Investor AB
{{Short description|Swedish investment and conglomerate holding company}}
{{Infobox company
| name = Investor AB
| logo = Investor AB logo.svg
| image = Arsenalsgatan_8.JPG
| image_size = 250px
| image_caption = Investor's global HQ in Stockholm, Sweden
| type = Publicly traded Aktiebolag
| traded_as = {{ubl|class=nowrap|{{OMX|SSE161|INVE B}}|OMX Stockholm 30 component}}
| foundation = {{Start date and age|1916}}
| location_city = Stockholm
| location_country = Sweden
| key_people = {{ubl|Jacob Wallenberg {{small|(Chair)}}|Johan Forssell {{small|(Director & former CEO)}}|Christian Cederholm {{small|(CEO)}}}}
| industry = Industrial holding company
| products = Core, private equity, operating and financial investments
| owner = Wallenberg family (23.3% equity, 50.0% voting)
| subsid =
| operating_income = {{increase}} {{SEK|231.67 billion|link=yes}} (2021){{cite web |url=https://www.investorab.com/media/atcam2mu/annual-report-2021.pdf |title=Annual Report 2021 |access-date=27 April 2022 |publisher=Investor AB}}
| net_income = {{increase}} {{SEK|227.97 billion}} (2021)
| assets = {{increase}} {{SEK|795.54 billion}} (2021)
| equity = {{increase}} {{SEK|682.61 billion}} (2021)
| num_employees = 73 (Investor AB only, 2021)
| website = {{official URL}}
}}
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.{{Cite web |title=Our Companies |url=https://www.investorab.com/our-investments/ |access-date=2023-10-28 |website=Investor AB |language=en |archive-date=2023-10-28 |archive-url=https://web.archive.org/web/20231028032425/https://www.investorab.com/our-investments/ |url-status=dead }}
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.{{Cite web |title=Largest Swedish companies by market capitalization |url=https://companiesmarketcap.com/sweden/largest-companies-in-sweden-by-market-cap/ |access-date=2023-10-28 |website=companiesmarketcap.com |language=en-us}}
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 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.{{Cite web |title=Investor |url=https://www.investorab.com/ |access-date=2023-10-29 |website=Investor AB |language=en}} The fund operates with a CEO who is not a Wallenberg but is overseen by its chairperson who is a member of the family, currently Jacob Wallenberg. In 2023, it was announced that Johan Forssell would leave the role of CEO in May 2024 after nine years.{{Cite web |last=Jonsson |first=Camilla |date=2023-10-20 |title=Johan Forssell lämnar Investor |url=https://www.realtid.se/johan-forssell-lamnar-investor/ |access-date=2025-04-08 |website=Realtid |language=sv-SE}} His replacement was announced as Christian Cederholm who is the current CEO.{{Cite web |date=2023-12-04 |title=Christian Cederholm new President and CEO of Investor in May 2024 |url=https://news.cision.com/investor/r/christian-cederholm-new-president-and-ceo-of-investor-in-may-2024,c3887263 |access-date=2025-04-08 |website=News Powered by Cision |language=en}}
Investments
=Listed companies=
Investor AB owns significant holdings of the following companies. Ownership shares vary from 3%-35% as of 2022.{{Cite web |last=Investor ABB |title=Year End Report 2022 |url=https://www.investorab.com/investors-media/reports-presentations/2022/ |access-date=18 July 2023}}
- 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.{{Cite web|last=|first=|date=|title=Annual Report 2019|url=https://vp053.alertir.com/afw/files/press/investor/202003263627-1.pdf|archive-url=|archive-date=|access-date=January 27, 2021|website=}}
= 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 AB - EQT manages and advises a range of specialized investment funds, and other investment vehicles that invest across the world. 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){{cite web|url=http://www.cisionwire.com/investor/investor-accepts-logicacmg-s-offer-for-wm-data|title=Investor AB – press release|publisher=Cision Wire|access-date=2006-08-21|url-status=dead|archive-url=https://archive.today/20120722074500/http://www.cisionwire.com/investor/investor-accepts-logicacmg-s-offer-for-wm-data|archive-date=2012-07-22}}
- Saab Automobile - acquired by General Motors in 2000[https://web.archive.org/web/20230612180720/http://ir.investorab.com/files/press/investor/investor-press-2000-01-10-145000-en.pdf Press release] Investor AB 10 January 2000
- Scania - divested its holding to Volkswagen Group in 2008{{cite web|url=http://www.scania.com/ir/vw_increases_holding.asp|title=VW increases holding|archive-url=https://web.archive.org/web/20080305190717/http://www.scania.com/ir/vw_increases_holding.asp|archive-date=2008-03-05|url-status=dead}}
- Bredbandsbolaget - a broadband and telecoms provider. This was initially difficult but sold in 2005 to Telenor for a profit.{{cite web|url=http://www.cisionwire.com/investor/access-industries--the-carlyle-group-and-investor-ab-to-sell-bredbandsbolaget-to-telenor|title=Investor AB - press release|publisher=Cision Wire|access-date=2005-05-23|url-status=dead|archive-url=https://archive.today/20130119042435/http://www.cisionwire.com/investor/access-industries--the-carlyle-group-and-investor-ab-to-sell-bredbandsbolaget-to-telenor|archive-date=2013-01-19}}
- OMX - financial services company (sold in May 2007 to Nasdaq)
References
{{Reflist}}
External links
- [http://biz.yahoo.com/ic/90/90885.html Yahoo! - Investor AB company profile]
{{OMX Stockholm 30 companies}}
{{OMX Nordic 40}}
Category:Swedish companies established in 1916
Category:Companies based in Stockholm
Category:Companies listed on Nasdaq Stockholm
Category:Companies in the OMX Stockholm 30
Category:Companies in the OMX Nordic 40
Category:Companies related to the Wallenberg family