Investor AB
 | This article contains content that is written like an advertisement. (October 2021) |
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| Company type | Publicly traded Aktiebolag |
|---|---|
| |
| ISIN | SE0000107419  |
| Industry | Industrial holding company |
| Founded | 1916 |
| Headquarters | , |
Key people | Jacob Wallenberg (Chair) Marcus Wallenberg (Vice Chair) Johan Forssell (Director & CEO) |
| Products | Core, private equity, operating and financial investments |
 231.67 billion kr (2021)[1] | |
| 227.97 billion kr (2021)[1] | |
| Total assets | 795.54 billion kr (2021)[1] |
| Total equity | 682.61 billion kr (2021)[1] |
| Owner | Wallenberg family (23.3% equity, 50.0% voting) |
Number of employees | 73 (Investor AB only, 2021)[1] |
| Subsidiaries | List
|
| Website | investorab |
Investor AB is a Swedish investment and de facto conglomerate holding company. It was founded in 1916 and is still controlled by the Wallenberg family through their Foundation Asset Management company FAM. The company owns a controlling stake in several large Swedish companies, with smaller positions in a number of other firms.
History
Investor AB was established by the Wallenberg family in Stockholm in 1916 when new Swedish legislation made it more difficult for banks to own stocks in industrial companies on a long-term basis. The shareholdings of the family bank, Stockholms Enskilda Bank (SEB today), were transferred to Investor AB, a newly formed industrial holding company spun out of the bank.
Investments
Listed companies
Investor AB own significant minority stakes in listed companies and are typically the largest shareholder.
- ABB - Provides electrification products, robotics and motion, industrial automation and power grids.
- AstraZeneca - A biopharmaceutical company.
- Atlas Copco - Provides compressors, vacuum and air treatment systems, construction equipment, power tools, and assembly systems.
- Electrolux - Provides household appliances for consumer use.
- Electrolux Professional - food service, beverage and laundry for professional use, spun off from Electrolux AB in 2020.
- Epiroc - mining, infrastructure and natural resources.
- Ericsson - Provides communications technology and services.
- Husqvarna AB - Provides outdoor power products, consumer watering products, cutting equipment, and diamond tools.
- Nasdaq, Inc. - Provides financial services and controls stock exchanges
- Saab - Products for military defense and civil security.
- SEB - A financial services group focusing mainly on the Nordic countries, Germany, and the Baltics.
- Sobi - Biopharmaceutics
- Wärtsilä - marine and power engine development.[2]
Patricia Industries
Patricia Industries' key focus is to invest in and develop wholly-owned companies.
- BraunAbility - automotive mobility products
- Laborie - Develops, designs, and distributes innovative capital equipment for the urology and gastroenterology sectors, with complementing and recurring high-volume sales of disposable catheters
- Mölnlycke Health Care - Designs, manufactures, and supplies single use products for managing wounds
- Permobil - powered and manual wheelchairs, as well as cushions and accessories
- Piab - A provider of gripping and moving for automated manufacturing and logistics processes
- Sarnova - A provider of healthcare products to emergency care providers, hospitals, schools, businesses, and federal government agencies
- Advanced Instruments - osmolality testing instrumentation and consumables for the clinical, biopharmaceutical, and food & beverage markets
- Vectura - Develops, owns and manages real estate
- 3 Scandinavia - Provides mobile voice and broadband services in Sweden and Denmark
- Financial Investments - Financial Investments consist of investments in which the investment horizon has not yet been defined
Investments in EQT
Investments in EQT AB and EQT Funds.
- EQT Partners - EQT manages and advises a range of specialized investment funds, and other investment vehicles that invest across the world with the mission to generate attractive returns and future-proof companies. As one of EQT's founders in 1994, Investor has invested in most of its funds.
Executives
- Johan Forssell - CEO from 2015 to present, member of the Management Group since 2006[citation needed]
- Helena Saxon - CFO, member of the Management Group since 2015
- Petra Hedengran - General Counsel, Head of Corporate Governance and responsible for investments in EQT funds, member of the Management Group since 2007
- Daniel Nodhäll - Head of Listed Companies, member of the Management Group since 2015
- Viveka Hirdman-Ryrberg - Head of Corporate Communication & Sustainability, member of the Management Group since 2018
- Christian Cederholm - Head of Patricia Industries, member of the Extended Management Group since 2017
- Jessica Häggström - Head of HR, member of the Extended Management Group since 2017
See also
Some former holdings
- IBX - purchasing services (sold to Capgemini in 2010)
- WM-data - IT services (sold in August 2006)[3]
- Saab Automobile - acquired by General Motors
- Scania - divested its holding to Volkswagen AG in 2008[4]
- Bredbandsbolaget (BBB) - a broadband and telecoms provider. This was initially difficult but sold in 2005 to Telenor for a profit.[5]
- OMX - financial services company (sold in May 2007 to Nasdaq, Inc.)
Other Swedish investment companies
- Ratos
- Investment AB Kinnevik
- Investment AB Latour
- L E Lundbergföretagen AB
- Aktiebolaget Industrivärden
References
- ^ a b c d e "Annual Report 2021" (PDF). Investor AB. Retrieved 27 April 2022.
- ^ "Annual Report 2019" (PDF). Retrieved January 27, 2021.
{{cite web}}: CS1 maint: url-status (link) - ^ "Investor AB – press release". Cision Wire. Archived from the original on 2012-07-22. Retrieved 2006-08-21.
- ^ "VW increases holding". Archived from the original on 2008-03-05.
- ^ "Investor AB - press release". Cision Wire. Archived from the original on 2013-01-19. Retrieved 2005-05-23.
