October 20, 2016 5:05 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


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

Nakhon Ratchasima Lures Big Players

News circulated on social media in Nakhon Ratchasima that three companies are seeking to buy land plots of 30-40 rai each in the province for their retail and wholesale developments. One of them bought a plot located 2 kilometres from downtown Nakhon Ratchasima to build a wholesale and retail market similar to Talad Thai in Rangsit for food and agricultural products. The land purchase negotiations for Aeon Co., Ltd. and INGKA Holding B.V. have yet to be finalised.

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.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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