Investor AB explained

Investor AB
Type:	Publicly traded Aktiebolag
Location City:	Stockholm
Location Country:	Sweden
Industry:	Industrial holding company
Products:	Core, private equity, operating and financial investments
Owner:	Wallenberg family (23.3% equity, 50.0% voting)
Operating Income:	(2021)^[1]
Net Income:	(2021)
Assets:	(2021)
Equity:	(2021)
Num Employees:	73 (Investor AB only, 2021)

Investor AB is a Swedish investment and holding company, 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.^[2]

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.^[3]

History

Investor AB was established in Stockholm 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.^[4]

Investments

Listed companies

Investor AB owns significant holdings of the following companies. Ownership shares vary from 3%-35% as of 2022.^[5]

• ABB - Provides electrification products, robotics and motion, industrial automation and power grids.
• AstraZeneca - A biopharmaceutical company.
• Atlas Copco - Provides compressors, vacuum and air treatment systems, construction equipment, power tools, and assembly systems.
• Electrolux - 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 - 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.^[6]

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 and gastroenterology sectors, with complementing and recurring high-volume sales of disposable catheters
• 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 and logistics 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 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 with the mission to generate attractive returns and future-proof companies. 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 in 2010)
• WM-data - IT services (sold in August 2006)^[7]
• Saab Automobile - acquired by General Motors in 2000^[8]
• Scania - divested its holding to Volkswagen Group in 2008^[9]
• Bredbandsbolaget - a broadband and telecoms provider. This was initially difficult but sold in 2005 to Telenor for a profit.^[10]
• OMX - financial services company (sold in May 2007 to Nasdaq)

External links

• Yahoo! - Investor AB company profile

Notes and References

1. Web site: Annual Report 2021 . 27 April 2022 . Investor AB.
2. Web site: Our Companies . 2023-10-28 . Investor AB . en.
3. Web site: Largest Swedish companies by market capitalization . 2023-10-28 . companiesmarketcap.com . en-us.
4. Web site: Investor . 2023-10-29 . Investor AB . en.
5. Web site: Investor ABB . Year End Report 2022 . 18 July 2023.
6. Web site: Annual Report 2019. January 27, 2021.
7. Web site: Investor AB – press release. Cision Wire. 2006-08-21. dead. https://archive.today/20120722074500/http://www.cisionwire.com/investor/investor-accepts-logicacmg-s-offer-for-wm-data. 2012-07-22.
8. https://web.archive.org/web/20230612180720/http://ir.investorab.com/files/press/investor/investor-press-2000-01-10-145000-en.pdf Press release
9. Web site: VW increases holding. https://web.archive.org/web/20080305190717/http://www.scania.com/ir/vw_increases_holding.asp. 2008-03-05. dead.
10. Web site: Investor AB - press release. Cision Wire. 2005-05-23. dead. https://archive.today/20130119042435/http://www.cisionwire.com/investor/access-industries--the-carlyle-group-and-investor-ab-to-sell-bredbandsbolaget-to-telenor. 2013-01-19.