AAK (company) facts for kids
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| Public (OMX: AAK) | |
| Industry | Vegetable Oils and Fats |
| Founded | 2005 |
| Headquarters | Malmö, Sweden |
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Key people
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Georg Brunstam (Chairman of the board) Johan Westman (President and CEO) |
| Revenue |  SEK 35,452 million (2021) |
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Operating income
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SEK 2,393 million (2020) |
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Number of employees
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4,013 (2021) |
AAK, formerly AarhusKarlshamn, is a global Sweden-based company and producer of vegetable oils and fats.
History
The company, formerly known as AarhusKarlshamn, was founded in 2005 through the merger of Karlshamns AB (founded 1918 in Karlshamn, Sweden) and Aarhus United A/S (founded 1871 in Aarhus, Denmark).
Company
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 50,2 billion SEK, as of April 30, 2021. As of December 31, 2021, the group had a total turnover of 35,452 million SEK, an operating profit of 2,393 million SEK, and 4,013 employees globally.
Production facilities
The group has production facilities in numerous countries with its main production units situated in:
Runcorn, United Kingdom
Villavicencio, Colombia
Louisville, United States
Jundiaí, Brazil
Zhangjiagang, China- Richmond (CA), United States
Khopoli, India
Aarhus, Denmark- Hull, United Kingdom
Karlshamn, Sweden
Montevideo, Uruguay
Morelia, Mexico- Newark (NJ), United States
Zaandijk, The Netherlands
Merksem, Belgium- Dalby, Sweden
- Hillside (NJ), United States
- Rotterdam, The Netherlands
- St Leonards-on-Sea, United Kingdom
Products
The company's products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries.
Awards and recognitions
In 2021, AAK was named world's second top specialty oil company by the Chinese food media FoodTalks.
