Investment AB Latour
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Investment AB Latour
Investment AB Latour is the investment company controlled by the Swedish businessman and billionaire Gustaf Douglas and his family. Through the company, Douglas controls ''inter alia'', security firm Securitas AB and the world-leading lock producer Assa Abloy. Latour is also the biggest shareholder of the world's largest RVM provider Tomra TOMRA is a Norwegian multinational corporation manufacturing collection and sorting products, such as reverse vending machines for the food, recycling and mining industries. With over 82,000 ( RVMs) installed, 10,000 food sorters and 6,000 rec ... (with 21.08% of the stock as of July 2021). Gustaf Douglas is the chairman of the company. His wife and one of his sons also serve on the company board. References External linksOfficial Website Companies based in Gothenburg Investment companies of Sweden 1984 establishments in Sweden Financial services companies established in 1984 Companies listed on Nasdaq Stockholm {{financ ...
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Aktiebolag
''Aktiebolag'' (, " stock company") is the Swedish term for "limited company" or "corporation". When used in company names, it is abbreviated AB (in Sweden), Ab (in Finland), or, rarely, A/B (dated), roughly equivalent to the abbreviations ''Ltd.'' and '' PLC''. The state authority responsible for registration of aktiebolag in Sweden is called the Swedish Companies Registration Office. Sweden All ''aktiebolag'' are divided into two categories: private limited companies and public limited companies. The name of a private limited company may not contain the word ''publikt'' ("public") and the name of a public limited company may not contain the word ''privat'' or ''pvt.'' ("private"). Public A public limited company (''publikt aktiebolag'') is legally denoted as "AB (publ.)" in Sweden or "Abp" in Finland. A Swedish public limited company must have a minimum share capital of 500,000 Swedish kronor and its shares can be offered to the general public on the stock market. The ...
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Securitas AB
Securitas AB is a security services (security guarding and mobile patrolling), monitoring, consulting and investigation group, based in Stockholm, Sweden. The group has over 300,000 employees in 53 countries worldwide. Securitas AB is listed at Nasdaq OMX Stockholm, Large Cap segment. Securitas AB owns and operates the Swiss security company Protectas AG in Switzerland, where there already existed a security company called Securitas AG, part of the Swiss Securitas Group. It is also the parent company of the Pinkerton Detective Agency. History Securitas AB was founded in 1934 in Helsingborg, Sweden, as AB Hälsingborgs Nattvakt, when Erik Philip-Sörensen bought a small guarding company. In 1935, the name was changed to Förenade Svenska Vakt AB. The company expanded through acquisitions of several small security companies, initially in southern Sweden. In 1949, AB Securitas Alarm was founded as the company's security technology subsidiary, and during the following decade, th ...
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1984 Establishments In Sweden
Events January * January 1 – The Bornean Sultanate of Brunei gains full independence from the United Kingdom, having become a British protectorate in 1888. * January 7 – Brunei becomes the sixth member of the Association of Southeast Asian Nations (ASEAN). * January 10 ** The United States and the Vatican (Holy See) restore full diplomatic relations. ** The Victoria Agreement is signed, institutionalising the Indian Ocean Commission. *January 24 – Steve Jobs launches the Macintosh personal computer in the United States. February * February 3 ** Dr. John Buster and the research team at Harbor–UCLA Medical Center announce history's first embryo transfer from one woman to another, resulting in a live birth. ** STS-41-B: Space Shuttle ''Challenger'' is launched on the 10th Space Shuttle mission. * February 7 – Astronauts Bruce McCandless II and Robert L. Stewart make the first untethered space walk. * February 8– 19 – The 1984 Winter Olympics are held in Sarajev ...
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Investment Companies Of Sweden
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical eff ...
