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| | |
| Company type | Public |
|---|---|
| Nasdaq Stockholm: AAK | |
| Industry | Vegetable Oils and Fats |
| Founded | 2005 |
| Headquarters | Malmö, Sweden |
Key people | |
| Revenue | |
Number of employees | 4,013 (2021) |
| Website | www.aak.com |
| Footnotes /references [1] | |
AAK AB, formerly AarhusKarlshamn, is a global Sweden-based company and producer of vegetable oils and fats. [2]
The company, formerly known as AarhusKarlshamn, was founded in 2005 through the merger of Karlshamns AB (founded 1918 in Karlshamn, Sweden) and Aarhus United A/S (founded 1871 in Aarhus, Denmark). [3]
The company has been listed, as the current legal entity, on the Stockholm Stock Exchange (OMX) since 2005 and had a total market cap of about 50,2 billion SEK, [4] as of April 30, 2021. As of December 31, 2021, the group had a total turnover of 35,452 million SEK, an operating profit of 2,393 million SEK, and 4,013 employees globally. [2] [5]
The group has production facilities in numerous countries with its main production units situated in: [2]
The company's products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries. [2]
In 2021, AAK was named world's second top specialty oil company by the Chinese food media FoodTalks. [6]