IKEA head against publicity: the company will never go to IPO

The founder of IKEA Ingvar Kamprad in an interview with the Swedish magazine Bilanz said that the furniture company will never go to an IPO, and also denied what is being retired, writes The Local .

“The company will never enter the market ... We want to maintain strict self -financing,” Gazeta.Ru quoted Campada.

At the same time, the founder of IKEA denied earlier reports in the media that he was departing and transferring management to his sons to the company.

“Oh, I have so much work and there is no time to die,” said IKEA founder.

Kamprad founded a furniture giant in 1943 in the south of Sweden. In March, the Bloomberg agency called him the richest person in Europe with a state estimated at $ 40 billion.

The fact that the founder of the Swedish manufacturer of IKEA furniture Ingvar Kamprad transfers the management of the company to its three sons in mid -September , the Swedish newspaper The Local.

"For Ingvara, Kamprad, it is important that the next generation still takes an active part in the future developments of his group, as well as he used to," said Campada spokesman Per Höggens.

The announcement was made during the 86th birthday of Kamprad.

"It was a natural moment for the family to determine the future roles and responsibilities of the three sons," Highgen said.

As reported, the sons of Kamprad Junas, Matias and Peter will take on one of three IKEA groups. Kamprad will not work in the company, and will also try not to give advice, as before, said the chairman of the Dutch company, which includes all IKEA family enterprises, Goran Grososcope.

“For many years, he tried to cultivate competence in his sons, and here he was really wise. I have no fears that a change in generations would create some problems,” Grososcope said.