September 26, 2016 8:13 PM ET

Household Durables

Company Overview of INGKA Holding B.V.

Company Overview

INGKA Holding B.V., through its subsidiaries, designs, develops, manufactures, and sells home furnishings. The company provides furniture and accessories, as well as bathrooms and kitchen products through retail stores. The company is based in Leiden, the Netherlands. INGKA Holding B.V. operates as a subsidiary of Stichting Ingka Foundation (Netherlands).

Bargelaan 20

Leiden,  2333 CT

Netherlands

Key Executives for INGKA Holding B.V.

Chief Financial Officer and Member of Management Board
President of the Asia Pacific Retail Operations
President of the Germany Division
Vice President of Retail
Global Supply Chain Manager
Compensation as of Fiscal Year 2016.

INGKA Holding B.V. Key Developments

IKEA Group Reports Sales Results for the Fiscal Year of 2016

IKEA Group reported sales results for the fiscal year of 2016. For the period, the company's total sales amounted to $37.6 billion (EUR 34.2 billion). Total sales translated into Euro increased by 7.1%. Adjusted for currency impact, total sales increased by 7.9%. Sales in comparable stores grew by 4.8%.

INGKA Holding B.V. Proposes New Board Members

Jon Abrahamsson Ring (Plantasjen AS, Sweden) and Mark Newton-Jones (Mothercare, UK) have been proposed as new board members for INGKA Holding B.V. Supervisory Board. successful, the new members will be formally voted in during the annual meeting in November 2016. Currently President and CEO of Plantasjen AS, Jon Abrahamsson Ring has previously held a number of senior Executive roles, including CEO for Filippa K Group. Mark Newton-Jones has been the CEO of Mothercare Plc since 2014. Prior to joining Mothercare, Mark was CEO of ShopDirect Group.

Ikea Seeks Acquisition Of Forestland

INGKA Holding B.V. is planning to continue investments in the acquisition of forestland and to unveil an office in Tartu, in addition to the existing offices in Riga and Vilnius in the Baltic, Postimees reported.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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