Investor AB
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| Type | Publicly traded Aktiebolag |
|---|---|
| Nasdaq Stockholm: INVE B OMX Stockholm 30 component | |
| 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 |
| SEK 105.63 billion (2019)[1] | |
| SEK 101.23 billion (2019)[1] | |
| Total assets | SEK 432.64 billion (2019)[1] |
| Total equity | SEK 420.68 billion (2019)[1] |
| Owner | Wallenberg family (23.3%) |
Number of employees | 72 (Investor AB only, 2019)[1] |
| Subsidiaries | List
|
| Website | www |
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 420.68 billion kronor (€41.54 billion, $50.14 billion), a discount to the net asset value of 11.4%.
Quick facts[edit]
December 31, 2019 (in SEK m.)
- Listed companies: 345,089
- Patricia Industries: 51,146
- Investments in EQT: 37,248
- Other assets: -840
- Net asset value: 420,681
History[edit]
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[edit]
Core investments[edit]
Investor held shares in the following companies as of 31 December 2019.[2]
Listed companies[edit]
- ABB - power and automation technology (11.8% stake, 11.8% voting rights)
- Atlas Copco - industrial tooling and equipment (16.9% stake, 22.3% voting rights)
- AstraZeneca - pharmaceuticals (3.9% stake, 3.9% voting rights)
- Electrolux - consumer appliances (16.4% stake, 28.4% voting rights)
- Epiroc - mining equipment (17.1% stake, 22.7% voting rights)
- Ericsson - telecommunications (7.2% stake, 22.5% voting rights)
- Husqvarna - outdoor power tools, chainsaws, lawnmowers and robotic mowers (16.8% stake, 33.1% voting rights)
- Nasdaq, Inc. - stock and securities exchange (11.8% stake, 11.8% voting rights)
- Saab - aviation and military technology (30.2% stake, 39.7% voting rights)
- SEB - banking (20.8% stake, 20.8% voting rights)
- Swedish Orphan Biovitrum - biopharmaceutical company (35.9% stake, 35.9% voting rights)
- Wärtsilä - marine and power engine development (17.7% stake, 17.7% voting rights)[2]
Patricia Industries[edit]
- Aleris - health care in Nordic region
- BraunAbility (95.0% stake)
- Grand Hôtel/Vectura - hotel and real estate (100.0% stake)
- Laborie (95.0% stake)
- Mölnlycke Health Care - medical devices (99.0% stake)
- Permobil - power wheelchairs (96.0% stake)
- Piab (96.0% stake)
- Sarnova (85.0% stake)
Primary financial investments[edit]
- 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[edit]
- Börje Ekholm - CEO from 2005 to 2015
See also[edit]
Some former holdings[edit]
- IBX - provider of efficient purchasing solutions and 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 in difficulty but was sold in 2005 to Telenor for a profit.[5]
- OMX - financial services company (sold in May 2007 to Nasdaq, Inc.)
Other Swedish investment companies[edit]
- Ratos
- Investment AB Kinnevik
- Investment AB Latour
- L E Lundbergföretagen AB
- Aktiebolaget Industrivärden
References[edit]
- ^ a b c d e "Annual Report 2019" (PDF). Investor AB. Retrieved 27 January 2021.
- ^ a b "Annual Report 2019" (PDF). Retrieved January 27, 2021.
- ^ "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.
