Profit SEK 887 million (2014) Revenue 17.81 billion SEK (2014) Number of employees 2,439 | Website www.aak.com Founded 2005 | |
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Type Public (Nasdaq Stockholm: AAK) Industry Vegetable Oils and Fats Key people Melker Schörling (Chairman of the board),
Arne Frank (President and CEO) Operating income Stock price AAK (STO) SEK 598.00 +0.50 (+0.08%)27 Feb, 5:29 PM GMT+1 - Disclaimer Headquarters Malmö Municipality, Sweden | ||
AAK (publ.), operating as AAK, is a Swedish-Danish company and producer of high-value added vegetable oils and fats.
The company's products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries.
The company 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).
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 12,3 billion SEK, as of February 13, 2013. The group had a total turnover of 17,207 million SEK, made an operating profit of 151 million SEK (including effects of IAS 39 and non-recurring items), and employed approximately 2,623 employees globally during 2008.
Operation and production
The group has operations and subsidiaries in numerous countries on all continents with its main production units situated in: