Investor AB is a Swedishinvestment and holding company, often considered a de factoconglomerate. 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.[2]
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.[3]
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.[4] 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.[5] His replacement was announced as Christian Cederholm who is the current CEO.[6]
Investments
Listed companies
Investor AB owns significant holdings of the following companies. Ownership shares vary from 3%-35% as of 2022.[7]
ABB - Provides electrification products, robotics and motion, industrial automation and power grids.
Wärtsilä - marine and power engine development.[8]
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.
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
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)
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