Investor AB

Last updated
Investor AB
Company type Publicly traded Aktiebolag
ISIN SE0000107419  OOjs UI icon edit-ltr-progressive.svg
IndustryIndustrial holding company
Founded1916;109 years ago (1916)
Headquarters,
Key people
ProductsCore, private equity, operating and financial investments
Increase2.svg 231.67 billion kr (2021) [1]
Increase2.svg 227.97 billion kr (2021) [1]
Total assets Increase2.svg 795.54 billion kr (2021) [1]
Total equity Increase2.svg 682.61 billion kr (2021) [1]
Owner Wallenberg family (23.3% equity, 50.0% voting)
Number of employees
73 (Investor AB only, 2021) [1]
Website www.investorab.com OOjs UI icon edit-ltr-progressive.svg

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. [2]

Contents

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]

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.

Investments in EQT

Investments in EQT AB and EQT Funds.

Some former holdings

References

  1. 1 2 3 4 5 "Annual Report 2021" (PDF). Investor AB. Retrieved 27 April 2022.
  2. "Our Companies". Investor AB. Archived from the original on 2023-10-28. Retrieved 2023-10-28.
  3. "Largest Swedish companies by market capitalization". companiesmarketcap.com. Retrieved 2023-10-28.
  4. "Investor". Investor AB. Retrieved 2023-10-29.
  5. Jonsson, Camilla (2023-10-20). "Johan Forssell lämnar Investor". Realtid (in Swedish). Retrieved 2025-04-08.
  6. "Christian Cederholm new President and CEO of Investor in May 2024". News Powered by Cision. 2023-12-04. Retrieved 2025-04-08.
  7. Investor ABB. "Year End Report 2022" . Retrieved 18 July 2023.
  8. "Annual Report 2019" (PDF). Retrieved January 27, 2021.
  9. "Investor AB – press release". Cision Wire. Archived from the original on 2012-07-22. Retrieved 2006-08-21.
  10. Press release Investor AB 10 January 2000
  11. "VW increases holding". Archived from the original on 2008-03-05.
  12. "Investor AB - press release". Cision Wire. Archived from the original on 2013-01-19. Retrieved 2005-05-23.