Ikano

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Ikano Group is a privately held international group of companies with the parent company Ikano S.A. based in Luxembourg. It was originally a part of IKEA, which was founded by Ingvar Kamprad, then became independent in 1988, and has since been owned by the Kamprad family. [1]

Contents

Operations

Ikano has operations in 16 countries in Europe, Southeast Asia and North America. [2] Ikano performs business within the following areas:

Subsidiaries include for example Ikano Bank AB, [4] Ikano Bostad AB (Real Estate). Its financial services include mortgage loans, consumer loans, and loyalty cards for retailers and the residential operations consist of rental and tenant owned apartments in various locations in Sweden. [5]

Ikano owns the IKEA franchise rights for Malaysia, Philippines, Singapore, Mexico and Thailand, and operates IKEA stores in these markets. [6]

History

In 2015, Lars Thorsén succeeded Arja Taaveniku as CEO of Ikano Group. [7]

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References

  1. "Ikano Group". www.ikanogroup.com. Archived from the original on 2016-02-05. Retrieved 2016-02-01.
  2. "What we do". Ikano Group. Retrieved 2021-04-09.
  3. "Businesses". Ikano Group. Retrieved 2021-04-09.
  4. "Om Ikano Bank". Archived from the original on 2016-02-06. Retrieved 2016-02-01.
  5. "Facts & Figures 2014 | Ikano Group" (PDF). Archived from the original (PDF) on 2016-02-05. Retrieved 2016-02-01.
  6. "Businesses". Ikano Group. Retrieved 2021-04-09.
  7. "Press release | Ikano Group" (PDF). Archived from the original (PDF) on 2016-02-05. Retrieved 2016-02-01.