Investor AB

Investor AB
	File:Investor.svg Former logo
Company type	Publicly traded Aktiebolag
Traded as	Nasdaq Stockholm: INVE B; OMX Stockholm 30 component
ISIN	SE0000107419
Industry	Industrial holding company
Founded	1916; 108 years ago
Headquarters	Stockholm, Sweden
Key people	Jacob Wallenberg (Chair); Marcus Wallenberg (Vice Chair); Johan Forssell (Director & CEO)
Products	Core, private equity, operating and financial investments
Operating income	SEK 47.54 billion (2013)
Net income	SEK 45.12 billion (2013)
Total assets	SEK 238.521 billion (2013)
Total equity	SEK 215.417 billion (2013)
Owner	Wallenberg family (23.3%)
Number of employees	85 (Investor AB only, 2013)
Subsidiaries	List Grand Hotel Stockholm; Investor Growth Capital; EQT Partners; ABB Group (8.4%); Atlas Copco (16.8%); AstraZeneca (4.1%); Electrolux (15.5%); Ericsson (5.3%); Husqvarna AB (15.7%); Nasdaq, Inc. (11.5%); Saab Group (30.0%); SEB (20.8%); 3 Scandinavia (40%); Aleris; Mölnlycke Health Care; Novare; Lindorff; Swedish Orphan Biovitrum (39.7%); ;
Website	www.investorab.com

Investor AB is a Swedish investment and de facto conglomerate holding company, founded in 1916 and 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. At year-end 2013 it had a market value of 190.9 billion kronor (€21.4 billion, $29.4 billion), a discount to the net asset value of 11.4%.

Quick facts

December 31, 2013 (in SEK m.)

Core holdings: 204,705
Financial investments: 32,256
Other assets: 1,560
Total assets: 238,521
Net asset value: 215,419

History

In 1916, new legislation made it more difficult for banks to own stocks in industrial companies on a long-term basis. Investor was formed as an investment part of Stockholms Enskilda Bank, at the time the largest instrument of power in the Wallenberg family.

Investments

Core investments

Investor held shares in the following companies as of 31 December 2013.^[2]

Listed companies

ABB - power and automation technology (8.4% stake, 8.4% voting rights)
Atlas Copco - industrial tooling and equipment (16.8% stake, 22.3% voting rights)
AstraZeneca - pharmaceuticals (4.1% stake, 4.1% voting rights)
Electrolux - consumer appliances (15.5% stake, 30.0% voting rights)
Ericsson - telecommunications (5.3% stake, 21.5% voting rights)
Epiroc - mining equipment (17.1% stake, 22.7% voting rights)
Husqvarna - outdoor power tools, chainsaws, lawnmowers and robotic mowers (15.7% stake, 30.8% voting rights)
Nasdaq, Inc. - stock and securities exchange (11.5% stake, 11.5% voting rights)
Saab - aviation and military technology (30.0% stake, 39.5% voting rights)
Swedish Orphan Biovitrum - biopharmaceutical company (39.7% stake, 39.8% voting rights)
SEB - banking (20.8% stake, 20.8% voting rights)
Wärtsilä - marine and power engine development (16.8% stake, 16.8% voting rights)^[2]

Patricia Industries

Mölnlycke Health Care - medical devices (96.0% stake)
Permobil - power wheelchairs (94.0% stake)
Aleris - health care in Nordic region (100.0% stake)
Grand Hôtel/Vectura - hotel and real estate (100.0% stake)
BraunAbility (100.0% stake)

Primary financial investments

EQT Partners - private equity funds
Investor Growth Capital - venture capital in health care and technology in US and China
3 Scandinavia - mobile and broadband networks in Scandinavia

Executives

Börje Ekholm - CEO from 2005 to 2015

References

^ ^a ^b ^c ^d ^e "Annual Report 2013" (PDF). Investor AB. Retrieved 5 April 2015.
^ ^a ^b "Archived copy". Archived from the original on 9 May 2015. Retrieved 2015-03-02.{{cite web}}: CS1 maint: archived copy as title (link) CS1 maint: bot: original URL status unknown (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.

External links

[AR2013-1] "Annual Report 2013" (PDF). Investor AB. Retrieved 5 April 2015.

[core-investments-2] "Archived copy". Archived from the original on 9 May 2015. Retrieved 2015-03-02.{{cite web}}: CS1 maint: archived copy as title (link) CS1 maint: bot: original URL status unknown (link)

[3] "Investor AB – press release". Cision Wire. Archived from the original on 2012-07-22. Retrieved 2006-08-21.

[4] "VW increases holding". Archived from the original on 2008-03-05.

[5] "Investor AB - press release". Cision Wire. Archived from the original on 2013-01-19. Retrieved 2005-05-23.

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