Investor AB
 | |
 | |
| Company type | Publicly traded Aktiebolag |
|---|---|
| |
| ISIN | SE0000107419  |
| Industry | Industrial holding company |
| Founded | 1916 |
| Headquarters | , |
Key people |
|
| 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 |
Investor AB is a Swedish investment and holding company, often considered a de facto conglomerate. One of Sweden's largest companies, Investor AB serves as the investment arm of the prominent Swedish Wallenberg family; the family's companies are involved in a variety of industries, of which the primary industries are pharmaceuticals, telecommunications and industry.[2]
Investor AB is Sweden's most valuable publicly traded company; it has major or controlling holdings in several of Sweden's other largest companies. It has numerous investments worldwide through Patricia Industries and EQT AB.[3]
History
[edit]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 Wallenberg family bank, Stockholms Enskilda Bank, were transferred to Investor AB, a newly formed industrial holding company spun off from the bank, which would serve as the family's investment arm henceforth.[4]
Investments
[edit]Listed companies
[edit]Investor AB owns significant holdings of the following companies. Ownership shares vary from 3%-35% as of 2022.[5]
- 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.[6]
Patricia Industries
[edit]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
[edit]Investments in EQT AB and EQT Funds.
- EQT AB - 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
[edit]- IBX - purchasing services (sold to Capgemini in 2010)
- WM-data - IT services (sold in August 2006)[7]
- Saab Automobile - acquired by General Motors in 2000[8]
- Scania - divested its holding to Volkswagen Group in 2008[9]
- Bredbandsbolaget - a broadband and telecoms provider. This was initially difficult but sold in 2005 to Telenor for a profit.[10]
- OMX - financial services company (sold in May 2007 to Nasdaq)
References
[edit]- ^ a b c d e "Annual Report 2021" (PDF). Investor AB. Retrieved 27 April 2022.
- ^ "Our Companies". Investor AB. Retrieved 2023-10-28.
- ^ "Largest Swedish companies by market capitalization". companiesmarketcap.com. Retrieved 2023-10-28.
- ^ "Investor". Investor AB. Retrieved 2023-10-29.
- ^ 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.
