SCA
Strategic Concepts & Mechanics
Primary Evidence
"What he means is that there has previously been a lack of large owners outside the stock market. And if a listed company succeeds in selling off divisions that do not belong to its core business, management can concentrate on what it does best and increase investment and profitability there. Experience shows that with the right owners, these sold divisions can develop and grow significantly more than they would have within the old group. But it is a matter of judgment what belongs to the core. Volvo sold its subsidiary Huskvarna’s sewing machines to IK, but diapers remained for the time being in SCA."
"He points out that although Kreuger juggled the companies’ finances, he also built solid businesses that still exist today, such as the forestry company SCA and the mining company Boliden. There are financially oriented actors who also build industries."