| Type | Public (OMX: AAK) |
|---|---|
| Industry | Vegetable Oils and Fats |
| Founded | 2005 |
| Headquarters | Malmö, Sweden |
| Key people |
Melker Schörling (Chairman of the board), Arne Frank (President and CEO) |
| Revenue | SEK 17,207 million (2008)[1] |
| Operating income | SEK 151 million (2008)[1] |
| Profit | SEK 4 million (2008)[1] |
| Employees | 2,623 (2008)[1] |
| Website | www.aak.com |
AarhusKarlshamn AB (publ.) (OMX: AAK), operating as AAK, is a Swedish-Danish company and producer of high-value added vegetable oils and fats.[1]
The company's products are used in a wide variety of applications in the food, confectionary, pharmaceutical, cosmetic, chemical and animal feed industries. [1]
The company was founded 2005 through the merger of Karlshamns AB (founded 1918 in Karlshamn, Sweden) and Aarhus United A/S (founded 1871 in Aarhus, Denmark). [2]
The company has been listed, as the current legal entity, on the Stockholm Stock Exchange (OMX) since 2005 and had a total market cap of about 4 billion SEK[3], as of July 5, 2009. The group had a total turnover of 17,207 million SEK, made an operating profit of 151 million SEK (including effects of IAS 39 and non-recurring items), and employed approximately 2,623 employees globally during 2008. [1]
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The group has operations and subsidiaries in numerous countries on all continents with its main production units situated in[1]:
Aarhus, Denmark
Hull, United Kingdom
Karlshamn, Sweden
Montevideo, Uruguay
Morelia, Mexico
Newark (NJ), United States
Zaandijk, The Netherlands