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AAK (company)

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AAK
AAK (publ.)
Company typePublic (Nasdaq Stockholm: AAK)
IndustryVegetable Oils and Fats
Founded2005
HeadquartersMalmö, Sweden
Key people
Melker Schörling (Chairman of the board), Arne Frank (President and CEO)
RevenueSEK 17,207 million (2008)[1]
Increase SEK 151 million (2008)[1]
Decrease SEK 4 million (2008)[1]
Number of employees
2,623 (2008)[1]
Websitewww.aak.com

AAK (publ.), operating as AAK, is a Swedish-Danish company and producer of high-value added vegetable oils and fats.[1]

The company's products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries. [1]

The company 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). [2]

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 12,3 billion SEK,[3] as of February 13, 2013. The group had a total turnover of 17,207 million SEK, made an operating profit of 151 million SEK (including effects of IAS 39 and non-recurring items), and employed approximately 2,623 employees globally during 2008. [1]

Operation and production

The group has operations and subsidiaries in numerous countries on all continents with its main production units situated in:[1]

See also

References

  1. ^ a b c d e f g h "Annual Report 2008". AAK (publ.). Retrieved 2009-06-05.
  2. ^ "Historia". AAK AB (publ.). Archived from the original on 25 June 2009. Retrieved 2009-06-05. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  3. ^ "Aktieinformation". OMXNASDAQ. Retrieved 2013-02-13.
  4. ^ Leek, Martyn. (2013, June 26). "AAK appoints new CSR and comms director," BakeryInfo.co.uk, Accessed: June 26, 2013.
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