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Kinnevik AB

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In 2013, Kinnevik sold all its remaining shares in BillerudKorsnäs. Zalando and Rocket Internet, two Kinnevik-backed companies, made their Initial Public Offerings (IPOs) on the Frankfurt Stock Exchange in 2014. In October 2015, Avito was sold to the South African media conglomerate Naspers. In 2017,
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Between 2005 and 2010, there was a major shift in the shareholdings in which ownership in Millicom increased and forestry shares decreased. At this time, the foundation was laid for investments in a number of internet businesses, particularly e-commerce companies. This profile was strengthened after
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increased steadily during the late 1970s, while Kinnevik increased its position in Fagersta AB. A major holding in the insurance company Atlantica was acquired in 1978. Several auto companies were acquired in 1980 and were gathered under the name Svenska Motor AB. This included the import and sales
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In the early 1980s, Comvik AB launched a new mobile telephony system and, after a number of legal battles with state-owned Televerket, gained a favourable ruling by The Supreme Administrative Court. In 1985, a satellite system for television distribution was completed and during the late 1980s the
232:. The most important holdings when the company started were Mellersta Sveriges Lantbruks AB, Lidköpings Konfektyr Industri AB and Korsnäs Sågverks AB. The company grew quickly through share purchases and acquisitions of companies that included 269:
battle intensified with the state-owned monopolies in telecommunications, television and radio. TV3 sent its premier broadcast from London on New Year's Eve 1987. Comvik obtained authorisation to start a new mobile telephony network in 1989.
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The company's aggressive acquisition strategy of Swedish industrial companies continued during Kinnevik's first decades. The ownership structure of the investment company changed as Hugo Stenbeck gradually increased his holdings.
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Kinnevik holds stakes in over 35 companies and invests across Europe and in the US. Kinnevik has four focus sectors: healthcare (value-based and virtual care), software, marketplaces and climate tech. The largest holding is
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In 2018 Kinnevik expressed its support for the merger between Tele2 and Com Hem, later the same year Kinnevik also distributed its shares in MTG to its shareholders. In 2018 Kinnevik also increased its investment in
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In 2021 Kinnevik distributed its Zalando shareholding to shareholders to balance a larger share of its portfolio towards its "younger, disruptive and technology-enabled" growth and venture capital businesses.
306:. In March 2016, Cristina Stenbeck announced her intention to step down as Chairman of Kinnevik and was replaced at the 2016 AGM by Tom Boardman. Cristina Stenbeck remains a board director of Kinnevik. 985: 243:
Kinnevik became a listed company and obtained additional capital in a new share issue in 1954. The first shares in Sandvikens Järnverk were purchased a few years after entering the stock market.
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Hugo Stenbeck replaced Wilhelm Klingspor as chairman of Kinnevik in the early 1960s. Shortly thereafter, Hugo Stenbeck's oldest son, Hugo Stenbeck Jr, became managing director of the company.
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was incorporated as a subsidiary of Kinnevik, having previously been a business area (Kinnevik TV & Media). MTG was spun-off to shareholders in 1997 and listed in Stockholm and New York.
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The first Kinnevik-run radio broadcasts began in 1991. During the same year, Kinnevik became the largest owner in newly established TV4 with a 20 percent shareholding. The free newspaper
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Per 31 March 2023, Kinnevik's Net Asset Value amounted to SEK 55.5 billion. The largest holdings are (value corresponds to Kinnevik's ownership in SEK billions):
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Kinnevik is an active and long-term owner investing primarily in digital consumer businesses. Current CEO, Georgi Ganev, was appointed in 2018.
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was appointed CEO of Kinnevik in January 2018. James Anderson was appointed Chairman of Kinnevik at the Annual General Meeting 2021.
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Kinnevik was founded as an investment company in 1936 by Robert von Horn, Wilhelm Klingspor and
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Jan Hugo Stenbeck died on 19 August 2002 and was replaced by Edvard von Horn as chairman.
1034:"Kinnevik invests in Kolonial.no - the leading online grocery store in Norway | Kinnevik" 356:
In 2019 Kinnevik distributed its remaining shareholding in Millicom to its shareholders.
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was launched in 1995 and the concept later spread rapidly throughout the world.
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was founded in 1993 and listed on the Stockholm stock exchange in 1996.
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http://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE999
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http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE998
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In 2023, Kinnevik exited its remaining shareholding in Teladoc.
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became chairman in 2004 and was replaced three years later by
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Kinnevik sold its remaining shareholding in Rocket Internet.
