- Back to Home »
- Ratos
Ratos
This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (September 2009) |
Type | Public (OMX: RATO B) |
---|---|
Industry | Private Equity |
Founded | 1933 |
Headquarters | Stockholm, Sweden |
Key people | Olof Stenhammar (Chairman of the board), Arne Karlsson(President and CEO) |
Products | Financial services |
Website | www.ratos.se |
Ratos AB (portmanteau for Ragnar and Torsten Söderberg) is a Swedish private equity company founded in 1933 and still controlled by the Söderberg family. Ratos is listed on the Stockholm Stock Exchange.
Contents[hide]
|
[edit]History
The Söderberg brothers established Ratos in the 1933 as a holding company for the families growing enterprises. At the time the family was owners of Söderberg & Haak. Ratos developed with extensive ownership in companies such as Stora Kopparberg, Gränges and Esselte in addition to a wholly owned steel division. It was listed on the stock exchange in 1954.
In 1979 the steel division, that at the time was called Tibnor, was sold to the state owned SSAB as part of the reorganisation of the crisis hit steel industry. After that the company expanded into new areas, including a larger number of transport companies, the hotel chain Scandic Hotels and the plumbing chain Dahl International. During this period Sven Söderberg (1928-2004) was CEO.
The financial crisis hit Ratos with reduced profits in 1992 and Urban Jansson was appointed new CEO and the subsidiaries were either floated on the stock exchange or sold. After Arne Karlsson took over as CEO, Ratos was transformed to a private equity company.
[edit]Holdings
[edit]Industry
- AH Industries - metal components and services to the wind power, offshore and marine industries. (stake 66%)
- Camfil - clean air technology and air filters. (stake 30%)
- Contex Group - developer and manufacturer of innovative 2D and 3D digital imaging solutions. (stake 98%)
- DIAB - manufactures and develops core materials for composite structures. (stake 94%)
- EuroMaint - maintenance companies and offers advanced maintenance services to the rail transport sector and industry. (stake 100%)
- GS-Hydro - supplier of non-welded piping systems. (stake 100%)