INGKA Holding B.V. is a

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

based in

Leiden Leiden (; in English and archaic Dutch also Leyden) is a city and municipality in the province of South Holland, Netherlands. The municipality of Leiden has a population of 119,713, but the city forms one densely connected agglomeration wit ...

, Netherlands. It is the holding company that controls 367 stores of the 422 of

IKEA IKEA (; ) is a Dutch multinational conglomerate based in the Netherlands that designs and sells , kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad, IKEA has been t ...

in 2018. The company is fully owned by the

Stichting INGKA Foundation The Stichting INGKA Foundation is a Dutch foundation founded in 1982 by Ingvar Kamprad, a Swedish billionaire and founder of IKEA, and his corporate attorney Linnea Walsh. INGKA is one of the largest charitable foundations in the world and used ...

Relationship with other IKEA companies

Although it is the largest IKEA franchisee, INGKA Holding does not own the IKEA brand and associated trademarks; these are owned by

Inter IKEA Systems Inter IKEA Holding B.V. (also known as Inter IKEA Group) is a holding company registered in the Netherlands, ultimately owned by Interogo Foundation. It owns the company ''Inter IKEA Systems'' and thereby controls the intellectual property of IKE ...

Delft Delft () is a List of cities in the Netherlands by province, city and Municipalities of the Netherlands, municipality in the Provinces of the Netherlands, province of South Holland, Netherlands. It is located between Rotterdam, to the southeast, ...

, also in the Netherlands, which is the

franchisor Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its busine ...

of the IKEA system and receives 3% of all IKEA revenues in royalties. Inter IKEA Systems is owned by

Inter IKEA Holding Inter IKEA Holding B.V. (also known as Inter IKEA Group) is a holding company registered in the Netherlands, ultimately owned by Interogo Foundation. It owns the company ''Inter IKEA Systems'' and thereby controls the intellectual property of IKE ...

, registered in

Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...

, which is controlled, in turn, by

Interogo Foundation Interogo Foundation is a foundation registered in Liechtenstein as a so-called ''Unternehmensstiftung'' (, literally in English: "enterprise foundation"). Its office is located in Vaduz, Liechtenstein. It owns Inter IKEA Holding B.V., registered ...

, a

Liechtenstein Liechtenstein (), officially the Principality of Liechtenstein (german: link=no, Fürstentum Liechtenstein), is a German-speaking microstate located in the Alps between Austria and Switzerland. Liechtenstein is a semi-constitutional monarchy ...

foundation that is also supported by the Kamprad family and is valued at approximately

US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

15 billion.

Other investments

The group's Ingka Centres division has developed several

shopping centre A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof. The first known collec ...

s in which IKEA is the anchor tenant, including the

MEGA Mega or MEGA may refer to: Science * mega-, a metric prefix denoting 106 * Mega (number), a certain very large integer in Steinhaus–Moser notation * "mega-" a prefix meaning "large" that is used in taxonomy * Gravity assist, for ''Moon-Eart ...

malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including

Kings Mall Livat Hammersmith is a retail, residential and office complex located off King Street in Hammersmith in the London Borough of Hammersmith and Fulham. Along with the other Livat Centres, it is operated by the Ingka Centres division of INGKA Hol ...

in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto. In September 2019, INGKA acquired an 80% stake in seven wind farms in

Romania Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, S ...

, purchased from the Danish wind turbine manufacturer

Vestas Vestas Wind Systems A/S is a Danish manufacturer, seller, installer, and servicer of wind turbines that was founded in 1945. The company operates manufacturing plants in Denmark, Germany, the Netherlands, Taiwan, India, Italy, Romania, the Uni ...

. They are said to have paid $150.9m to the Danish firm through its investment unit. Ingka Centres, IKEA's malls division, announced in December 2021 that it would open two malls, anchored by IKEA stores, in

Gurugram Gurgaon (pronunciation: �ʊɽɡãːw, officially named Gurugram (pronunciation: �ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the nationa ...

and

Noida Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. Noida is a satellite city of Delhi and is a part of the National Capital Region (NCR) o ...

in India at a cost of around . Both malls are expected to open by 2025.

References

IKEA Establishments in Luxembourg Companies based in Leiden {{company stub