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Ikano

June 17, 2005

The IKANO group acquired Invest for Excel Enterprise licenses to all of their business areas: finance, real estate, asset management, insurance and retail.

IKANO is a family owned group of companies originating from the IKEA chain of home furnishing stores. Since independence in 1988, IKANO has specialized and grown steadily in the areas of finance, real estate, asset management, insurance and retail.

The IKANO Group head office is located in Luxembourg.

IKANO Finance provides services such as store cards, loyalty cards, credit cards, CRM services, niche banking, leasing, personal loans, and sales supporting insurances. IKANO Finance Management AB is located in Lund, Sweden.

IKANO Real Estate develops and manages retail, residential and office properties in Sweden and the Czech Republic.

IKANO Asset Management provides asset management and related services to private and institutional investors. The activities are carried out by IKANO Fund Management in Luxembourg.

IKANO Insurance underwrites and provides life and non-life insurance solutions throughout the whole world via Dutch Nordic Life Insurance Company N.V. (DNLIC), Dutch Nordic Insurance Company N.V. (DNIC) and IKANO Re S.A.

IKANO Insurance also operates Pinewood Insurance Company, a US insurer of a workman's compensation program.

IKANO Retail is primarily active within the area of home furnishings with two separate companies, the Habitat chain and IKANO Pte., franchisee of two IKEA stores and a power centre. The retail business area employs more than 2,900 employees throughout Europe and Asia. The Habitat chain is headquartered in London, UK and the IKANO Pte. Ltd. IKEA franchise) is located in Singapore.

www.ikanogroup.com

 

 

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