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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.

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Source : Inter IKEA Group

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26 September 2023

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