Control Architecture Over Capital Efficiency

“The investigation and Hermansson exposed the networks and described how different actors collaborated. They also showed that the major owners had managed to gain power and influence in the leading industrial companies of the time through relatively limited capital investments and often thanks to voting-strong A-shares.”

“Frederik Paulsen represents the foundation that owns Ferring. The company is essentially debt-free. Over the years, he has also initiated, spun off, and developed several other enterprises, including a diagnostics company, another for the manufacture of peptide hormones, and an offshore company. As the sole owner of these companies, the foundation has been able to receive significant dividends from Ferring and the other companies over the years. In this way, the capital in the foundation grows. The companies are controlled through various holding companies, and this structure limits tax costs at all stages. Frederik Paulsen is also involved in several projects requiring investments, including two vineyards in Georgia, which is said to be the cradle of wine, and a publishing company.”