Lito & Kartong
Strategic Concepts & Mechanics
Primary Evidence
"Ruben’s employment contract with Erik Åkerlund was very advantageous. But not only that: in addition to salary and other benefits, Ruben also managed to secure the astonishing agreement that he would get to buy half of Erik Åkerlund’s shares in Lito & Kartong, but without having to pay a single krona in cash. Åkerlund loaned Ruben the 400,000 kronor he needed to take over half of the stock at a five percent interest rate – such a loan was no problem for a person with Ruben’s annual salary. Erik Åkerlund really wanted young Rausing as a partner."
"Ruben now began to realize his visions. This was facilitated by the fact that Erik Åkerlund did not take an active part in the daily management of the company. It was not just Lito & Kartong that he had bought after the sale of the publishing house, but also the Stockholms-Tidningen. There he had then started working as the CEO, a role he embraced with vigor and enthusiasm."