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Holmen

#2431

Rank

$5.98B

Marketcap

SE Sweden

Country

Holmen
Leadership team

Mr. Henrik Sjolund (Pres, CEO & Director)

Mr. Anders Jernhall (Exec. VP & CFO)

Mr. Ola Schultz-Eklund (Sr. VP of Technology)

Products/ Services
Forestry, Manufacturing, Paper Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Fuenlabrada, Madrid, Spain
Established
2000
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
HOLM-B.ST
Social Media
Overview
Location
Summary
Holmen AB (publ) produces and sells paperboards, papers, wood products, and renewable energy in Sweden, Germany, the United Kingdom, France, Italy, rest of Europe, Asia, and internationally. The company's Forest segment offers logs, pulpwood, and biofuel to sawmills, pulp mills, and paperboard and paper mills; and manages forests, which cover approximately one million hectares. Its Paperboard segment provides paperboards for consumer packaging to brand owners, converters, and wholesalers. The company's Paper segment offers papers for books, magazines, printed advertising, and packaging to publishers, printing firms, and retailers. Its Wood Products segment provides construction and joinery timber, CLT and glulam products, and wood for pallets and packaging to construction, joinery, and packaging industries, as well as builders' merchants; and operates sawmills. The company's Renewable Energy segment operates 21 hydro power stations; and wind farms with a capacity of approximately 1.2 TWh of electricity. Holmen AB (publ) was founded in 1609 and is headquartered in Stockholm, Sweden.
History

Holmen was originally called Mo och Domsjö AB , a Swedish company created in 1874.

Carl Kempe , a Pomeranian-born merchant, originally partnered with his brother-in-law, but was from 1836 single owner of a sawmill in Mo, at the river Moälven, near Örnsköldsvik in northern Sweden. Carl Kempe later established a steam-powered sawmill at Domsjö on Moälven. The latter has been running as an independent company called Domsjö Fabriker since 2000, and in 2011 it was acquired by India's Aditya Birla Group.

The company Mo och Domsjö AB was created in 1874 by Carl Kempe's sons from these holdings, among several other industries controlled by the Kempe family. It was led at various times by the brothers Bernhard , Wilhelm and Frans Kempe and remained in the control of the Kempe family for most of the next century.

Originally producing and exporting timber, the company moved into pulp and paper at the end of the 19th and early years of the 20th century and into wood-based chemicals during the middle part of the 20th century. The name was usually abbreviated to Modo and has since 1963 through sponsoring given name to the ice hockey team Modo Hockey.

The company was merged with the Norrköping-based industrial company Holmens Bruk AB in 1988 under the name Mo och Domsjö AB.

In February 2000, the group changed its name to Holmen AB.

In June 2016 the newsprint mill in Madrid, Spain, was sold to International Paper.

Mission
At Holmen, it is our mission to be an active and responsible part of the forest-based economy and society. We strive to create sustainable customer value through efficient operation and a commitment to innovation and high-quality products and services.
Vision
At Holmen, we are driven by a vision to be the leading supplier of forest-based products and services. We strive to be at the leading edge of technology and environmental stewardship, while maintaining our commitment to the development of sustainable business practices.
Key Team

Mr. Henrik Andersson (Sr. VP of Legal Affairs & Company Sec.)

Ms. Stina Sandell (Sr. VP of Sustainability & Communications)

Mr. Johan Padel (Sr. VP of Wood Products)

Ms. Gunilla Rolander (Sr. VP of HR)

Mr. Fredrik Nordqvist (Sr. VP of Renewable Energy)

Mr. Soren Petersson (Sr. VP of Forest)

Mr. Lars Lundin (Sr. VP of Paper)

Recognition and Awards
Holmen has been recognized by several industry awards, including the ENPI award for excellence in sustainable forest management and the Global Green Award for leadership in environmentally responsible forest management.
References

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Holmen
Leadership team

Mr. Henrik Sjolund (Pres, CEO & Director)

Mr. Anders Jernhall (Exec. VP & CFO)

Mr. Ola Schultz-Eklund (Sr. VP of Technology)

Products/ Services
Forestry, Manufacturing, Paper Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Fuenlabrada, Madrid, Spain
Established
2000
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
HOLM-B.ST
Social Media