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Companies Based In Gothenburg
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Tomra
TOMRA is a Norwegian multinational corporation manufacturing collection and sorting products, such as reverse vending machines for the food, recycling and mining industries. With over 82,000 ( RVMs) installed, 10,000 food sorters and 6,000 recycling systems worldwide, TOMRA is the market leader in its industries. TOMRA is listed on the Oslo Stock Exchange (OSEBX) under the ticker symbol TOM. The parent company, Tomra Systems ASA, is headquartered in Asker, Norway, with central departments located in Mülheim-Kärlich, Germany and Shelton, Connecticut. History 1970s TOMRA was founded by the two brothers Tore Planke and Petter Planke in 1972. It started out with the design, manufacturing and sale of reverse vending machines (RVMs) for automated collection of used beverage containers. In 1974, the Swedish entity Systembolaget ordered 100 RVMs. 1980s-2000s TOMRA was listed in Oslo Børs on 18 January 1985 and tried to secure a position in the American market to no avail. ...
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Reverse Vending Machine
A reverse vending machine (RVM) is a machine that allows a person to insert a used or empty glass bottle, plastic bottle, or aluminum can in exchange for a reward. After inserting the recyclable item, it is then compacted, sorted, and analyzed according to the number of ounces, materials, and brand using the universal product code on the bottle or can. Once the item has been scanned and approved, it is then crushed and sorted into the proper storage space for the classified material. Upon processing the item, the machine rewards people with incentives, such as cash or coupons. The first prototype of a reverse vending machine was established in 1972 by TOMRA. With nations increasingly adopting policies concerning recycling and sustainability, reverse vending machines have become the standard in areas with stringent recycling policies. To date, there are more than one hundred thousand RVMs spread globally, located in countries including the United Kingdom, Russia, Norway, Sweden, Cana ...
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Assa Abloy
Assa Abloy AB is a Swedish conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation. Related products and services include controlling access and confirming identities with keys, cards, tags, mobile, and bio-metric identity verification systems. The company was formed in 1994, when Assa AB was separated from Swedish security firm Securitas AB. Shortly thereafter, Assa AB merged with the Finnish high security lock manufacturer Abloy Oy (based in Joensuu, a subsidiary of the Finnish company Wärtsilä). The company was introduced to the Stockholm Stock Exchange later the same year. Assa Abloy has since made over 200 acquisitions including Yale lock, Chubb Locks, Medeco in the United States, Mul-T-Lock in Israel and Fichet-Bauche in France. Its two largest shareholders are Latour and Melker Schörling AB. Name Assa Abloy was founded at the merger of the two companies Assa and Abloy in 1994. Assa stands for August Stenman ...
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Gothenburg
Gothenburg (; abbreviated Gbg; sv, Göteborg ) is the second-largest city in Sweden, fifth-largest in the Nordic countries, and capital of the Västra Götaland County. It is situated by the Kattegat, on the west coast of Sweden, and has a population of approximately 590,000 in the city proper and about 1.1 million inhabitants in the metropolitan area. Gothenburg was founded as a heavily fortified, primarily Dutch, trading colony, by royal charter in 1621 by King Gustavus Adolphus. In addition to the generous privileges (e.g. tax relaxation) given to his Dutch allies from the ongoing Thirty Years' War, the king also attracted significant numbers of his German and Scottish allies to populate his only town on the western coast. At a key strategic location at the mouth of the Göta älv, where Scandinavia's largest drainage basin enters the sea, the Port of Gothenburg is now the largest port in the Nordic countries. Gothenburg is home to many students, as the city includes ...
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Gustaf Douglas
Gustaf Archibald Siegwart Douglas (born 3 March 1938) is a Swedish aristocrat, billionaire businessman, and politician. As of August 2022, his net worth was estimated at US$7.2 billion. He has been a member of the Royal Swedish Academy of Engineering Sciences since 2007. Biography Early life Gustaf Archibald Siegwart Douglas (born 3 March 1938) is the oldest son of Carl Ludvig Douglas (1908-1961), a Swedish nobleman and diplomat who was the Swedish Ambassador to Brazil, and his Prussian wife Ottora Maria Haas-Heye (1910-2001). Career After an MBA from Harvard Business School in 1964, he worked in Sweden and was CEO of the newspapers ''Dagens Nyheter'' and ''Expressen'' between 1973 and 1980. After that he founded his company Investment AB Latour in 1984, through which he now controls security firm Securitas AB, the lock producer Assa Abloy and more. He formed a partnership with fellow businessman Melker Schörling, who also controls a significant amount of Securitas shares an ...
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