Ingka Group

Overview

Ingka Group, headquartered in Leiden, Netherlands, is the largest franchisee of IKEA, operating 411 IKEA stores and city stores across 32 countries. The company also manages 209 other formats, such as IKEA planning studios, and owns and operates 37 meeting places in 14 countries through its Ingka Centres division. Additionally, Ingka Group has a significant presence in the renewable energy sector, owning over 500 wind turbines and more than 1 million solar panels, producing as much renewable energy as it consumes. The company is committed to sustainability and has identified three focus areas: healthy and sustainable living, circular and climate positive, and fair and inclusive. Ingka Group is also investing in digital competence and new capabilities to adapt to the changing retail landscape. The company is led by CEO Juvencio Maeztu, who took over in November 2025, becoming the first non-Swedish leader of Ingka Group. Under his leadership, Ingka Group aims to strengthen its focus on the core business of IKEA and become more accessible, affordable, and sustainable for future generations. The company is also working towards ambitious sustainability goals and has a strong commitment to equality, diversity, and inclusion, striving to reflect the communities it serves and ensure that everyone feels welcome and respected.

Investment Focus

• Alignment with Ingka Group's sustainability goals
• Positive impact for customers and the environment
• Long-term development of the core business
• Financial returns

Portfolio Companies