| AAK AB | |
| Type: | Public |
| Location: | Malmö, Sweden |
| Industry: | Vegetable Oils and Fats |
| Revenue: | SEK 35,452 million (2021) |
| Operating Income: | SEK 2,393 million (2020) |
| Num Employees: | 4,013 (2021) |
| Website: | www.aak.com |
| Footnotes: | [1] |
AAK AB, formerly AarhusKarlshamn, is a global Sweden-based company and producer of vegetable oils and fats.[2]
The company, formerly known as AarhusKarlshamn, 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).[3]
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 50,2 billion SEK,[4] as of April 30, 2021. As of December 31, 2021, the group had a total turnover of 35,452 million SEK, an operating profit of 2,393 million SEK, and 4,013 employees globally.[5]
The group has production facilities in numerous countries with its main production units situated in:
Aarhus, Denmark
Karlshamn, Sweden
Montevideo, Uruguay
Morelia, Mexico
Newark (NJ), United States
Merksem, BelgiumThe company's products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries.
In 2021, AAK was named world's second top specialty oil company by the Chinese food media FoodTalks.[6]