Investor AB

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Investor AB
TypePublicly traded Aktiebolag
Nasdaq Stockholm: INVE B
OMX Stockholm 30 component
ISINSE0000107419
IndustryIndustrial holding company
Founded1916; 106 years ago (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

Investor AB is a Swedish investment and de facto conglomerate holding 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.

History[]

Investor 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.
  • 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.
  • 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[]

  •  [sv] - CEO from 2015 to present, member of the Management Group since 2006
  • - CFO, member of the Management Group since 2015
  • - General Counsel, Head of Corporate Governance and responsible for investments in EQT funds, member of the Management Group since 2007
  • - Head of Listed Companies, member of the Management Group since 2015
  • - Head of Corporate Communication & Sustainability, member of the Management Group since 2018
  • - Head of Patricia Industries, member of the Extended Management Group since 2017
  • - Head of HR, member of the Extended Management Group since 2017

See also[]

Some former holdings[]

  • IBX - provider of efficient purchasing solutions and services (sold to Capgemini in 2010)
  • WM-data - IT services (sold in August 2006)[3]
  • Saab Automobile - acquired by General Motors
  • Scania - divested its holding to Volkswagen AG in 2008[4]
  • Bredbandsbolaget (BBB) - a broadband and telecoms provider. This was initially in difficulty but was sold in 2005 to Telenor for a profit.[5]
  • OMX - financial services company (sold in May 2007 to Nasdaq, Inc.)

Other Swedish investment companies[]

References[]

  1. ^ a b c d e "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.

External links[]

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