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Hugo Stenbeck Jr died in 1976 and his younger brother,
639:(Press release). Z Story. 1 March 2013. Archived from 691:
Stenbeck - En biografi över en framgångsrik affärsman
866:"Kinnevik | Kinnevik: Final price in Zalando's IPO" 571:"Georgi Ganev appointed CEO of Kinnevik | Kinnevik" 175: 150: 139: 125: 107: 99: 72: 54: 44: 721:(Press release). Biztech Africa. 7 December 2014. 1258:Financial services companies established in 1936 788:(Press release). Affarsvarlden. 19 January 2001. 8: 733:"NetCom AB byter namn till Tele2 AB - Tele2" 345:and invested in Kolonial.no, Karma, BudBee, 30: 1117:"Kinnevik | First Quarter 2023 Highlights" 29: 236:Nordiska Suchard and Halmstads Järnverk. 826:(Press release). Fokus. 24 January 2014. 427: 373: 684: 682: 666: 664: 662: 660: 658: 526: 475:Wilhelm, Marie & Amelie Klingspor 1213:"Kinnevik | Our largest shareholders" 1189:"Kinnevik | Our largest shareholders" 200: 7: 1268:Companies listed on Nasdaq Stockholm 609:"Interim Report First Quarter 2023" 209:, Klingspor and von Horn families. 841:"Kinnevik säljer Billerud Korsnäs" 25: 1273:Companies in the OMX Stockholm 30 1165:"Kinnevik | Ownership Structure" 36: 349:, Deposit Solutions, Cedar and 310:2010 with major investments in 273:was formed the following year. 271:Millicom International Cellular 1248:Investment companies of Sweden 786:"Netcom byter namn till Tele2" 1: 1263:1936 establishments in Sweden 559:(Press release). Riksarkivet. 1243:Companies based in Stockholm 1141:"Net Asset Value | Kinnevik" 1069:"Our Investments | Kinnevik" 739:(in Swedish). Archived from 595:"Kinnevik Website: About Us" 707:(Press release). Comviq.se. 113:; 88 years ago 1289: 673:Tre familjer – En historia 425:Per 5 May 2023, by votes. 27:Swedish investment company 675:. Brombergs Bokförlag AB. 486:Baillie Gifford & Co 35: 671:Carlsson, Bengt (2011). 508:AMF Pension & Funds 380:Value in billions (SEK) 689:Andersson, Per (2012). 234:chocolate manufacturers 693:. Modernista Group AB. 464:CMS Sapere Aude Trust 202:[ˈɕɪ̂nːɛˌviːk] 198:Swedish pronunciation: 18:Investment AB Kinnevik 839:, SvD Näringsliv |. 705:"Comviq: Background" 367:Significant holdings 320:Global Fashion Group 300:Pehr G. Gyllenhammar 256:The shareholding in 762:"The Share - Tele2" 434:Percent of capital 279:Metro International 32: 453:Alces Maximus LLC 824:"Djärvare än Jan" 557:"E Hugo Stenbeck" 518: 517: 442:Verdere S.À.R.L. 437:Percent of votes 418: 417: 304:Cristina Stenbeck 251:Jan Hugo Stenbeck 191: 190: 133:Wilhelm Klingspor 16:(Redirected from 1280: 1227: 1226: 1224: 1223: 1217:www.kinnevik.com 1209: 1203: 1202: 1200: 1199: 1193:www.kinnevik.com 1185: 1179: 1178: 1176: 1175: 1169:www.kinnevik.com 1161: 1155: 1154: 1152: 1151: 1145:www.kinnevik.com 1137: 1131: 1130: 1128: 1127: 1121:www.kinnevik.com 1113: 1107: 1106: 1104: 1103: 1097:www.kinnevik.com 1089: 1083: 1082: 1080: 1079: 1073:www.kinnevik.com 1065: 1048: 1047: 1045: 1044: 1038:www.kinnevik.com 1030: 1024: 1023: 1021: 1020: 1014:www.kinnevik.com 1006: 1000: 999: 997: 996: 990:www.kinnevik.com 982: 976: 975: 973: 972: 966:www.kinnevik.com 958: 