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IKEA is owned and operated by a series of not-for-profit and for-profit corporations collectively known and managed as Inter IKEA Group and Ingka Group. [8] 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 ...
Inter IKEA Holding B.V. is the holding company of Inter IKEA Group. [1] Registered in the Netherlands, [2] and ultimately owned by Inter IKEA Foundation, it owns the company Inter IKEA Systems and thereby controls the intellectual property of IKEA. It is also in charge of design, manufacturing and supply of IKEA products. [3] [4] [5] [6]
As of 2014, the company is the 33rd largest contractor by revenue in the world. [2] The major shareholder of the company (40.8%) is state-owned China Gezhouba Group Corporation (CGGC, Chinese: 中国葛洲坝集团公司), which is in turn a subsidiary of the China Energy Engineering Corporation (Energy China). [1]
The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
Its major group companies include the China Gezhouba Group Corporation (CGGC), China Power Engineering Consulting Group Corporation (CPECC), Electric Power Planning & Engineering Institute (EPPEI), China Energy Equipment Co., Ltd., the Engineering Department (14 design & survey institutes in 14 provinces, municipalities and autonomous regions ...
The Perth and Adelaide IKEA stores were owned by Cebas Pty Ltd until February 2017 when they were acquired by the IKEA Group. [13] 8 Hong Kong: 1975 Kowloon (Tsim Sha Tsui) 4 The first IKEA outlet in Hong Kong, then a British territory, opened on Chatham Road, Tsim Sha Tsui in early 1975. [14] All are franchises owned by DFI Retail Group.
Ingka Group’s deputy CEO Juvencio Maeztu told Fortune in November that the company was setting aside $1.1 billion to absorb price increases rather than passing them on to the consumer.
The company was founded in 2016 after the Interogo Foundation split its non–IKEA-related companies from its IKEA-related companies (Inter IKEA Holding) into Interogo Holding A.G. These primarily include property and financial investments. [1]