# Novax

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**Novax** is wholly owned subsidiary to [Axel Johnson AB](/source/Axel_Johnson_AB) investing in growth companies within retail, trade and trade related service and with sales in the range of 100 to 1,000 million [SEK](/source/Swedish_krona).

Novax level of participation varies from sizable minorities to wholly owned subsidiaries.

Novax current investments include among others Filippa K (55%); DesignTorget (100%); RCO Security (60%); Educations.com Media Group (38%); Medius (38%); Concept Motion (33%); Json Handels (29%) and [Hyper Island](/source/Hyper_Island) (18%).

## Novax Canada

Novax Industries Corporation (Novax) designs and manufactures traffic control products. Including:

- Transit Signal Priority (TSP) solutions
- Accessible (audible) pedestrian crossing solutions (APS)
- Solid-state electronic traffic control products

Novax is a privately held Canadian corporation located on the west coast.

## External links

- [Novax Official site (in Swedish)](http://www.novax.se/)
- [Novax Official site (in English)](http://www.novax.com)

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Adapted from the Wikipedia article [Novax](https://en.wikipedia.org/wiki/Novax) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Novax?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.