952: 951: 949: 948: 942:www.kinnevik.com 934: 928: 927: 925: 924: 918:www.kinnevik.com 910: 904: 903: 901: 900: 894:www.kinnevik.com 886: 880: 879: 877: 876: 870:www.kinnevik.com 862: 856: 855: 853: 852: 834: 828: 827: 820: 814: 813: 811: 810: 804:www.kinnevik.com 796: 790: 789: 782: 776: 775: 773: 772: 758: 752: 751: 749: 748: 729: 723: 722: 715: 709: 708: 701: 695: 694: 686: 677: 676: 668: 653: 652: 650: 648: 633: 627: 626: 624: 622: 616:www.kinnevik.com 613: 605: 599: 598: 591: 585: 584: 582: 581: 575:www.kinnevik.com 567: 561: 560: 553: 547: 542: 536: 531: 428: 374: 322:, among others. 204: 199: 187: 184: 182: 121: 119: 114: 92: 85: 63:Nasdaq Stockholm 40: 33: 21: 1288: 1287: 1283: 1282: 1281: 1279: 1278: 1277: 1253:Stenbeck family 1233: 1232: 1231: 1230: 1221: 1219: 1211: 1210: 1206: 1197: 1195: 1187: 1186: 1182: 1173: 1171: 1163: 1162: 1158: 1149: 1147: 1139: 1138: 1134: 1125: 1123: 1115: 1114: 1110: 1101: 1099: 1091: 1090: 1086: 1077: 1075: 1067: 1066: 1051: 1042: 1040: 1032: 1031: 1027: 1018: 1016: 1008: 1007: 1003: 994: 992: 984: 983: 979: 970: 968: 960: 959: 955: 946: 944: 936: 935: 931: 922: 920: 912: 911: 907: 898: 896: 888: 887: 883: 874: 872: 864: 863: 859: 850: 848: 836: 835: 831: 822: 821: 817: 808: 806: 798: 797: 793: 784: 783: 779: 770: 768: 760: 759: 755: 746: 744: 731: 730: 726: 717: 716: 712: 703: 702: 698: 688: 687: 680: 670: 669: 656: 646: 644: 643:on 2 April 2015 635: 634: 630: 620: 618: 611: 607: 606: 602: 593: 592: 588: 579: 577: 569: 568: 564: 555: 554: 550: 543: 539: 532: 528: 523: 423: 369: 332: 312:Rocket Internet 226: 197: 179: 167: 166:Samuel Sjöström 165: 159: 157: 153: 135:Robert von Horn 134: 132: 117: 115: 112: 95: 88: 81: 59: 28: 23: 22: 15: 12: 11: 5: 1286: 1284: 1276: 1275: 1270: 1265: 1260: 1255: 1250: 1245: 1235: 1234: 1229: 1228: 1204: 1180: 1156: 1132: 1108: 1084: 1049: 1025: 1001: 977: 953: 929: 905: 881: 857: 829: 815: 791: 777: 753: 724: 710: 696: 678: 654: 628: 600: 586: 562: 548: 537: 525: 524: 522: 519: 516: 515: 512: 509: 505: 504: 501: 498: 497:Spiltan Funds 494: 493: 490: 487: 483: 482: 479: 476: 472: 471: 468: 465: 461: 460: 457: 454: 450: 449: 446: 443: 439: 438: 435: 432: 422: 419: 416: 415: 412: 408: 407: 404: 400: 399: 396: 392: 391: 388: 382: 381: 378: 368: 365: 331: 330:Kinnevik today 328: 225: 222: 189: 188: 177: 173: 172: 160:Georgi Ganev ( 156:James Anderson 154: 151: 148: 147: 141: 137: 136: 127: 123: 122: 109: 105: 104: 101: 97: 96: 94: 93: 86: 78: 76: 70: 69: 60: 55: 52: 51: 46: 42: 41: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1285: 1274: 1271: 1269: 1266: 1264: 1261: 1259: 1256: 1254: 1251: 1249: 1246: 1244: 1241: 1240: 1238: 1218: 1214: 1208: 1205: 1194: 1190: 1184: 1181: 1170: 1166: 1160: 1157: 1146: 1142: 1136: 1133: 1122: 1118: 1112: 1109: 1098: 1094: 1088: 1085: 1074: 1070: 1064: 1062: 1060: 1058: 1056: 1054: 1050: 1039: 1035: 1029: 1026: 1015: 1011: 1005: 1002: 991: 987: 981: 978: 967: 963: 957: 954: 943: 939: 933: 930: 919: 915: 909: 906: 895: 891: 885: 882: 871: 867: 861: 858: 846: 842: 838: 833: 830: 825: 819: 816: 805: 801: 795: 792: 787: 781: 778: 767: 763: 757: 754: 743:on 2017-12-01 742: 738: 