38:
325:
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,
309:
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
260:
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
268:
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.
1092:
239:
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.
961:
215:
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
340:
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
359:
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.
246:
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.
295:
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.
1257:
276:
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
889:
799:
1033:
913:
1009:
732:
371:
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):
73:
1267:
608:
1272:
1093:"Kinnevik | Kinnevik intends to propose a distribution of its Zalando shareholding to its shareholders, accelerating Kinnevik's strategic transformation"
1247:
636:
212:
Kinnevik is an active and long-term owner investing primarily in digital consumer businesses. Current CEO, Georgi Ganev, was appointed in 2018.
1262:
570:
1242:
962:"Kinnevik supports the proposed merger between Tele2 and Com Hem and will become the largest owner in the combined company | Kinnevik"
937:
337:
was appointed CEO of Kinnevik in January 2018. James Anderson was appointed Chairman of Kinnevik at the Annual General Meeting 2021.
865:
718:
740:
1252:
986:"Kinnevik's Board of Directors proposes to distribute Kinnevik's shares in MTG to its shareholders | Kinnevik"
233:
168:
161:
1116:
640:
346:
319:
299:
66:
890:"Kinnevik | Kinnevik sells its entire interest in Avito for a cash consideration of USD 846 million"
544:
533:
1164:
800:"Kinnevik | Kinnevik: Nomination Committee Proposal for Board of Directors and Chairman Succession"
278:
292:
228:
Kinnevik was founded as an investment company in 1936 by Robert von Horn, Wilhelm Klingspor and
303:
1212:
1188:
785:
201:
914:"Kinnevik | Kinnevik: Results of the accelerated bookbuild of shares in Rocket Internet SE"
556:
311:
298:
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.
342:
840:
17:
1236:
1140:
229:
129:
62:
56:
250:
334:
89:
82:
837:
282:
was launched in 1995 and the concept later spread rapidly throughout the world.
1010:"Kinnevik invests USD 41 million in Livongo and increases ownership | Kinnevik"
823:
48:
938:"Kinnevik - We build digital brands | Georgi Ganev appointed CEO of Kinnevik"
761:
143:
1068:
37:
270:
206:
288:
was founded in 1993 and listed on the Stockholm stock exchange in 1996.
315:
257:
350:
262:
594:
253:, joined Kinnevik's management team. Hugo Stenbeck Sr died in 1977.
385:
285:
217:
205:) is a Swedish investment company that was founded in 1936 by the
1063:
1061:
1059:
1057:
1055:
1053:
704:
545:
http://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE999
534:
http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE998
363:
In 2023, Kinnevik exited its remaining shareholding in Teladoc.
302:
became chairman in 2004 and was replaced three years later by
326:
Kinnevik sold its remaining shareholding in Rocket Internet.
180:
719:"Millicom International looks to invest in Ivory Coast"
249:
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
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1203:
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1200:
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1193:www.kinnevik.com
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1169:www.kinnevik.com
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1145:www.kinnevik.com
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1128:
1127:
1121:www.kinnevik.com
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1103:
1097:www.kinnevik.com
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1073:www.kinnevik.com
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1038:www.kinnevik.com
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1023:
1021:
1020:
1014:www.kinnevik.com
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1000:
999:
997:
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990:www.kinnevik.com
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976:
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951:
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942:www.kinnevik.com
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918:www.kinnevik.com
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904:
903:
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894:www.kinnevik.com
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870:www.kinnevik.com
862:
856:
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853:
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834:
828:
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820:
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813:
811:
810:
804:www.kinnevik.com
796:
790:
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782:
776:
775:
773:
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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
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584:
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575:www.kinnevik.com
567:
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536:
531:
428:
374:
322:, among others.
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187:
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121:
119:
114:
92:
85:
63:Nasdaq Stockholm
40:
33:
21:
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1278:
1277:
1253:Stenbeck family
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643:on 2 April 2015
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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:
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1229:
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1204:
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1132:
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1084:
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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:
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512:
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498:
497:Spiltan Funds
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368:
365:
331:
330:Kinnevik today
328:
225:
222:
189:
188:
177:
173:
172:
160:Georgi Ganev (
156:James Anderson
154:
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148:
147:
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137:
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819:
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805:
801:
795:
792:
787:
781:
778:
767:
763:
757:
754:
743:on 2017-12-01
742:
738:
737:www.tele2.com
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638:
637:"Entreprenör"
632:
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231:
230:Hugo Stenbeck
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130:Hugo Stenbeck
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19:
1220:. Retrieved
1216:
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1196:. Retrieved
1192:
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1172:. Retrieved
1168:
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1148:. Retrieved
1144:
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993:. Retrieved
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921:. Retrieved
917:
908:
897:. Retrieved
893:
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873:. Retrieved
869:
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849:. Retrieved
847:(in Swedish)
844:
832:
818:
807:. Retrieved
803:
794:
780:
769:. Retrieved
765:
756:
745:. Retrieved
741:the original
736:
727:
713:
699:
690:
672:
645:. Retrieved
641:the original
631:
619:. Retrieved
615:
603:
589:
578:. 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:
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267:
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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
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314:,
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1201:.
1177:.
1153:.
1129:.
1105:.
1081:.
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998:.
974:.
950:.
926:.
902:.
878:.
854:.
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651:.
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597:.
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196:(
171:)
164:)
120:)
20:)
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