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Inter IKEA Holding

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Inter IKEA Holding B.V.
Company typeHolding company
Founded1991
FounderIngvar Kamprad
HeadquartersDelft, Netherlands
Area served
Worldwide
Key people
Jon Abrahamsson Ring (CEO)
Revenue22,878,000,000 Euro (2017) Edit this on Wikidata
ParentInter IKEA Foundation
Subsidiaries
  • Inter IKEA Systems B.V.
  • IKEA of Sweden A.B.
  • IKEA Supply A.G.
  • IKEA Industry Holding B.V.
Websitewww.inter.ikea.com
IKEA ownership chart
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Flowchart showing the structure and ownership of IKEA companies. Parent companies are at the top of the chart.
Provides services to | Is the parent of | Provides funding to
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Inter IKEA Holding B.V. (also known as Inter IKEA Group) is a holding company registered in the Netherlands,[1] ultimately owned by Inter IKEA Foundation. It owns the company Inter IKEA Systems and thereby controls the intellectual property of IKEA. It is also in charge of design, manufacturing and supply of IKEA products.[2][3][4][5]

History

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The company was incorporated in 1991 as Inter IKEA Holding S.A. in Luxembourg. Between 2011 and 2016, restructuring took place among corporate entities related to IKEA, and since 2016, Inter IKEA Holding has been based in the Netherlands.[6][7][8][9][10]

Inter IKEA Holding used to be controlled by Ingvar Kamprad, the founder of IKEA, and his family, through the advisory council of Interogo Foundation. However, in 2013, Kamprad renounced the right to appoint members to that council, and the current articles of the foundation require that Kamprad family members do not hold a majority of the seats.[4][11][12]

Subsidiaries

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Inter IKEA Systems

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Inter IKEA Systems B.V. is a holding company fully owned by Inter IKEA Holding and thus Interogo Foundation. It is the company that legally owns all of the IKEA brand's intellectual property (logo, word, trademarks, etc.).[13]

Inter IKEA Systems is the IKEA franchisor. The company releases guides and manuals of various parts of the IKEA brand. The company releases news, training, program and various other types of manuals. It also does research about the market IKEA is in and releases reports and tools to IKEA retailers. The company was incorporated in 1983, and it is based in the Netherlands.[14]

IKEA of Sweden

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IKEA of Sweden A.B. is responsible for designing, developing and making home furnishing products for IKEA. The company is based in Älmhult, Sweden. The company was founded in 1943.[2][15]

IKEA Supply

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IKEA Supply A.G. is responsible for supplying IKEA products to IKEA franchises. It owns many distribution centers around the world. It is based in Switzerland.[2]

IKEA Industry

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IKEA Industry A.B. produces 10-12% of the IKEA range of products. The company mostly focuses on wooden furniture. It was founded in 1991 as Swedwood International AB. The company name was changed from Swedwood International AB to IKEA Industry A.B. in September 2013. The company has always been based in Sweden.[2][16]

IKEA Marketing and Communication

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IKEA Marketing and Communication AB (formerly IKEA Communications AB[17]) creates and maintains IKEA communication for customers and other IKEA organizations. Its responsibilities include the IKEA website, apps, brochures, TV commercials, and assembly instructions. It is based in Sweden.[2] It is a Promoter Member of the Khronos Group.[18]

IKEA Food Services

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IKEA Food Services A.B. develops and produces the IKEA food and beverages products sold in IKEA stores. It is based in Sweden.[2]

See also

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References

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  1. ^ "Inter IKEA Systems BV - Company Profile and News". Bloomberg News.
  2. ^ a b c d e f "Our Business in brief". Inter IKEA Systems. Archived from the original on 29 April 2020. Retrieved 2 January 2020.
  3. ^ Milne, Richard (3 February 2019). "Inter Ikea's Torbjorn Loof: making the vision clear". Financial Times. Retrieved 3 January 2020.
  4. ^ a b Milne, Richard (1 February 2018). "What will Ikea build next?". Financial Times. Retrieved 2 January 2020.
  5. ^ "Inter IKEA Holding B.V." D&B Hoovers. Retrieved 2 January 2020.
  6. ^ "Company Overview of Inter IKEA Holding S.A." www.bloomberg.com. Archived from the original on 23 September 2018. Retrieved 23 September 2018.
  7. ^ Milne, Richard; Toplensky, Rochelle (18 December 2017). "Ikea's complicated tax-driven structure faces EU scrutiny". Financial Times. Retrieved 2 January 2020.
  8. ^ "State aid: Commission opens in-depth investigation into the Netherlands' tax treatment of Inter IKEA". European Commission. 18 December 2017. Retrieved 2 January 2020.
  9. ^ "New structure of Inter IKEA Group". Vastint Holding. 24 June 2016. Retrieved 2 January 2020.
  10. ^ "Inter IKEA Group acquires IKEA range, supply and production activities from the INGKA Group". Inter IKEA Systems. 1 September 2016. Retrieved 2 January 2020.
  11. ^ Ringstrom, Anna; Thomas, Susan (18 October 2016). "Mathias Kamprad steps down as chairman of IKEA brand owner". Reuters. Retrieved 3 January 2020.
  12. ^ "Advisory Council (Beirat)". Interogo Foundation. Retrieved 3 January 2020.
  13. ^ "Inter IKEA Systems B.V." franchisor.ikea.com. Retrieved 23 September 2018.
  14. ^ "Company Overview of Inter IKEA Systems B.V." www.bloomberg.com. Archived from the original on 24 September 2018. Retrieved 23 September 2018.
  15. ^ "Company Overview of IKEA of Sweden AB". www.bloomberg.com. Archived from the original on 28 September 2018. Retrieved 23 September 2018.
  16. ^ "Company Overview of IKEA Industry AB". www.bloomberg.com. Archived from the original on 28 September 2018. Retrieved 23 December 2018.
  17. ^ Compare the current (2021) name with the name in the 2020 årsredovisning as found at e.g. https://www.hitta.se/f%C3%B6retagsinformation/ikea+communications+ab/5562752955
  18. ^ "Khronos Members - The Khronos Group Inc". Khronos Group. Retrieved 2021-06-10.
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