737:www.tele2.com 734: 728: 725: 720: 714: 711: 706: 700: 697: 692: 685: 683: 679: 674: 667: 665: 663: 661: 659: 655: 642: 638: 637:"Entreprenör" 632: 629: 617: 610: 604: 601: 596: 590: 587: 576: 572: 566: 563: 558: 552: 549: 546: 541: 538: 535: 530: 527: 520: 513: 510: 507: 506: 502: 499: 496: 495: 491: 488: 485: 484: 480: 477: 474: 473: 469: 466: 463: 462: 458: 455: 452: 451: 447: 444: 441: 440: 436: 433: 430: 429: 426: 420: 413: 410: 409: 405: 402: 401: 397: 394: 393: 389: 387: 384: 383: 379: 376: 375: 372: 366: 364: 361: 357: 354: 352: 348: 344: 338: 336: 329: 327: 323: 321: 317: 313: 307: 305: 301: 296: 294: 289: 287: 283: 281: 280: 274: 272: 266: 264: 259: 254: 252: 247: 244: 241: 237: 235: 231: 230:Hugo Stenbeck 223: 221: 219: 213: 210: 208: 203: 195: 186: 178: 174: 170: 163: 155: 149: 145: 142: 138: 131: 130:Hugo Stenbeck 128: 124: 110: 106: 102: 98: 91: 87: 84: 80: 79: 77: 75: 71: 68: 64: 61: 58: 53: 50: 47: 43: 39: 34: 19: 1220:. 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Retrieved 574: 565: 551: 540: 529: 424: 421:Shareholders 370: 362: 358: 355: 339: 335:Georgi Ganev 333: 324: 318:, Avito and 308: 297: 290: 284: 277: 275: 267: 255: 248: 245: 242: 238: 227: 214: 211: 193: 192: 140:Headquarters 90:SE0014684528 83:SE0014684510 45:Company type 194:Kinnevik AB 31:Kinnevik AB 1237:Categories 1222:2019-05-05 1198:2019-05-05 1174:2019-05-05 1150:2019-11-06 1126:2023-05-05 1102:2023-05-05 1078:2018-09-07 1043:2018-09-07 1019:2018-09-07 995:2018-09-07 971:2018-09-07 947:2018-01-02 923:2017-11-29 899:2017-11-29 875:2017-11-29 851:2017-11-29 809:2017-11-29 771:2017-11-29 747:2017-11-29 580:2018-09-07 521:References 411:Cityblock 395:VillageMD 265:vehicles. 258:Sandvik AB 158:(Chairman) 152:Key people 103:Investment 49:Aktiebolag 291:In 1995, 183:.kinnevik 144:Stockholm 57:Traded as 647:26 March 431:Company 377:Company 207:Stenbeck 146:, Sweden 126:Founders 100:Industry 343:Livongo 316:Zalando 224:History 176:Website 116: ( 108:Founded 65::  845:SvD.se 489:11.42 459:11.57 351:Monese 263:Toyota 67:KINV B 766:Tele2 621:5 May 612:(PDF) 514:5.04 511:2.42 503:3.11 500:6.49 492:5.48 481:6.13 478:1.64 470:6.64 467:1.39 456:2.42 448:19.1 445:4.07 403:Pleo 386:Tele2 286:Tele2 218:Tele2 649:2015 623:2023 347:Pleo 185:.com 118:1936 111:1936 74:ISIN 390:14 293:MTG 261:of 181:www 169:CFO 162:CEO 1239:: 1215:. 1191:. 1167:. 1143:. 1119:. 1095:. 1071:. 1052:^ 1036:. 1012:. 988:. 964:. 940:. 916:. 892:. 868:. 843:. 802:. 764:. 735:. 681:^ 657:^ 614:. 573:. 414:3 406:3 398:5 353:. 314:, 220:. 1225:. 1201:. 1177:. 1153:. 1129:. 1105:. 1081:. 1046:. 1022:. 998:. 974:. 950:. 926:. 902:. 878:. 854:. 812:. 774:. 750:. 651:. 625:. 597:. 583:. 196:( 171:) 164:) 120:) 20:)

Index

Investment AB Kinnevik

Aktiebolag
Traded as
Nasdaq Stockholm
KINV B
ISIN
SE0014684510
SE0014684528
Hugo Stenbeck
Stockholm
CEO
CFO
www.kinnevik.com
[ˈɕɪ̂nːɛˌviːk]
Stenbeck
Tele2
Hugo Stenbeck
chocolate manufacturers
Jan Hugo Stenbeck
Sandvik AB
Toyota
Millicom International Cellular
Metro International
Tele2
MTG
Pehr G. Gyllenhammar
Cristina Stenbeck
Rocket Internet
Zalando

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