Melker Schörling AB

"The founder is in his 70s, and the eldest daughter, Sofia Schörling Högberg, has not yet turned forty. The process has been ongoing for a few years, but it was brought to the forefront in October 2016 when Melker Schörling unexpectedly announced he would be ending all his assignments as chairman in conjunction with the general meetings. He has been affected by gradually deteriorating health. Carl-Henric Svanberg was elected in May 2017 as a new board member of MSAB. Schörling and Svanberg have been colleagues and friends for a long time. Svanberg has previously served on the MSAB board and is also a shareholder in the investment company. Svanberg has extensive experience in Swedish industry, including as CEO of Assa Abloy and Ericsson, and as chairman of BP and AB Volvo. Mikael Ekdahl has been appointed chairman of Melker Schörling AB after many years as vice chairman. It cannot be easy to take over after a masterful investor who is called a magician in terms of creating growth and value. Melker Schörling remains on the board as a member."

"Melker Schörling also has private ownership outside of Melker Schörling AB. He owns 40 percent of Greenbridge Partners, which is run by Ola Rollén. He owns as much of the company as Schörling. The rest is shared among a smaller number of shareholders. The company, among other things, has invested in the Norwegian biometric company Next Biometrics."

"The family’s fortune largely consists of the value of holdings in the company Melker Schörling AB. Melker Schörling and family control the investment company with 86.1 percent of the votes (31.12.2016). The ownership in MSAB causes the value of the fortune to fluctuate between years, and the actual value is not realized until the shares are sold. And that is not the intention. It is a long-term capital that continually grows."