AAK AB - Company Profile
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AAK AB (AAK) is a manufacturer and distributor of specialty vegetable oils and fats. The company's product offers solutions for the bakery, dairy, foodservice, special nutrition, and plant-based food industries, as well as chocolate and confectionery fats, natural emulsifiers, and personal care products. It also offers fatty acids and glycerin for technical products industry and proteins and fats for feed industry. AAK markets its products under Illexao, AkoBisc GO!, Akopol, Cebes, Silko, Chocofill, Akospread, AKOPlanet, Barrier Fat and Deliair brand names. The company’s business operations are spread across Europe, Asia-Pacific, the Middle East, Africa, North America, and South America. AAK is headquartered in Malmo, Sweden.
Headquarters
Sweden
Address
Pulpetgatan 20, Malmo, 21537
Website
aak.com
Telephone
46 40 6278300
No of Employees
4,000
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
AAK (STO)
Revenue (2025)
$4.4B
2.2%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-3%
(2025 vs 2024)
Market Cap*
$7.5B
Net Profit Margin (2025)
XYZ
-5.1%
(2025 vs 2024)
* As of and is in US$
AAK AB premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Bakery | Illexao |
| Chocolate and Confectionery | Akopol |
| Dairy and Ice cream | AkoBisc GO! |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company signed a joint venture agreement with Kuala Lumpur Kepong Berhad to launch a production plant for specialty palm fractions in Pasir Gudang, Malaysia. |
| 2025 | Contracts/Agreements | In June, the company along with Buhler, and Givaudan partnered with Big Idea Ventures and Mars Petcare to introduce the second round of the Next Generation Pet Food Program. |
| 2025 | Divestiture | In January, the company sold its North American AAK Foodservice facility for SEK600 million to Stratas Foods LLC. |
Competitor Comparison
| Key Parameters | AAK AB | Cargill Inc | Archer Daniels Midland Co | Bunge Global SA | Ajinomoto Co Inc |
|---|---|---|---|---|---|
| Headquarters | Sweden | United States of America | United States of America | United States of America | Japan |
| City | Malmo | Minneapolis | Chicago | Chesterfield | Chuo-Ku |
| State/Province | - | Minnesota | Illinois | Missouri | Tokyo |
| No. of Employees | 4,000 | 160,000 | 40,798 | 34,000 | 34,860 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Patrik Andersson | Chairman | Executive Board | 2023 | 63 |
| Johan Westman | Chief Executive Officer; President | Senior Management | 2018 | 53 |
| Tomas Bergendahl | Vice President; Chief Financial Officer | Senior Management | 2021 | 52 |
| David Smith | Vice President; President - Global Operations | Senior Management | 2001 | 66 |
| Niall Sands | President - Commercial Development and Innovation; Vice President | Senior Management | 2018 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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