Inter IKEA Holding explained

Inter IKEA Holding B.V.
Founded:1991
Key People:Jon Abrahamsson Ring (CEO)
Area Served:Worldwide
Founder:Ingvar Kamprad
Hq Location:Delft, Netherlands
Parent:Interogo Foundation
Type:Holding company

Inter IKEA Holding B.V. (also known as Inter IKEA Group) is a holding company registered in the Netherlands,[1] ultimately owned by Interogo Foundation. It owns the company Inter IKEA Systems and thereby controls the intellectual property of IKEA. It is also in charge of design, manufacturing and supply of IKEA products.[2] [3] [4] [5]

History

The company was incorporated in 1991 as Inter IKEA Holding S.A. in Luxembourg. Between 2011 and 2016, restructuring took place among corporate entities related to IKEA, and since 2016, Inter IKEA Holding has been based in the Netherlands.[6] [7] [8] [9] [10]

Inter IKEA Holding used to be controlled by Ingvar Kamprad, the founder of IKEA, and his family, through the advisory council of Interogo Foundation. However, in 2013, Kamprad renounced the right to appoint members to that council, and the current articles of the foundation require that Kamprad family members do not hold a majority of the seats.[11] [12]

Subsidiaries

Inter IKEA Systems

Inter IKEA Systems B.V. is a holding company fully owned by Inter IKEA Holding and thus Interogo Foundation. It is the company that legally owns all of the IKEA brand's intellectual property (logo, word, trademarks, etc.).[13]

Inter IKEA Systems is the IKEA franchisor. The company releases guides and manuals of various parts of the IKEA brand. The company releases news, training, program and various other types of manuals. It also does research about the market IKEA is in and releases reports and tools to IKEA retailers. The company was incorporated in 1983, and it is based in the Netherlands.[14]

IKEA of Sweden

IKEA of Sweden A.B. is responsible for designing, developing and making home furnishing products for IKEA. The company is based in Älmhult, Sweden. The company was founded in 1943.[15]

IKEA Supply

IKEA Supply A.G. is responsible for supplying IKEA products to IKEA franchises. It owns many distribution centers around the world. It is based in Switzerland.

IKEA Industry

IKEA Industry A.B. produces 10-12% of the IKEA range of products. The company mostly focuses on wooden furniture. It was founded in 1991 as Swedwood International AB. The company name was changed from Swedwood International AB to IKEA Industry A.B. in September 2013. The company has always been based in Sweden.[16]

IKEA Marketing and Communication

IKEA Marketing and Communication AB (formerly IKEA Communications AB[17]) creates and maintains IKEA communication for customers and other IKEA organizations. Its best known product is the IKEA Catalogue. Its other responsibilities include the IKEA website, apps, brochures, TV commercials, and assembly instructions. It is based in Sweden. It is a Promoter Member of the Khronos Group.[18]

IKEA Food Services

IKEA Food Services A.B. develops and produces the IKEA food and beverages products sold in IKEA stores. It is based in Sweden.

See also

Notes and References

  1. Web site: Inter IKEA Systems BV - Company Profile and News. .
  2. Web site: Our Business in brief. dead. https://web.archive.org/web/20200429230548/https://www.inter.ikea.com/en/about-us/business-in-brief/index.html. 29 April 2020. 2 January 2020. Inter IKEA Systems.
  3. News: Inter Ikea's Torbjorn Loof: making the vision clear. Richard. Milne. Financial Times. 3 February 2019. 3 January 2020.
  4. News: What will Ikea build next?. Richard. Milne. Financial Times. 1 February 2018. 2 January 2020.
  5. Web site: Inter IKEA Holding B.V.. D&B Hoovers. 2 January 2020.
  6. Web site: Company Overview of Inter IKEA Holding S.A.. https://web.archive.org/web/20180923235324/https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=22533745. www.bloomberg.com. 23 September 2018. 23 September 2018.
  7. News: Ikea's complicated tax-driven structure faces EU scrutiny. Richard. Milne. Rochelle. Toplensky. Financial Times. 18 December 2017. 2 January 2020.
  8. Web site: State aid: Commission opens in-depth investigation into the Netherlands' tax treatment of Inter IKEA. European Commission. 18 December 2017. 2 January 2020.
  9. Web site: New structure of Inter IKEA Group. 24 June 2016. Vastint Holding. 2 January 2020.
  10. Web site: Inter IKEA Group acquires IKEA range, supply and production activities from the INGKA Group. 1 September 2016. Inter IKEA Systems. 2 January 2020.
  11. News: Mathias Kamprad steps down as chairman of IKEA brand owner. Anna. Ringstrom. Susan. Thomas. Reuters. 18 October 2016. 3 January 2020.
  12. Web site: Advisory Council (Beirat). Interogo Foundation. 3 January 2020.
  13. Web site: Inter IKEA Systems B.V.. franchisor.ikea.com. en-US. 23 September 2018.
  14. Web site: Company Overview of Inter IKEA Systems B.V.. https://web.archive.org/web/20180924033510/https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=22001353. www.bloomberg.com. 24 September 2018. 23 September 2018.
  15. Web site: Company Overview of IKEA of Sweden AB. https://web.archive.org/web/20180928083029/https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=254522648. www.bloomberg.com. 28 September 2018. 23 September 2018.
  16. Web site: Company Overview of IKEA Industry AB. https://web.archive.org/web/20180928082926/https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=11292953. www.bloomberg.com. 28 September 2018. 23 December 2018.
  17. Compare the current (2021) name with the name in the 2020 Swedish: årsredovisning as found at e.g. https://www.hitta.se/f%C3%B6retagsinformation/ikea+communications+ab/5562752955
  18. Web site: Khronos Members - The Khronos Group Inc. Khronos Group. 2021-06-10.

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