Investor AB

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Investor AB
Publicly traded Aktiebolag
Traded as Nasdaq StockholmINVE B
Industry Industrial[disambiguation needed] holding company
Founded 1916; 101 years ago (1916)
Headquarters Stockholm, Sweden
Key people
Jacob Wallenberg (Chairman)
Börje Ekholm
(President & CEO)
Products Core, private equity, operating and financial investments
SEK 47.54 billion (2013)[1]
Profit SEK 45.12 billion (2013)[1]
Total assets SEK 238.521 billion (2013)[1]
Total equity SEK 215.417 billion (2013)[1]
Owner Wallenberg family (23.3%)
Number of employees
85 (Investor AB only, 2013)[1]
Subsidiaries
Website www.investorab.com

Investor AB is a Swedish investment 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[edit]

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[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]

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

Listed companies[edit]

  • 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)
  • Husqvarna - outdoor power tools, chainsaws, lawnmowers and robotic mowers (15.7% stake, 30.8% voting rights)
  • NASDAQ - 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]

Unlisted subsidiaries[edit]

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

See also[edit]

Some former holdings[edit]

Other Swedish investment companies[edit]

References[edit]

  1. ^ a b c d e "Annual Report 2013" (PDF). Investor AB. Retrieved 5 April 2015. 
  2. ^ a b c "Investor AB Core Investments". Investor AB. Retrieved 2 March 2015. 
  3. ^ "Investor AB – press release". Cision Wire. Retrieved 2006-08-21. 
  4. ^ "Investor AB - press release". Cision Wire. Retrieved 2005-05-23. 

External links[edit]