Investor AB
Investor AB is a Swedish investment company, founded in 1916 and still controlled by the Wallenberg family. The company owns a controlling stake in several large Swedish companies. In 2001 it had a market value of 90 billion kronor (10 billion).
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Quick facts
December 31, 2004
- Listed holdings market value: SEK 88,907 million ($13 billion) (core + new from AR 2004, 87,645 + 1,262)
- Unlisted holdings value (valued how?): SEK 16,622 million ("new investments, unlisted" + "other" (presumably unlisted equity), 9,568 + 7,054)
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.
Companies controlled by Investor
- ABB – power and automation technology
- Atlas Copco – industrial tooling and equipment
- Astra Zeneca – pharmaceuticals
- Electrolux – consumer appliances
- Ericsson – telecommunications
- Gambro – medical technology
- Saab – aviation and military technology
- Scania – commercial vehicles
- SEB – banking
- WM-data – IT services
See also
Other investment companies
Former holdings
- Saab Automobile – acquired by General Motors
External links
Company websites
- Investor AB – Official website
Data
Categories: Companies of Sweden | Wallenberg Sphere