AAK Investor Relations Material

AarhusKarlshamn, or ​​AAK as they’re most commonly referred to, is a Swedish-Danish specialty oils and fats company that operates in the food and beverage industry. They provide solutions and ingredients to various sectors, including bakery, confectionery, dairy, and more. AAK specializes in the development and production of innovative fats and oils, with a focus on sustainability and responsible sourcing. AAK is headquartered in Malmö, Sweden and is listed on the Stockholm stock exchange.

AAK was born out of a merger between a Danish and a Swedish company called Aarhus united (the latter was in turn a conglomerate of different producers of specialty fats) and Karlshamn AB. The merger was completed in 2005 and the company decided to place their headquarters in Malmö on the southern tip of Sweden, just a short drive or train ride away from the Danish capital. The company jointly has a history spanning back to the late 1800’s and still has the same focus today: producing the best specialty fats and oils for their customers.

Some peers operating in the same market segment as AAK include names such as Bunge, Wilmar International, and Archer Daniels Midland Company.

As previously mentioned, AAK specializes in the production of high-quality fats and oils for various applications. Their product range includes vegetable oils, specialty fats, cocoa butter equivalents, and more. These ingredients are widely used in the food and beverage industry for applications such as bakery goods, confectionery, dairy products, and processed foods. For instance, their fats and oils are used to enhance the texture and flavor of baked goods, provide creaminess to dairy products, and create smooth chocolates. AAK's products are trusted by brands and manufacturers worldwide, ensuring consistent quality and functionality in their range of products

The company may have their roots in Northern Europe, but has managed to expand their business to a global audience and customer base. Much of the company’s operations is conducted in European and North American markets, but AAK also has a strong presence in Asia.