Investor AB

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Investor AB
TypePublicly traded Aktiebolag
Nasdaq StockholmINVE B
OMX Stockholm 30 component
ISINSE0000107419
IndustryIndustrial holding company
Founded1916; 105 years ago (1916)
Headquarters,
Key people
Jacob Wallenberg (Chair)
Marcus Wallenberg (Vice Chair)
Johan Forssell (Director & CEO)
ProductsCore, private equity, operating and financial investments
SEK 105.63 billion (2019)[1]
SEK 101.23 billion (2019)[1]
Total assetsSEK 432.64 billion (2019)[1]
Total equitySEK 420.68 billion (2019)[1]
OwnerWallenberg family (23.3%)
Number of employees
72 (Investor AB only, 2019)[1]
Subsidiaries
List
Websitewww.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 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]

See also[edit]

Some former holdings[edit]

Other Swedish investment companies[edit]

References[edit]

  1. ^ a b c d e "Annual Report 2019" (PDF). Investor AB. Retrieved 27 January 2021.
  2. ^ a b "Annual Report 2019" (PDF). Retrieved January 27, 2021.
  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.

External links[edit]