IKEA is a very popular retail chain specializing in the supply of high quality household items and home furnishings at affordable and attractive prices. IKEA has stores all over the world and is currently valued at over $ 58.7 billion!
However, you may be wondering if IKEA is currently in the public eye and if it intends to make an IPO. That’s all I found out!
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Will IKEA be listed on the stock exchange in 2021?
IKEA is a private company, so the company will not be listed on any stock exchange in 2021. Instead, IKEA belongs to the INGKA Stichting Foundation, which was founded by IKEA founder Ingvar Kamprad. In addition, IKEA does not intend to go public or offer an IPO in the future.
Has IKEA been listed on the stock exchange before?
IKEA has never been publicly traded on the stock exchange. This is due to the fact that the INGKA Foundation owns all the company’s shares and has done so from the beginning.
IKEA and the INGKA Foundation are currently owned by the Kamprad family, which means that the business has been passed down for generations and is likely to last for many years, so it is unlikely that IKEA will go public.
What is INGKA and how is the company structure structured?
INGKA was founded in 1982 by Ingvar Kamprad, who originally founded the company IKEA in 1943. The INGKA Foundation exists mainly to keep the IKEA company firmly in the hands of the company.
In addition, a large part of INGKA’s supervisory board consists of the Ingvar Kamprad family.
In addition, the INGKA Group implements an extremely important and sensible takeover protection system that protects the company from a violent or voluntary takeover by a larger company.
Will IKEA ever go public?
At this point it is very unlikely. IKEA is a wholly private company with all shares and shares wholly owned by the INGKA Foundation, which is made up of the family and other representatives of the Foundation.
IKEA also doesn’t want the company to be taken over by larger corporations or other larger managers. Therefore, the INGVAR Foundation has implemented an anti-takeover protection system to prevent such a situation.
Can you buy IKEA shares?
Getting involved in the stock market and buying stocks has gotten a lot easier in recent years with apps like eToro, Robinhood, and Acorns, which allow absolutely anyone to enter the market.
However, due to the corporate structure of IKEA, it is impossible to buy any number of shares in IKEA as it is exclusively owned by the INGKA foundation, which prevents the company from being sold or the shares exiting.
Are there any competitors at IKEA who are on the stock exchange?
Due to the fact that IKEA is not publicly traded on the stock exchange, many investors on the stock exchange look for worthwhile investments from its closest competitors.
Some of the closest IKEA competitors trading on the stock exchange are:
This is one of the most valued companies in the stock market. Amazon specializes in selling anything you can think of and at incredibly cheap prices, which makes it an incredibly profitable business. Amazon stocks can be bought, but can cost a significant amount.
Like Amazon, Walmart sells a wide variety of goods, both in-store and online, including furniture, which form the foundation of the entire IKEA market. Like IKEA, Walmart sells its products at extremely affordable prices, which makes them easily accessible and therefore profitable.
Wayfair is an online shop that specializes in furniture and home accessories. Wayfair sources its products from thousands of suppliers around the world, which makes it a great place to buy all types of furniture. Wayfair is publicly traded on the stock exchange so instead of IKEA it can be a strong investment!
IKEA has never been a public company since the company was founded by Ingvar Kamprad in 1943. This is because the company is closely owned by the INGKA Foundation, which was founded in 1982 by IKEA founder Ingvar Kamprad.
The INGKA foundation prevents the hostile takeover of the company and means that the company will be 100% owned by the foundation in the near future.
Product inventory availability
IKEA updates stock availability several times an hour. This means that every time an item is sold, its sale is recorded and the stock status is updated accordingly.
- Product availability in an IKEA store
- Find or browse IKEA.com for your desired product.
- If you haven’t already done so, select the store to view its inventory. You can also change the selected IKEA store.
- You can now see the stock availability for the selected store.
Also read about: When does Walmart Restock