IKEA: Many companies, one brand
The IKEA Concept is the core asset of Inter IKEA Group and its franchising operation. The overall purpose of Inter IKEA Group is to secure continuous improvement, development, expansion and a long life of the IKEA Concept. This will require investments in both good and bad times.
Since May, 2016, there are separate holding companies and management teams for the IKEA related business and the investment business, previously part of Inter IKEA Group. The reason for this change is to enhance business focus and efficiency. Inter IKEA Holding B.V. (located in the Netherlands), is the new holding company for all IKEA related businesses.
The holding company of the investment business, Interogo Holding AG was established in Switzerland in 2016.
Different companies operating under the IKEA trademarks
Around the globe, a large number of companies operate under the IKEA trademarks. All IKEA franchisees are independent of Inter IKEA Group. A large group of franchisees are owned and operated by INGKA Group. Inter IKEA Group and INGKA Group have the same founder, and a common history and heritage, but have operated under different owners and management since the 1980s.
The new Inter IKEA Group
To improve the IKEA franchise system and clarify roles, IKEA range, supply and production activities transferred to the new Inter IKEA Group headed by Inter IKEA Holding B.V. The ownership changes came into effect on 31 August 2016. The Inter IKEA Group is now composed of three core businesses – franchising, range and supply and industry.
The entities will work together to build a stronger franchise system. To build an even better IKEA offer together with retailers and suppliers based on existing and new strengths in our value chain. The aim is also to provide franchisees with best possible conditions for implementing and operating the IKEA Concept, and to create a strong platform for future expansion and growth.