AAK (company)
AAK AB, formerly AarhusKarlshamn, is a global Sweden-based company and producer of vegetable oils and fats.[2] HistoryThe 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).[3] CompanyThe 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,[4] 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.[2][5] Production facilitiesThe group has production facilities in numerous countries with its main production units situated in:[2]
ProductsThe company's products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries.[2] Awards and recognitionsIn 2021, AAK was named world's second top specialty oil company by the Chinese food media FoodTalks.[6] See alsoReferences
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