27:
314:
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,
298:
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
249:
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
257:
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
221:. 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
258:
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.
1081:
228:
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.
950:
204:
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
329:
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
348:
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.
295:. 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.
974:
232:
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.
235:
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.
284:
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.
1246:
265:
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
878:
788:
1022:
902:
998:
721:
360:
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):
62:
1256:
597:
1261:
1082:"Kinnevik | Kinnevik intends to propose a distribution of its Zalando shareholding to its shareholders, accelerating Kinnevik's strategic transformation"
1236:
625:
201:
Kinnevik is an active and long-term owner investing primarily in digital consumer businesses. Current CEO, Georgi Ganev, was appointed in 2018.
1251:
559:
1231:
951:"Kinnevik supports the proposed merger between Tele2 and Com Hem and will become the largest owner in the combined company | Kinnevik"
926:
326:
was appointed CEO of Kinnevik in January 2018. James Anderson was appointed Chairman of Kinnevik at the Annual General Meeting 2021.
854:
707:
729:
1241:
975:"Kinnevik's Board of Directors proposes to distribute Kinnevik's shares in MTG to its shareholders | Kinnevik"
222:
157:
150:
1105:
629:
335:
308:
288:
55:
879:"Kinnevik | Kinnevik sells its entire interest in Avito for a cash consideration of USD 846 million"
533:
522:
1153:
789:"Kinnevik | Kinnevik: Nomination Committee Proposal for Board of Directors and Chairman Succession"
267:
281:
217:
Kinnevik was founded as an investment company in 1936 by Robert von Horn, Wilhelm Klingspor and
292:
1201:
1177:
774:
190:
903:"Kinnevik | Kinnevik: Results of the accelerated bookbuild of shares in Rocket Internet SE"
545:
300:
287:
Jan Hugo Stenbeck died on 19 August 2002 and was replaced by Edvard von Horn as chairman.
1023:"Kinnevik invests in Kolonial.no - the leading online grocery store in Norway | Kinnevik"
345:
In 2019 Kinnevik distributed its remaining shareholding in Millicom to its shareholders.
331:
829:
1225:
1129:
218:
118:
51:
45:
239:
323:
78:
71:
826:
271:
was launched in 1995 and the concept later spread rapidly throughout the world.
999:"Kinnevik invests USD 41 million in Livongo and increases ownership | Kinnevik"
812:
37:
927:"Kinnevik - We build digital brands | Georgi Ganev appointed CEO of Kinnevik"
750:
132:
1057:
26:
259:
195:
277:
was founded in 1993 and listed on the Stockholm stock exchange in 1996.
304:
246:
339:
251:
583:
242:, joined Kinnevik's management team. Hugo Stenbeck Sr died in 1977.
374:
274:
206:
194:) is a Swedish investment company that was founded in 1936 by the
1052:
1050:
1048:
1046:
1044:
1042:
693:
534:
http://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE999
523:
http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE998
352:
In 2023, Kinnevik exited its remaining shareholding in Teladoc.
291:
became chairman in 2004 and was replaced three years later by
315:
Kinnevik sold its remaining shareholding in Rocket Internet.
169:
708:"Millicom International looks to invest in Ivory Coast"
238:
Hugo Stenbeck Jr died in 1976 and his younger brother,
628:(Press release). Z Story. 1 March 2013. Archived from
680:
Stenbeck - En biografi över en framgångsrik affärsman
855:"Kinnevik | Kinnevik: Final price in Zalando's IPO"
560:"Georgi Ganev appointed CEO of Kinnevik | Kinnevik"
164:
139:
128:
114:
96:
88:
61:
43:
33:
710:(Press release). Biztech Africa. 7 December 2014.
1247:Financial services companies established in 1936
777:(Press release). Affarsvarlden. 19 January 2001.
8:
722:"NetCom AB byter namn till Tele2 AB - Tele2"
334:and invested in Kolonial.no, Karma, BudBee,
19:
1106:"Kinnevik | First Quarter 2023 Highlights"
18:
225:Nordiska Suchard and Halmstads Järnverk.
815:(Press release). Fokus. 24 January 2014.
416:
362:
673:
671:
655:
653:
651:
649:
647:
515:
464:Wilhelm, Marie & Amelie Klingspor
1202:"Kinnevik | Our largest shareholders"
1178:"Kinnevik | Our largest shareholders"
189:
7:
1257:Companies listed on Nasdaq Stockholm
598:"Interim Report First Quarter 2023"
198:, Klingspor and von Horn families.
830:"Kinnevik säljer Billerud Korsnäs"
14:
1262:Companies in the OMX Stockholm 30
1154:"Kinnevik | Ownership Structure"
25:
338:, Deposit Solutions, Cedar and
299:2010 with major investments in
262:was formed the following year.
260:Millicom International Cellular
1237:Investment companies of Sweden
775:"Netcom byter namn till Tele2"
1:
1252:1936 establishments in Sweden
548:(Press release). Riksarkivet.
