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AAK (company)

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AAK
Company typePublic (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]
Increase SEK 1,956 million (2018)[2]
Number of employees
3,609 (2018)[2]
Websitewww.aak.com

AAK, formerly AarhusKarlshamn, is a Swedish-Danish company and producer of value-adding vegetable oils and fats.[3]

The company's products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries.[3]

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).[4]

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,[5] 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.[3][6]

Production facilities

The group has production facilities in numerous countries with its main production units situated in:[3]

See also

References

  1. ^ "Annual Report 2018" (PDF). AAK (publ.). Retrieved 2019-04-11.
  2. ^ a b Cite error: The named reference AR2018 was invoked but never defined (see the help page).
  3. ^ a b c d https://mb.cision.com/Main/871/2786594/1024145.pdf
  4. ^ "Our story". AAK AB (publ.). Retrieved 2018-09-26.
  5. ^ "Aktieinformation". OMXNASDAQ. Retrieved 2018-09-26.
  6. ^ "Annual Report 2018" (PDF).
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