Investor AB Guide, Meaning , Facts, Information and Description

Investor, is a Swedish investment company, founded in 1916 and still controlled by the Wallenberg family. The company owns a controlling stake in several of the largest Swedish companies. In 2001 it had a market value of 90 Billion SEK, or approximately 10 Billion Euro. The companies controlled by Investor are sometimes referred to as being part of the Wallenberg Sphere

Table of contents

1 History 2 Companies controlled by Investor 3 See also 4 External links

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

• Saab Automobile - acquired by General Motors

External links

• Investor - Official site

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