skip to main content
Find Insight DIY on
* * *

UK DIY News

New Owner Of Inter IKEA Group

IKEA Southampton 725 x 500

Interogo Foundation, which has up until 31 August 2023 been the owner foundation of Inter IKEA Holding B.V. demerges into two separate enterprise foundations (Unternehmensstiftung). The new Inter IKEA Foundation will be the ultimate owner of Inter IKEA Holding B.V., the IKEA related business. Interogo Foundation will continue to be the ultimate owner of Interogo Holding AG, the investment business.

The purpose of the two enterprise foundations will be identical, namely to secure independence and longevity of the IKEA Concept and the financial reserves needed to ensure this. Inter IKEA Foundation will focus on governing the IKEA business and secure independence and longevity of the IKEA Concept. Interogo Foundation will focus on governing the investment business and secure the necessary financial reserves.

The demerger will further strengthen business focus and simplify alignment with upcoming regulations. It will enable the two businesses to keep different financial years and to continue operating in a decentralised and efficient way.

Visit https://www.interikeafoundation.com for more information or contact media.relations@interikeafoundation.com

Source : Inter IKEA Group

For all the very latest news and intelligence on the UK's largest home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.

26 September 2023

Related News

view more UK DIY News
*

Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.

*
Paul Boyce - European CEO, QEP Ltd.
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry