{ "schemaVersion": 1, "organisationId": "O-847782fe8c2a4012b4f2d2177ad417ea", "slug": "industrivarden-ab-c-shs", "name": "INDUSTRIVARDEN AB-C SHS", "updatedAt": "2026-09-28T10:47:39.881246Z", "sections": [ { "type": "OVERVIEW", "text": "Industrivärden AB is a Swedish investment holding company founded in 1944. It takes sizeable stakes in selected listed companies and acts as a long-term, active owner, with the objective of generating attractive returns at balanced risk. Its Class A and C shares trade on Nasdaq Stockholm. [P139217714][P139218162][P139218094]\n\nIts portfolio includes Volvo, Sandvik, Handelsbanken, Essity, SCA, Skanska, Ericsson and Alleima, giving it exposure to businesses across several industries and geographies. Industrivärden’s own operations are based in Stockholm. At year-end 2025, its equities portfolio was valued at approximately SEK 197 billion and it had 15 employees. As an investment company, dividend income—SEK 9.5 billion in 2025—is more indicative of its income than conventional sales revenue. [P139217814][https://www.industrivarden.se/en-gb/Contact/][T15910402][T15910458][T15910439]\n[P139217714][P139218162][P139218094][P139217814][T15910402][T15910458][T15910439][https://www.industrivarden.se/en-gb/Contact/]", "updatedAt": "2026-09-28T10:47:39.881246Z" }, { "type": "PRODUCTS", "text": "Industrivärden does not sell a conventional range of products. Its principal offering to investors is exposure, through its listed shares, to a portfolio of listed companies. Its activities consist of selecting and analysing investments and exercising active ownership through substantial shareholdings, board involvement and dialogue with portfolio companies. It does not describe a separate external asset-management service. [P139217718][P139218747][P139217714]\n\nIts holdings span transport and construction equipment (Volvo), industrial technology (Sandvik), banking (Handelsbanken), hygiene and health products (Essity), forestry and forest products (SCA), construction and project development (Skanska), telecommunications networks (Ericsson), and specialty materials and heating systems (Alleima). [P139217909][P139217930][P139217948][P139217966][P139217985][P139218005][P139218024][P139218041] At year-end 2025, Volvo and Sandvik each represented 29% of portfolio value, followed by Handelsbanken at 16% and Essity at 11%; these are investment weights, not shares of product sales. [T15910364][T15910364][T15910364][T15910364] Industrivärden’s Class C shares carry one-tenth of a vote per share, compared with one vote for Class A shares; both classes have equal dividend rights. [P139218197]\n[P139217718][P139218747][P139217714][P139217909][P139217930][P139217948][P139217966][P139217985][P139218005][P139218024][P139218041][T15910364][T15910364][T15910364][T15910364][P139218197]", "updatedAt": "2026-09-28T10:47:39.881246Z" }, { "type": "GEOGRAPHY", "text": "Industrivärden is based in Stockholm, Sweden, with its headquarters at Storgatan 10. Its operations are conducted by the Swedish parent company, AB Industrivärden, supported by subsidiaries. It reported 15 employees in 2025. [P139218360][P139218417]\n\nIts direct investments are in listed Swedish companies, including Volvo, Sandvik, Handelsbanken, Essity, SCA, Skanska, Ericsson and Alleima. Industrivärden describes the portfolio as geographically diversified, reflecting the activities of those underlying companies, but does not provide a consolidated revenue breakdown by country or region. [P139217819][P139217814]\n[P139218360][P139218417][P139217819][P139217814]", "updatedAt": "2026-09-28T10:47:39.881246Z" }, { "type": "SEGMENTS", "text": "Industrivärden does not present its portfolio companies as separately reported operating segments. For understanding its investment exposure, the relevant breakdown is the market value of its listed-equity holdings, rather than revenue by business line. At year-end 2025, Volvo and Sandvik each represented about 29% of portfolio value, followed by Handelsbanken (16%), Essity (11%), SCA (5%), Skanska (4%), Ericsson (4%) and Alleima (2%). These are approximate portfolio weights, not contributions to Industrivärden’s revenue. [https://www.industrivarden.se/globalassets/arsredovisningar/engelska/2025.pdf]\n\nThe holdings span transport and infrastructure solutions (Volvo), mining and industrial technology (Sandvik), banking (Handelsbanken), hygiene and health products (Essity), forestry and forest products (SCA), construction and property development (Skanska), communications networks (Ericsson), and specialty materials and heating systems (Alleima). These focus areas describe the underlying companies, not distinct Industrivärden segments. [P139217911][P139217930][P139217949][P139217968][P139217985][P139218005][P139218024][P139218041]\n[P139217911][P139217930][P139217949][P139217968][P139217985][P139218005][P139218024][P139218041][https://www.industrivarden.se/globalassets/arsredovisningar/engelska/2025.pdf]", "updatedAt": "2026-09-28T10:47:39.881246Z" }, { "type": "HISTORY", "text": "Industrivärden was founded by Handelsbanken in 1944 to manage shareholdings acquired during the economic crises of the 1920s and 1930s. It was listed on the Stockholm Stock Exchange in 1945. During the 1950s it acquired a stake in SCA, and in 1962 it joined Handelsbanken in forming Investment AB Promotion to acquire family-owned businesses. [https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1940s/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1950-talet/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1960s/]\n\nIn the 1970s, Industrivärden adopted a clearer investment strategy and began building a holding in Handelsbanken. During the 1980s it moved to concentrate its listed holdings while developing wholly owned industrial and property businesses. In the 1990s it consolidated those businesses into groups including Indutrade, and reshaped its listed portfolio through sales and new investments. [https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1970s/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1980s/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1990s/]\n\nIn the 2000s, the company shifted its emphasis toward active ownership of listed companies and disposed of operating subsidiaries. Indutrade was listed in 2005. Helena Stjernholm became Industrivärden’s chief executive in 2015, succeeding Anders Nyrén after his tenure from 2001 to 2015. [https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/2000s/][https://www.indutrade.com/about-indutrade/history/][https://www.industrivarden.se/en-gb/operations/our-history/Chief-executive-officers-the-years/]\n[https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1940s/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1950-talet/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1960s/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1970s/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1980s/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/1990s/][https://www.industrivarden.se/en-gb/operations/our-history/history-exhibition/2000s/][https://www.indutrade.com/about-indutrade/history/][https://www.industrivarden.se/en-gb/operations/our-history/Chief-executive-officers-the-years/]", 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