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.
Type | Publicly traded Aktiebolag |
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| |
ISIN | SE0000107419 |
Industry | Industrial holding company |
Founded | 1916 |
Headquarters | , |
Key people |
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Products | Core, private equity, operating and financial investments |
231.67 billion kr (2021)[1] | |
227.97 billion kr (2021)[1] | |
Total assets | 795.54 billion kr (2021)[1] |
Total equity | 682.61 billion kr (2021)[1] |
Owner | Wallenberg family (23.3% equity, 50.0% voting) |
Number of employees | 73 (Investor AB only, 2021)[1] |
Website | www |
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
- IBX - purchasing services (sold to Capgemini in 2010)
- WM-data - IT services (sold in August 2006)[4]
- Saab Automobile - acquired by General Motors in 2000[5]
- Scania - divested its holding to Volkswagen Group in 2008[6]
- Bredbandsbolaget - a broadband and telecoms provider. This was initially difficult but sold in 2005 to Telenor for a profit.[7]
- OMX - financial services company (sold in May 2007 to Nasdaq)
References
- "Annual Report 2021" (PDF). Investor AB. Retrieved 27 April 2022.
- Investor ABB. "Year End Report 2022". Retrieved 18 July 2023.
- "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.
- Press release Investor AB 10 January 2000
- "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.