Investor since 2015

2015

Johan Forssell was appointed President and CEO. Investor introduced a new portfolio structure consisting of Listed Core Investments, EQT and Patricia Industries. Patricia Industries made its first U.S. investment through the acquisition of BraunAbility. Investor acquired additional shares in ABB, strengthening our ownership to 10 percent. Investor committed SEK 3.2 bn. to EQT VII, EQT’s largest fund to date. Investor intensified its focus on sustainability.

Johan Forssell, President and CEO, Investor 

2016

Laborie is acquired and becomes a wholly-owned subsidiary. Laborie designs and commercializes
innovative diagnostic and therapeutic capital equipment and disposable products for the urology, gastroenterology, and labor & delivery markets. Investor celebrates 100 years of being an engaged, long-term and responsible owner of high-quality companies.

2017

Investor makes additional investments in Ericsson and several of the listed companies make strategic acquisitions. Patricia Industries receives SEK 6bn in distribution from its companies, mainly from Mölnlycke. Investor starts to provide estimated market values for the subsidiaries and partner-owned investments within Patricia Industries.

2018

Many of Investor's companies and Investor itself take significant steps for long-term value creation. Epiroc becomes Investor's 12th listed company following its spin-off from Atlas Copco. ABB announces the divestiture of Power Grids. Investor makes additional investments in Ericsson, Electrolux and Saab, and Patricia Industries acquires two new subsidiaries: Piab (Sweden) and Sarnova (U.S.). MSCI upgrades Investor's ESG rating to A (BBB).

2019

Investor invests in ABB and Electrolux announces its intention to spin off Professional as a separate company. Patricia Industries' major subsidiaries report good sales and profit growth. Aleris is divested. EQT is successfully listed on Nasdaq Stockholm, with Investor remaining as the lead owner. As part of its stepped-up efforts within sustainability, and in order to further future-proof its companies, Investor identifies three focus areas: Business Ethics & Governance, Climate & Resource Efficiency and Diversity & Inclusion, and sets long-term sustainability targets for its companies and itself.

2020

was dominated by the covid-19 pandemic. Our companies were quick to adapt by taking action to safeguard employees, support customers, lower costs and secure liquidity. Within Listed Companies, we invested SEK 3.4bn in ABB, Ericsson and Electrolux Professional, which became our 13th listed company. Patricia Industries acquired Advanced Instruments, the global leader in osmolality testing. We continued to drive our sustainability agenda, launching focus areas and targets to further future-proof our companies.

 

2021

continued to be dominated by the covid-19 pandemic. In mid-April, Patricia Industries divested Grand Group and the Grand Hôtel property, as the hotel segment does not fit with our investment priorities. Investor sharpened its climate targets further and joined the UNFCCC’s Race to Zero campaign ahead of COP26 through the Exponential Roadmap Initiative. During the fall, Atlas Antibodies, previously part of Financial Investments, was presented as a major subsidiary. Atlas Antibodies is a global developer of advanced reagents for biomedical research.

2022

was a challenging year for the global economy, with sharply rising inflation, interest rates and energy prices, continued disruptions in supply chains and the lingering pandemic. Above all, the year will be remembered for the unprovoked Russian invasion of Ukraine. Against this background, Investor and our companies showed strong resilience. Activities within our companies remained high. ABB spun off Accelleron, several of the Patricia Industries subsidiaries, including Advanced Instruments, BraunAbility, Permobil and Piab, completed add-on acquisitions, and EQT AB merged with Baring Private Equity Asia. Our efforts within sustainability continued. During the year, Investor AB became the most widely owned share on Nasdaq Stockholm.

2023

was a strong year for Investor, despite a challenging environment. Our net asset value and total shareholder return outperformed the Swedish stock market and exceeded our return requirement. Within Listed Companies, we participated in Sobi's rights issue to finance its acquisition of CTI Biopharma and we divested our stake in Accelleron, which was previously spun out from ABB. Many of our companies advanced their market positions further through organic initiatives and strategic acquisitions. Our subsidiaries within Patricia Industries progressed well in general, with good sales growth and profitability. Several important add-on acquisitions were made, with Laborie's acquisition of Urotronic and its Optilume(TM) BPH product being one of the highlights. Investments in EQT performed well, driven by the strong total return of EQT AB. Regarding sustainability, our companies advanced towards the target of a 70 percent reduction of GHG emissions by 2030 compared to the base year 2016.

In October, Investor announced that CEO Johan Forssell will resign in conjunction with the Annual General Meeting in May 2024. Christian Cederholm, Head of Patricia Industries, was appointed new CEO.