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FAM supports SKF’s proposal to split the Group

As the largest owner of SKF, FAM supports today's announced plans to separate SKF's Automotive business into a new company and distribute it to SKF's shareholders. "FAM supports the proposal announced today. The proposed split of SKF will create two global companies that are market leaders in their respective segments. The split will provide better opportunities for the two focused companies to continue creating profitable growth and long-term value. After the split is completed, which is expected to occur during the first half of 2026, both companies will be strategic holdings for FAM,"

Anna Borg elected new member of FAM’s board

Today, Anna Borg has been elected as a new board member of FAM AB. Anna Borg is CEO of Vattenfall and has experience from various management positions within Vattenfall, including CFO and Vice President Marketing and Sales Nordic, and from Klarna. Anna also has a strong interest in company transformation journeys and sustainability."Anna Borg has a breadth and depth in both energy and sustainability, as well as in fintech and leadership issues, which will be a great asset in FAM's board work going forward. Anna’s experience, competence and personality will be an important complement to the

As previously communicated, the holdings of the Wallenberg Foundations in FAM have now been transferred to Wallenberg Investments AB

As it has been previously communicated, the Knut and Alice Wallenberg Foundation, the Marianne and Marcus Wallenberg Foundation, and the Marcus and Amalia Wallenberg Foundation have commissioned the wholly owned holding company Wallenberg Investments AB to manage their assets. Due to this restructuring of the Foundations' assets, the holding company FAM is now owned by Wallenberg Investments AB.FAM's ownership stakes in existing holdings remain unchanged. In connection with its acquisition of FAM, Wallenberg Investments AB, as a formality, is required to report a notification of changes

FAM AB acquires the Grand Group, including the Grand Hôtel real estate property

FAM AB has entered into an agreement with Patricia Industries, a part of Investor AB, to acquire the Grand Group, which includes the hotel businesses Grand Hôtel, Lydmar Hotel and The Sparrow Hotel, and the Grand Hôtel real estate property owned by Vectura, a subsidiary of Patricia Industries. The Grand Group, offering accommodation, food and beverage, spa, conference and event services, consists of Scandinavia's leading hotels – The Grand Hôtel, The Lydmar Hotel and The Sparrow Hotel, all located in beautiful surroundings in central Stockholm. The Grand Hôtel has been home to many

FAM, SEB and AMF invest SEK 3.5bn to support Swedish companies get through the crisis

FAM, SEB and AMF are together investing SEK 3.5bn in a jointly owned company, Sindre Invest AB, which will support Swedish companies in need of capital to make it through the corona crisis.Owing to the economic turbulence that has been created by the current pandemic, many companies are having a very tough time right now. The Swedish government has implemented a long list of support measures to help them weather the crisis, and SEB and other banks are at the same time doing their utmost to help their customers with loans, advice and other support. Major investors such as AMF have also

FAM AB acquires shares in Munters Group AB

FAM AB has yesterday after the close of the stock exchange acquired 12 850 000 shares, corresponding to 7% of the shares outstanding, in Munters Group AB through an accelerated bookbuilding. After the transaction FAM AB is the owner of 21,1% of the shares in Munters Group AB.– We see Munters as an attractive company with good underlying growth, globally leading market positions and a strong organization. We look forward to working together with the board of directors, management and all employees to develop Munters for the long-term, says Lars Wedenborn, CEO of FAM AB. For further

FAM AB (FAM) has today completed the acquisition of Sandvik Process Systems (SPS) from Sandvik AB

- We are happy to now be the owners of SPS. The company is a leading global supplier of industrial process solutions with good market positions that will fit well into FAM’s holdings. We look forward to developing SPS as a stand-alone and focused company together with the Board of Directors, management and the employees, says Lars Wedenborn, CEO FAM AB. - SPS is a specialized business with strong performance over an extended time period. To take SPS to the next level, FAM is a perfect fit as new owners, providing a stable, long-term foundation to enable us to further increase our efforts

FAM and Solidium expect Stora Enso to find a sustainable solution to child labour

Highlights of speech by FAM and Solidium at Stora Enso Annual General Meeting, 23 April 2014· FAM and Solidium strongly support Stora Enso’s strategy of growth and transformation. We believe that the strategy will improve the company’s shareholder value and profitability in many ways and will create a solid foundation for the company’s long-term development. · With expansion into emerging markets, such as China, India, Brazil, Pakistan and Uruguay, follows also major responsibility. It is therefore essential for Stora Enso to prioritize corporate social responsibility as part of its

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