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The IKEA brand itself is owned and managed by Inter IKEA Systems B.V., a company incorporated in the Netherlands. [ 9 ] [ 10 ] IKEA was started in 1943 by Ingvar Kamprad , and has been the world's largest furniture retailer since 2008.
INGKA Holding B.V. is the holding company of INGKA Group. Based in Leiden, Netherlands, it is the largest IKEA franchisee holding company and controls 367 stores of the 422 of IKEA in 2018. [1] [2] The company is fully owned by the Stichting INGKA Foundation. INGKA is named after Ingvar Kamprad, its Swedish founder.
Feodor Ingvar Kamprad (Swedish: [ˈɪ̌ŋːvar ˈkǎmːprad] ⓘ; 30 March 1926 – 27 January 2018) was a Swedish billionaire business magnate best known for founding IKEA, a multinational retail company specialising in furniture. He lived in Switzerland from 1976 to 2014.
Inter IKEA Systems B.V. is a holding company fully owned by Inter IKEA Holding and thus Interogo Foundation. It is the company that legally owns all of the IKEA brand's intellectual property (logo, word, trademarks, etc.). [14] Inter IKEA Systems is the IKEA franchisor. The company releases guides and manuals of various parts of the IKEA brand.
The foundation owns the private Dutch company INGKA Holding, based in Leiden, which is the holding company that controls 372 of the 432 outlets of IKEA. [6]In an explanation of IKEA's complex corporate structure, Ingvar Kamprad stated to the authors of a Swedish documentary that tax efficiency was "a natural part of the company's low-cost culture". [2]
Orient: Founded by Al-Futtaim in 1982, Orient is the largest insurance company in the United Arab Emirates by financial capital, with up to 500 million AED (approx. 136.1 million USD). Headquartered in Dubai, it works with major clients in Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah, as well as Oman and Bahrain. [19]
Although the company culture at Clas Ohlson and IKEA were similar, working for a public company—IKEA is one of the world's largest privately-held companies—provided Jelkeby with a fresh challenge.
Ikano Group is a privately held international group of companies with the parent company Ikano S.A. based in Luxembourg. It was originally a part of IKEA, which was founded by Ingvar Kamprad, then became independent in 1988, and has since been owned by the Kamprad family. [1]