Brief: Axfood Signs LOI For New Highly Automated Logistics Centre In Kungsbacka

Axfood AB

28/08/2025 09:54

Aug 28 (Reuters) - Axfood AB AXFO.ST:

LETTERS OF INTENT SIGNED FOR NEW HIGHLY AUTOMATED LOGISTICS CENTRE IN KUNGSBACKA

PLANS TO ESTABLISH A NEW HIGHLY AUTOMATED LOGISTICS CENTRE TO BE COMPLETED IN 2030

OPERATIONS AND RAMP-UP OF FACILITY IS PLANNED TO BE INITATED DURING 2030.

INVESTMENT NEED FOR FUTURE AUTOMATION SOLUTION IS ESTIMATED TO AMOUNT TO EUR 260-280 MILLION DURING PERIOD 2025 TO 2030

INVESTMENT WILL BE FINANCED THROUGH A COMBINATION OF OPERATING CASH FLOW AND CREDIT FACILITIES

Source text: ID:nWkr3r0S6B

Further company coverage: AXFO.ST

 (Gdansk Newsroom)

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