INGKA Holding BV - Company Profile
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Ingka Holding BV (IKEA Group) manufactures, distributes, and retails furniture and home decor products. The company’s product portfolio includes beds and mattresses, decoration materials, flooring, lighting, mirrors and furniture for living room, bedroom and kitchen, storage and textiles. It also retails food products and operates restaurants. The services offered by the company include pick-up and delivery, assembling and installation, kitchen planning and furniture recycling. IKEA Group sells its merchandise through company-owned stores, franchises, and catalogues. It also retails merchandise online through an e-commerce website, www.ikea.com. The company operates retail stores apart from service trading offices, distribution centers and customer distribution centers in various countries spread across North America, Asia, Australia and Europe. IKEA is headquartered in Leiden, the Netherlands.
Headquarters
Netherlands
Address
Bargelaan 20, Leiden, Zuid-Holland, 2333CT
Website
www.ingka.com
Telephone
31 71 5657100
No of Employees
177,192
Industry
Retailing
Revenue (2022)
$47.0B
Products and Services
| Products | Services |
|---|---|
| Appliances | E-retail |
| Baby and Children Products | Distribution |
| Bathroom Sinks, Taps and Cabinets | Catalogue |
| 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 |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In October, the company’s subsidiary Ingka Investments acquired a 300MWp solar PV park in Romania. |
| 2023 | Asset Disposal | In September, the company sold 14 MEGA shopping centers in Russia to Gazprombank Group. |
| 2023 | New Products/Services | In September, the company introduced AFTONSPARV Collection. |
Competitor Comparison
| Key Parameters | INGKA Holding BV | Target Corp | Casino Guichard-Perrachon SA | XXXLutz KG | Macintosh Retail Group NV |
|---|---|---|---|---|---|
| Headquarters | Netherlands | United States of America | France | Austria | Netherlands |
| City | Leiden | Minneapolis | SaintEtienne | Wels | Maastricht-Airport |
| State/Province | Zuid-Holland | Minnesota | Auvergne | Oberosterreich | - |
| No. of Employees | 177,192 | 440,000 | 25,999 | 25,700 | 10,922 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jesper Brodin | President; Chief Executive Officer | Senior Management | - | - |
| Juvencio Maeztu | Chief Financial Officer; Deputy Chief Executive Officer | Senior Management | - | - |
| Karen Pflug | Chief Sustainability Officer | Senior Management | 2021 | - |
| Wim Blaauw | Chief Digital Officer | Senior Management | - | - |
| Parag Parekh | Chief Digital Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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