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The IKEA brand itself is owned and managed by Inter IKEA Systems B.V., a company incorporated and headquartered 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.
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 first IKEA store in North America opened in Dartmouth, Nova Scotia in 1976 and closed in 1988, [15] [16] though the company opened a new Dartmouth location in 2017. [17] As of November 2024, there were 14 full-line stores in six provinces, two urban-format stores in Ontario, as well as numerous planning and/or pickup collection points. [18] 10
Feodor Ingvar Kamprad (Swedish: [ˈɪ̌ŋːvar ˈkǎmːprad] ⓘ; 30 March 1926 – 27 January 2018) was a Swedish billionaire business magnate best known for founding IKEA, which he founded in 1943 and grew into a multinational retail company that became the world's largest furniture seller in 2008.
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]
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]
DFI Retail Group Holdings Limited (formerly known as Dairy Farm International Holdings Limited) is a Hong Kong–based retail company with legal bases in Bermuda and Singapore. A subsidiary of the Jardine Matheson Group , it is a major East and Southeast Asian retailer involved in the processing and wholesaling of food and health and beauty ...