1232:Companies based in Stockholm
1130:"Net Asset Value | Kinnevik"
1058:"Our Investments | Kinnevik"
728:(in Swedish). Archived from
584:"Kinnevik Website: About Us"
696:(Press release). Comviq.se.
102:; 88 years ago
1278:
662:Tre familjer – En historia
414:Per 5 May 2023, by votes.
16:Swedish investment company
664:. Brombergs Bokförlag AB.
475:Baillie Gifford & Co
24:
660:Carlsson, Bengt (2011).
497:AMF Pension & Funds
369:Value in billions (SEK)
678:Andersson, Per (2012).
223:chocolate manufacturers
682:. Modernista Group AB.
453:CMS Sapere Aude Trust
191:[ˈɕɪ̂nːɛˌviːk]
187:Swedish pronunciation:
828:, SvD Näringsliv |.
694:"Comviq: Background"
356:Significant holdings
309:Global Fashion Group
289:Pehr G. Gyllenhammar
245:The shareholding in
751:"The Share - Tele2"
423:Percent of capital
268:Metro International
21:
442:Alces Maximus LLC
813:"Djärvare än Jan"
546:"E Hugo Stenbeck"
507:
506:
431:Verdere S.À.R.L.
426:Percent of votes
407:
406:
293:Cristina Stenbeck
240:Jan Hugo Stenbeck
180:
179:
122:Wilhelm Klingspor
1269:
1216:
1215:
1213:
1212:
1206:www.kinnevik.com
1198:
1192:
1191:
1189:
1188:
1182:www.kinnevik.com
1174:
1168:
1167:
1165:
1164:
1158:www.kinnevik.com
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1144:
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1141:
1140:
1134:www.kinnevik.com
1126:
1120:
1119:
1117:
1116:
1110:www.kinnevik.com
1102:
1096:
1095:
1093:
1092:
1086:www.kinnevik.com
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1072:
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1069:
1068:
1062:www.kinnevik.com
1054:
1037:
1036:
1034:
1033:
1027:www.kinnevik.com
1019:
1013:
1012:
1010:
1009:
1003:www.kinnevik.com
995:
989:
988:
986:
985:
979:www.kinnevik.com
971:
965:
964:
962:
961:
955:www.kinnevik.com
947:
941:
940:
938:
937:
931:www.kinnevik.com
923:
917:
916:
914:
913:
907:www.kinnevik.com
899:
893:
892:
890:
889:
883:www.kinnevik.com
875:
869:
868:
866:
865:
859:www.kinnevik.com
851:
845:
844:
842:
841:
823:
817:
816:
809:
803:
802:
800:
799:
793:www.kinnevik.com
785:
779:
778:
771:
765:
764:
762:
761:
747:
741:
740:
738:
737:
718:
712:
711:
704:
698:
697:
690:
684:
683:
675:
666:
665:
657:
642:
641:
639:
637:
622:
616:
615:
613:
611:
605:www.kinnevik.com
602:
594:
588:
587:
580:
574:
573:
571:
570:
564:www.kinnevik.com
556:
550:
549:
542:
536:
531:
525:
520:
417:
363:
311:, among others.
193:
188:
176:
173:
171:
110:
108:
103:
81:
74:
52:Nasdaq Stockholm
29:
22:
1277:
1276:
1272:
1271:
1270:
1268:
1267:
1266:
1242:Stenbeck family
1222:
1221:
1220:
1219:
1210:
1208:
1200:
1199:
1195:
1186:
1184:
1176:
1175:
1171:
1162:
1160:
1152:
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1138:
1136:
1128:
1127:
1123:
1114:
1112:
1104:
1103:
1099:
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1088:
1080:
1079:
1075:
1066:
1064:
1056:
1055:
1040:
1031:
1029:
1021:
1020:
1016:
1007:
1005:
997:
996:
992:
983:
981:
973:
972:
968:
959:
957:
949:
948:
944:
935:
933:
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924:
920:
911:
909:
901:
900:
896:
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885:
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861:
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848:
839:
837:
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824:
820:
811:
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806:
797:
795:
787:
786:
782:
773:
772:
768:
759:
757:
749:
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735:
733:
720:
719:
715:
706:
705:
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692:
691:
687:
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676:
669:
659:
658:
645:
635:
633:
632:on 2 April 2015
624:
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619:
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568:
566:
558:
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532:
528:
521:
517:
512:
412:
358:
321:
301:Rocket Internet
215:
186:
168:
156:
155:Samuel Sjöström
154:
148:
146:
142:
124:Robert von Horn
123:
121:
106:
104:
101:
84:
77:
70:
48:
17:
12:
11:
5:
1275:
1273:
1265:
1264:
1259:
1254:
1249:
1244:
1239:
1234:
1224:
1223:
1218:
1217:
1193:
1169:
1145:
1121:
1097:
1073:
1038:
1014:
990:
966:
942:
918:
894:
870:
846:
818:
804:
780:
766:
742:
713:
699:
685:
667:
643:
617:
589:
575:
551:
537:
526:
514:
513:
511:
508:
505:
504:
501:
498:
494:
493:
490:
487:
486:Spiltan Funds
483:
482:
479:
476:
472:
471:
468:
465:
461:
460:
457:
454:
450:
449:
446:
443:
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401:
