Investor AB

Investor AB is a Swedish investment and de facto conglomerate holding company. It was founded in 1916, and is 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.

Investor AB
TypePublicly traded Aktiebolag
Nasdaq Stockholm: INVE B
OMX Stockholm 30 component
ISINSE0000107419
IndustryIndustrial holding company
Founded1916 (1916)
Headquarters
Stockholm
,
Sweden
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

History

Investor AB was established by the Wallenberg family in Stockholm in 1916, 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 (SEB today), were transferred to Investor AB, a newly formed industrial holding company spun out of the bank.

Investments

Listed companies

Investor AB own significant minority stakes in listed companies and are typically the largest shareholder.

  • ABB - Provides electrification products, robotics and motion, industrial automation and power grids, pushing the industrial digitalization.
  • AstraZeneca - A global, innovation-driven, 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 - Leading global provider of food service, beverage and laundry solution for professional use, spun-off from Electrolux AB in 2020.
  • Epiroc - A productivity partner for the mining, infrastructure and natural resources industries.
  • 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 - Provides products, services and solutions for military defense and civil security.
  • SEB - A financial services group with main focus on the Nordic countries, Germany, and the Baltics.
  • Sobi - Biopharmaceutics
  • Wärtsilä - marine and power engine development.[2]

Patricia Industries

Patricia Industries' key focus is to invest in and develop wholly-owned companies.

  • BraunAbility - Global manufacturer of automotive mobility products engaged in the design, development, and distribution of wheelchair accessible vehicles (WAV) and wheelchair lifts
  • 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 and solutions for managing wounds, improving surgical safety and efficiency, and preventing pressure ulcers
  • Permobil - Provides advanced mobility and seating rehab solutions through development, production and sale of, via distributors, powered and manual wheelchairs, as well as cushions and accessories
  • Piab - A provider of gripping and moving solutions for automated manufacturing and logistics processes
  • Sarnova - A provider of innovative healthcare products to national emergency care providers, hospitals, schools, businesses, and federal government agencies
  • Advanced Instruments - A global provider of osmolality testing instrumentation and consumables for the clinical, biopharmaceutical, and food & beverage markets
  • Vectura - Develops, owns and manages real estate with a long-term focus on community service, office and hotels. Manages the whole value chain, from land acquisition to development and management
  • 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.

Executives
  • Johan Forssell - CEO from 2015 to present, member of the Management Group since 2006
  • Helena Saxon - CFO, member of the Management Group since 2015
  • Petra Hedengran - General Counsel, Head of Corporate Governance and responsible for investments in EQT funds, member of the Management Group since 2007
  • Daniel Nodhäll - Head of Listed Companies, member of the Management Group since 2015
  • Viveka Hirdman-Ryrberg - Head of Corporate Communication & Sustainability, member of the Management Group since 2018
  • Christian Cederholm - Head of Patricia Industries, member of the Extended Management Group since 2017
  • Jessica Häggström - Head of HR, member of the Extended Management Group since 2017

See also

Some former holdings

Other Swedish investment companies

References
  1. "Annual Report 2019" (PDF). Investor AB. Retrieved 27 January 2021.
  2. "Annual Report 2019" (PDF). Retrieved January 27, 2021.{{cite web}}: CS1 maint: url-status (link)
  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.
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