Investor AB

Investor AB is a Swedish investment and holding company, considered a de facto conglomerate. It was founded in 1916 and is still controlled by the Wallenberg family through its company FAM AB. The company owns a controlling stake in several large Swedish companies, with smaller positions in a number of other firms.

Investor AB
TypePublicly traded Aktiebolag
ISINSE0000107419 Edit this on Wikidata
IndustryIndustrial holding company
Founded1916 (1916)
Headquarters,
Key people
ProductsCore, private equity, operating and financial investments
Increase 231.67 billion kr (2021)[1]
Increase 227.97 billion kr (2021)[1]
Total assetsIncrease 795.54 billion kr (2021)[1]
Total equityIncrease 682.61 billion kr (2021)[1]
OwnerWallenberg family (23.3% equity, 50.0% voting)
Number of employees
73 (Investor AB only, 2021)[1]
Websitewww.investorab.com

History

Investor AB was established in Stockholm when new Swedish legislation made it more difficult for banks to own stocks in industrial companies on a long-term basis. The shareholdings of the family bank, Stockholms Enskilda Bank, were transferred to Investor AB, a newly formed industrial holding company spun off from the bank.

Investments

Listed companies

Investor AB owns significant holdings of the following companies. Ownership shares vary from 3%-35% as of 2022.[2]

  • ABB - Provides electrification products, robotics and motion, industrial automation and power grids.
  • AstraZeneca - A biopharmaceutical company.
  • Atlas Copco - Provides compressors, vacuum and air treatment systems, construction equipment, power tools, and assembly systems.
  • Electrolux - Provides household appliances for consumer use.
  • Electrolux Professional - food service, beverage and laundry for professional use, spun off from Electrolux AB in 2020.
  • Epiroc - mining, infrastructure and natural resources.
  • Ericsson - Provides communications technology and services.
  • Husqvarna AB - Provides outdoor power products, consumer watering products, cutting equipment, and diamond tools.
  • Nasdaq, Inc. - Provides financial services and controls stock exchanges
  • Saab - Products for military defense and civil security.
  • SEB - A financial services group focusing mainly on the Nordic countries, Germany, and the Baltics.
  • Sobi - Biopharmaceutics
  • Wärtsilä - marine and power engine development.[3]

Patricia Industries

Investor AB owns the vast majority of the stock of Patricia Industries, as of 2022. Patricia Industries' key focus is to invest in and develop wholly-owned companies.

  • BraunAbility - automotive mobility products
  • Laborie - Develops, designs, and distributes innovative capital equipment for the urology and gastroenterology sectors, with complementing and recurring high-volume sales of disposable catheters
  • Mölnlycke Health Care - Designs, manufactures, and supplies single use products for managing wounds
  • Permobil - powered and manual wheelchairs, as well as cushions and accessories
  • Piab - A provider of gripping and moving for automated manufacturing and logistics processes
  • Sarnova - A provider of healthcare products to emergency care providers, hospitals, schools, businesses, and federal government agencies
  • Advanced Instruments - osmolality testing instrumentation and consumables for the clinical, biopharmaceutical, and food & beverage markets
  • Vectura - Develops, owns and manages real estate
  • 3 Scandinavia - Provides mobile voice and broadband services in Sweden and Denmark
  • Financial Investments - Financial Investments consist of investments in which the investment horizon has not yet been defined

Investments in EQT

Investments in EQT AB and EQT Funds.

  • EQT Partners - EQT manages and advises a range of specialized investment funds, and other investment vehicles that invest across the world with the mission to generate attractive returns and future-proof companies. As one of EQT's founders in 1994, Investor has invested in most of its funds.

Some former holdings

References

  1. "Annual Report 2021" (PDF). Investor AB. Retrieved 27 April 2022.
  2. Investor ABB. "Year End Report 2022". Retrieved 18 July 2023.
  3. "Annual Report 2019" (PDF). Retrieved January 27, 2021.
  4. "Investor AB – press release". Cision Wire. Archived from the original on 2012-07-22. Retrieved 2006-08-21.
  5. Press release Investor AB 10 January 2000
  6. "VW increases holding". Archived from the original on 2008-03-05.
  7. "Investor AB - press release". Cision Wire. Archived from the original on 2013-01-19. Retrieved 2005-05-23.
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