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AAK (company) facts for kids

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AAK
Public (OMX: AAK)
Industry Vegetable Oils and Fats
Founded 2005
Headquarters Malmö, Sweden
Key people
Georg Brunstam (Chairman of the board)
Johan Westman (President and CEO)
Revenue Increase SEK 35,452 million (2021)
Operating income
Increase SEK 2,393 million (2020)
Number of employees
4,013 (2021)

AAK, formerly AarhusKarlshamn, is a global Sweden-based company and producer of vegetable oils and fats.

History

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).

Company

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 50,2 billion SEK, as of April 30, 2021. As of December 31, 2021, the group had a total turnover of 35,452 million SEK, an operating profit of 2,393 million SEK, and 4,013 employees globally.

Production facilities

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

Products

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

Awards and recognitions

In 2021, AAK was named world's second top specialty oil company by the Chinese food media FoodTalks.

See also

  • List of Swedish companies
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