Novax is wholly owned subsidiary to 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. 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 (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) Novax Official site (in English) Investment companies of Sweden Manufacturing companies of Canada References