Investor AB is a Swedish

investment Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

and

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

, 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. 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.

History

Investor AB was established in

Stockholm Stockholm (; ) is the Capital city, capital and List of urban areas in Sweden by population, most populous city of Sweden, as well as the List of urban areas in the Nordic countries, largest urban area in the Nordic countries. Approximately ...

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. 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. His replacement was announced as Christian Cederholm who is the current CEO.

Investments

Listed companies

Investor AB owns significant holdings of the following companies. Ownership shares vary from 3%-35% as of 2022. * ABB - Provides electrification products, robotics and motion, industrial automation and power grids. *

AstraZeneca AstraZeneca plc () (AZ) is a British-Swedish multinational pharmaceutical and biotechnology company with its headquarters at the Cambridge Biomedical Campus in Cambridge, UK. It has a portfolio of products for major diseases in areas includi ...

- A

biopharmaceutical A biopharmaceutical, also known as a biological medical product, or biologic, is any pharmaceutical drug product manufactured in, extracted from, or semisynthesized from biological sources. Different from totally synthesized pharmaceuticals, t ...

company. * Atlas Copco - Provides compressors, vacuum and air treatment systems, construction equipment, power tools, and assembly systems. *

Electrolux Electrolux AB () is a Swedish Multinational corporation, multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool Corporation, Whi ...

- Provides household appliances for consumer use. * Electrolux Professional - food service, beverage and laundry for professional use, spun off from Electrolux AB in 2020. * Epiroc - mining, infrastructure and natural resources. *

Ericsson (), commonly known as Ericsson (), is a Swedish multinational networking and telecommunications company headquartered in Stockholm, Sweden. Ericsson has been a major contributor to the development of the telecommunications industry and is one ...

- Provides communications technology and services. * Husqvarna AB - Provides outdoor power products, consumer watering products, cutting equipment, and diamond tools. * Nasdaq, Inc. - Provides financial services and controls stock exchanges * Saab - Products for military defense and civil security. * SEB - A financial services group focusing mainly on the Nordic countries, Germany, and the Baltics. * Sobi - Biopharmaceutics * Wärtsilä - marine and power engine development.

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. * BraunAbility - automotive mobility products * Laborie - Develops, designs, and distributes innovative capital equipment for the

urology Urology (from Ancient Greek, Greek wikt:οὖρον, οὖρον ''ouron'' "urine" and ''wiktionary:-logia, -logia'' "study of"), also known as genitourinary surgery, is the branch of medicine that focuses on surgical and medical diseases of t ...

and

gastroenterology Gastroenterology (from the Greek gastḗr- "belly", -énteron "intestine", and -logía "study of") is the branch of medicine focused on the digestive system and its disorders. The digestive system consists of the gastrointestinal tract, sometime ...

sectors, with complementing and recurring high-volume sales of disposable

catheter In medicine, a catheter ( ) is a thin tubing (material), tube made from medical grade materials serving a broad range of functions. Catheters are medical devices that can be inserted in the body to treat diseases or perform a surgical procedure. ...

s * Mölnlycke Health Care - Designs, manufactures, and supplies single use products for managing wounds *Permobil - powered and manual wheelchairs, as well as cushions and accessories *Piab - A provider of gripping and moving for automated

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer ...

and

logistics Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the ...

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 In telecommunications, broadband or high speed is the wide-bandwidth (signal processing), bandwidth data transmission that exploits signals at a wide spread of frequencies or several different simultaneous frequencies, and is used in fast Inter ...

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 Capgemini SE is a French Multinational corporation, multinational information technology (IT) services and consulting company, headquartered in Paris, France. History Capgemini was founded by Serge Kampf in 1967 as an enterprise management and d ...

in 2010) * WM-data - IT services (sold in August 2006) *

Saab Automobile Saab Automobile AB () was a automotive industry, car manufacturer that was founded in Sweden in 1945 when its parent company, Saab AB, began a project to design a small automobile. The first production model, the Saab 92, was launched in 1949. ...

- acquired by

General Motors General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f ...

in 2000 *

Scania Scania ( ), also known by its native name of Skåne (), is the southernmost of the historical provinces of Sweden, provinces () of Sweden. Located in the south tip of the geographical region of Götaland, the province is roughly conterminous w ...

- divested its holding to Volkswagen Group in 2008 * Bredbandsbolaget - a broadband and telecoms provider. This was initially difficult but sold in 2005 to Telenor for a profit. * OMX - financial services company (sold in May 2007 to

Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

)

References

External links

Yahoo! - Investor AB company profile
{{OMX Nordic 40 Swedish companies established in 1916 Companies based in Stockholm Companies listed on Nasdaq Stockholm Companies in the OMX Stockholm 30 Companies in the OMX Nordic 40 Companies related to the Wallenberg family Financial services companies established in 1916 Investment companies of Sweden