Investor AB

Investor AB

Type	Publicly traded Aktiebolag
Traded as	Nasdaq Stockholm: INVE B
Industry	Industrial holding company
Founded	1916 (1916)
Headquarters	Stockholm, Sweden
Key people	Jacob Wallenberg (Chairman), Börje Ekholm (President and CEO)
Products	Core, private equity, operating and financial investments
Operating income	SEK 47.54 billion (2013)^[1]
Profit	SEK 45.12 billion (2013)^[1]
Total assets	SEK 238.521 billion (end 2013)^[1]
Total equity	SEK 215.417 billion (end 2013)^[1]
Owner	Wallenberg family (23.3%)
Number of employees	85 (Investor AB only, end 2013)^[1]
Subsidiaries	List Grand Hotel Stockholm Investor Growth Capital EQT Partners ABB Group (8.4%) Atlas Copco (16.8%) AstraZeneca (4.1%) Electrolux(15.5%) Ericsson(5.3%) Husqvarna AB(15.7%) Saab Group(30.0%) SEB(20.8%) 3 Scandinavia Aleris Mölnlycke Health Care Novare Lindorff Swedish Orphan Biovitrum(39.7%)
Website	www.investorab.com

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%.

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.

Investments

Core investments

^[2] Investor held shares in the following companies as of 31 December 2013:^[2]
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)^[2]

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

1 2 3 4 5 "Annual Report 2013" (PDF). Investor AB. Retrieved 5 April 2015.
1 2 3 "Investor AB Core Investments". Investor AB. Retrieved 2 March 2015.
↑ "Investor AB – press release". Cision Wire. Retrieved 2006-08-21.
↑ "Investor AB - press release". Cision Wire. Retrieved 2005-05-23.

External links

OMX Stockholm 30 companies of Sweden

ABB Alfa Laval Assa Abloy AstraZeneca Atlas Copco Boliden Electrolux Ericsson Getinge Hennes & Mauritz Investor AB Kinnevik Lundin Petroleum Modern Times Group Nokia Nordea Sandvik SCA SEB Securitas Skanska SKF SSAB Svenska Handelsbanken Swedbank Swedish Match Tele2 TeliaSonera Volvo

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