397:
396:
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389:
388:
385:
381:
380:
377:
371:
370:
367:
357:
354:
320:
319:Kinnevik today
317:
214:
211:
178:
177:
166:
162:
161:
149:Georgi Ganev (
145:James Anderson
143:
140:
137:
136:
130:
126:
125:
116:
112:
111:
98:
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75:
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15:
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10:
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6:
4:
3:
2:
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976:
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928:
922:
919:
908:
904:
898:
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871:
860:
856:
850:
847:
835:
831:
827:
822:
819:
814:
808:
805:
794:
790:
784:
781:
776:
770:
767:
756:
752:
746:
743:
732:on 2017-12-01
731:
727:
726:www.tele2.com
723:
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714:
709:
703:
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695:
689:
686:
681:
674:
672:
668:
663:
656:
654:
652:
650:
648:
644:
631:
627:
626:"Entreprenör"
621:
618:
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593:
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585:
579:
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547:
541:
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255:
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236:
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230:
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220:
219:Hugo Stenbeck
212:
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202:
199:
197:
192:
184:
175:
167:
163:
159:
152:
144:
138:
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127:
120:
119:Hugo Stenbeck
117:
113:
99:
95:
91:
87:
80:
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73:
69:
68:
66:
64:
60:
57:
53:
50:
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42:
39:
36:
32:
28:
23:
1209:. Retrieved
1205:
1196:
1185:. Retrieved
1181:
1172:
1161:. Retrieved
1157:
1148:
1137:. Retrieved
1133:
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1113:. Retrieved
1109:
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1089:. Retrieved
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1030:. Retrieved
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1006:. Retrieved
1002:
993:
982:. Retrieved
978:
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958:. Retrieved
954:
945:
934:. Retrieved
930:
921:
910:. Retrieved
906:
897:
886:. Retrieved
882:
873:
862:. Retrieved
858:
849:
838:. Retrieved
836:(in Swedish)
833:
821:
807:
796:. Retrieved
792:
783:
769:
758:. Retrieved
754:
745:
734:. Retrieved
730:the original
725:
716:
702:
688:
679:
661:
634:. Retrieved
630:the original
620:
608:. Retrieved
604:
592:
578:
567:. Retrieved
563:
554:
540:
529:
518:
413:
410:Shareholders
359:
351:
347:
344:
328:
324:Georgi Ganev
322:
313:
307:, Avito and
297:
286:
279:
273:
266:
264:
256:
244:
237:
234:
231:
227:
216:
203:
200:
182:
181:
129:Headquarters
79:SE0014684528
72:SE0014684510
34:Company type
183:Kinnevik AB
20:Kinnevik AB
1226:Categories
1211:2019-05-05
1187:2019-05-05
1163:2019-05-05
1139:2019-11-06
1115:2023-05-05
1091:2023-05-05
1067:2018-09-07
1032:2018-09-07
1008:2018-09-07
984:2018-09-07
960:2018-09-07
936:2018-01-02
912:2017-11-29
888:2017-11-29
864:2017-11-29
840:2017-11-29
798:2017-11-29
760:2017-11-29
736:2017-11-29
569:2018-09-07
510:References
400:Cityblock
384:VillageMD
254:vehicles.
247:Sandvik AB
147:(Chairman)
141:Key people
92:Investment
38:Aktiebolag
280:In 1995,
172:.kinnevik
133:Stockholm
46:Traded as
636:26 March
420:Company
366:Company
196:Stenbeck
135:, Sweden
115:Founders
89:Industry
332:Livongo
305:Zalando
213:History
165:Website
105: (
97:Founded
54::
834:SvD.se
478:11.42
448:11.57
340:Monese
252:Toyota
56:KINV B
755:Tele2
610:5 May
601:(PDF)
503:5.04
500:2.42
492:3.11
489:6.49
481:5.48
470:6.13
467:1.64
459:6.64
456:1.39
445:2.42
437:19.1
434:4.07
392:Pleo
375:Tele2
275:Tele2
207:Tele2
638:2015
612:2023
336:Pleo
174:.com
107:1936
100:1936
63:ISIN
379:14
282:MTG
250:of
170:www
158:CFO
151:CEO
1228::
1204:.
1180:.
1156:.
1132:.
1108:.
1084:.
1060:.
1041:^
1025:.
1001:.
977:.
953:.
929:.
905:.
881:.
857:.
832:.
791:.
753:.
724:.
670:^
646:^
603:.
562:.
403:3
395:3
387:5
342:.
303:,
209:.
1214:.
1190:.
1166:.
1142:.
1118:.
1094:.
1070:.
1035:.
1011:.
987:.
963:.
939:.
915:.
891:.
867:.
843:.
801:.
763:.
739:.
640:.
614:.
586:.
572:.
185:(
160:)
153:)
109:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
