Listed Companies
Significant minority owner in listed companies
Our listed companies are Nordic-rooted with global operations, strong market positions, and proven track records in engineering, healthcare, financial services, and technology. We hold significant minority stakes, often as the largest shareholder, enabling engaged ownership and influence on key strategic decisions through board representation.
To stay competitive in today’s fast-changing environment, our companies must continue to future-proof themselves by investing in innovation, digitalization and sustainability, focusing on secular trends to drive long-term profitable growth. Developing and launching energy efficient, environmentally friendly solutions, with focus on total cost of ownership for the customers, is prioritized. It is also important that our companies continue to reduce their operational climate footprint. At the same time, they must never lose focus on efficiency in order to perform successfully, regardless of market environment.
Regarding capital allocation, we continue to prioritize investments in selected portfolio companies when we find it attractive from a valuation perspective and when we are not restricted.
- Number of companies13
- Total adjusted value, SEK bn798
- Share of total adjusted assets1)72%
- Total return22%
For the full year 2025. 1) Including estimated market values of the major subsidiaries and partner-owned investments within Patricia Industries.
Patricia Industries
Wholly-owned subsidiaries, partner-owned companies, and financial investments
Patricia Industries builds private companies in the Nordics and North America within healthcare, industrial technology, and real estate/infrastructure. With offices in Stockholm and New York, a clear mandate, and its own board, Patricia Industries takes a long-term approach, aiming for over 90 percent ownership in its companies, alongside management and boards to ensure full alignment.
Our top priority is to support profitable growth in our existing companies. With a challenging macro environment, many companies are focused on ensuring efficiency in operations, while growing. This creates room to reinvest for the future, both in organic and non-organic initiatives. Increased digitalization, automation and sustainability, are all examples of future-proofing efforts that the companies are engaged in. In particular, we believe there are opportunities for both additional growth and efficiency improvement from leveraging new technology, including software.
While focusing on our existing companies, we are also open to add new subsidiaries, provided we find attractive opportunities in prioritized industry segments.
- Number of companies10
- Total adjusted value, SEK bn208
- Share of total adjusted assets1)19%
- Total return-9%
For the full year 2025. 1) Including estimated market values of the major subsidiaries and partner-owned investments within Patricia Industries.
Investments in EQT
Ownership in EQT AB and investments in EQT funds
Investor was one of the founders of EQT in 1994. Today, our business area Investments in EQT consists of our ownership in EQT AB and our investments in EQT funds.
Key for EQT is to continue to generate attractive returns for fund investors and to continue to develop its successful business model, built on industrial value creation.
Our investments in EQT’s funds have been successful over time. Net cash flow to Investor is lumpy by nature and depends on whether the funds are in an investment or exit phase. We expect continued strong net cash flow over time, and we will continue to selectively invest in future funds.
- Total adjusted value, SEK bn104
- Share of total adjusted assets1)9%
- Total return15%
For the full year 2025. 1) Including estimated market values of the major subsidiaries and partner-owned investments within Patricia Industries.
Discover more
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Learn moreStrategy and business model
Learn more about our ownership philosophy, our strategic pillars and how we create long-term value.
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Learn moreOur Companies
We create value for people and society by building strong and sustainable companies.
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DownloadAnnual Report 2025
Read more about our targets and progress in our Annual Report.
