Supriya Ghosh (Editor)

Investor AB

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Headquarters
  
Stockholm, Sweden

Founded
  
1916

Investor AB httpswwwinvestorabcommedia1549investorlog

Type
  
Publicly traded Aktiebolag

Traded as
  
Nasdaq Stockholm: INVE B

Industry
  
Industrial holding company

Key people
  
Jacob Wallenberg (Chairman) Börje Ekholm (President & CEO)

Products
  
Core, private equity, operating and financial investments

Operating income
  
SEK 47.54 billion (2013)

Stock price
  
INVE-B (STO) SEK 366.00 -1.60 (-0.44%)14 Mar, 5:29 PM GMT+1 - Disclaimer

Subsidiaries
  
SEB Group, Atlas Copco, Saab Group, EQT Partners

CEO
  
Johan Forssell (12 May 2015–), Borje E. Ekholm (2005–)

Investor AB is a Swedish investment company, founded in 1916 and still controlled by the Wallenberg family through their Foundation Asset Management company FAM. The company owns a controlling stake in several large Swedish companies with smaller positions in a number of other firms. At year-end 2013 it had a market value of 190.9 billion kronor (€21.4 billion, $29.4 billion), a discount to the Net Asset Value of 11.4%.

Contents

Quick facts

December 31, 2013 (in SEK m.)

  • Core holdings: 204,705
  • Financial investments: 32,256
  • Other assets: 1,560
  • Total assets: 238,521
  • Net Asset Value: 215,419
  • History

    In 1916, new legislation made it more difficult for banks to own stocks in industrial companies on a long-term basis. Investor was formed as an investment part of Stockholms Enskilda Bank, at the time the largest instrument of power in the Wallenberg family.

    Core investments

    Investor held shares in the following companies as of 31 December 2013:

    Listed companies

  • ABB - power and automation technology (8.4% stake, 8.4% voting rights)
  • Atlas Copco - industrial tooling and equipment (16.8% stake, 22.3% voting rights)
  • AstraZeneca - pharmaceuticals (4.1% stake, 4.1% voting rights)
  • Electrolux - consumer appliances (15.5% stake, 30.0% voting rights)
  • Ericsson - telecommunications (5.3% stake, 21.5% voting rights)
  • Husqvarna - outdoor power tools, chainsaws, lawnmowers and robotic mowers (15.7% stake, 30.8% voting rights)
  • NASDAQ - stock and securities exchange (11.5% stake, 11.5% voting rights)
  • Saab - aviation and military technology (30.0% stake, 39.5% voting rights)
  • Swedish Orphan Biovitrum - biopharmaceutical company (39.7% stake, 39.8% voting rights)
  • SEB - banking (20.8% stake, 20.8% voting rights)
  • Wärtsilä - marine and power engine development (16.8% stake, 16.8% voting rights)
  • Unlisted subsidiaries

  • Mölnlycke Health Care - medical devices (96.0% stake)
  • Permobil - power wheelchairs (94.0% stake)
  • Aleris - health care in Nordic region (100.0% stake)
  • Grand Hotel/Vectura - hotel and real estate (100.0% stake)
  • Primary financial investments

  • EQT Partners - private equity funds
  • Investor Growth Capital - venture capital in health care and technology in US and China
  • 3 Scandinavia - mobile and broadband networks in Scandinavia
  • References

    Investor AB Wikipedia