AAK (company) facts for kids
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| Public | |
| Traded as | OMX: AAK |
| Industry | Vegetable Oils and Fats |
| Founded | 2005 |
| Headquarters | Malmö, Sweden |
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Key people
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| Revenue |  SEK 35,452 million (2021) |
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Operating income
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SEK 2,393 million (2020) |
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Number of employees
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4,013 (2021) |
AAK AB is a big company from Sweden that makes special oils and fats from plants. It sells these products all over the world. The company used to be called AarhusKarlshamn.
Contents
What is AAK AB?
AAK AB is a global company that focuses on making plant-based oils and fats. These are not just any oils; they are often special ingredients used in many different products.
A Brief History of AAK
AAK AB was created in 2005. It was formed when two older companies joined together. One was Karlshamns AB from Sweden, which started way back in 1918. The other was Aarhus United A/S from Aarhus, Denmark, which began even earlier in 1871. By combining, they became a stronger company.
How Big is AAK AB?
AAK AB's shares are traded on the Stockholm Stock Exchange. This means people can buy and sell parts of the company. As of April 2021, the company was worth about 50.2 billion Swedish kronor. In 2021, AAK AB made about 35.4 billion Swedish kronor in sales. It also had over 4,000 employees working around the world.
Where AAK Makes Its Products
AAK has many factories and production sites in different countries. These are some of their main locations:
Runcorn, United Kingdom
Villavicencio, Colombia
Louisville, United States
Jundiaí, Brazil
Zhangjiagang, China- Richmond, United States
Khopoli, India
Aarhus, Denmark- Hull, United Kingdom
Karlshamn, Sweden
Montevideo, Uruguay
Morelia, Mexico- Newark, United States
Zaandijk, The Netherlands
Merksem, Belgium- Dalby, Sweden
- Hillside, United States
- Rotterdam, The Netherlands
- St Leonards-on-Sea, United Kingdom
What AAK's Products Are Used For
The special plant oils and fats made by AAK are used in many different industries. They are important ingredients in:
- Food: Like in chocolate, ice cream, and baked goods.
- Confectionery: This means candies and sweets.
- Pharmaceuticals: For making medicines.
- Cosmetics: Such as lotions, creams, and makeup.
- Chemicals: For various industrial uses.
- Animal Feed: To make food for farm animals.
Awards and Recognitions
In 2021, AAK was recognized as the second-best specialty oil company in the world by a Chinese food media group called FoodTalks. This shows that AAK is a leader in its field.
See also
- List of Swedish companies
