovators of future-ready technologies, products, and services. We believe in building businesses that contribute to a stronger, more sustainable society, and this ambition is shared across the entire Axel Johnson group. Our investment philosophy is rooted in being active, long-term owners with a distinct focus on growth. We bring deep industry knowledge, hands-on experience, dedication, high ambition, and the necessary resources to help our portfolio companies realize their vision. Beyond providing capital, we offer an ecosystem rich in knowledge, competence, and talent. Our sector expertise and enduring perspective allow us to identify potential that extends beyond traditional business plans and short-term horizons, making us a trusted partner for ambitious management teams and growth companies. This long-term approach affords us the time, flexibility, and resources to concentrate on what truly benefits a company over time, enabling us to act with patience and conviction. We invest in companies that can create lasting value—economically, socially, and environmentally—seeking out sound values and cultures founded on responsibility, resilience, and a dedication to sustainable growth. Sustainability is integral to our business strategy, and we actively promote resource-efficient models, responsible production, inclusive workplaces, and value-driven leadership, as we believe these are fundamental for enduring success. We are continuously searching for forward-thinking growth companies that share our aspiration to build a better future.
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