IKEA making it one of the largest users of wood in the retail sector. Most of IKEA's stores and factories were previously owned by INGKA, a holding company controlled by the Stichting INGKA Foundation, one of the 40 wealthiest foundations in the world. Ingvar Kamprad founded IKEA in 1943 as a mostly mail-order sales business. It began to sell furniture five years later. The first Möbel-IKÉA store was opened in Älmhult, Småland, in 1958 (Möbel means "furniture" in Swedish). The first stores outside Sweden were opened in Norway (1963) and Denmark (1969). The stores spread to other parts of Europe in
International Home Foods International Home Foods International Home Foods was an American manufacturer, distributor and marketer of food products, based in Papsippany, New Jersey. It was acquired in June 2000 by ConAgra Foods in a $2.9 Billion dollar deal. Its best known brands were Chef Boyardee pasta products, PAM cooking spray, Bumble Bee Seafood, and Gulden's mustard. International Home Foods was formed in November 1996 when American Home Products spun off its food business, which was acquired by Hicks, Muse, Tate & Furst and C. Dean Metropoulos & Co. The latter paid $1.2 Billion to acquire 80% of International Home Foods, and grew