AAK (company)

AAK, formerly AarhusKarlshamn, is a Swedish-Danish company and producer of value-adding vegetable oils and fats.[2]

AAK
Public (Nasdaq Stockholm: AAK)
IndustryVegetable Oils and Fats
Founded2005
HeadquartersMalmö, Sweden
Key people
Georg Brunstam (Chairman of the board), Johan Westman (President and CEO)
RevenueSEK 27,592 million (2018)[1]
SEK 1,956 million (2018)[1]
Number of employees
3,609 (2018)[1]
Websitewww.aak.com

The company's products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries.[2]

The company, formerly known as AarhusKarlshamn, was founded in 2005 through the merger of Karlshamns AB (founded 1918 in Karlshamn, Sweden) and Aarhus United A/S (founded 1871 in Aarhus, Denmark).[3]

The company has been listed, as the current legal entity, on the Stockholm Stock Exchange (OMX) since 2005 and had a total market cap of about 37,9 billion SEK,[4] as of September 26, 2018. As of December 31, 2018, the group had a total turnover of 27,592 million SEK, an operating profit of 1,956 million SEK, and employed 3,609 employees globally.[2][5]

Production facilities

The group has production facilities in numerous countries with its main production units situated in:[2]

See also

  • List of Swedish companies

References

  1. "Annual Report 2018" (PDF). AAK (publ.). Retrieved 2019-04-11.
  2. https://mb.cision.com/Main/871/2786594/1024145.pdf
  3. "Our story". AAK AB (publ.). Retrieved 2018-09-26.
  4. "Aktieinformation". OMXNASDAQ. Retrieved 2018-09-26.
  5. "Annual Report 2018" (PDF).
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