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
Multibrands International Multibrands International Multibrands International is a multinational Fast-Moving Consumer Goods company with headquarters in Bradford (United Kingdom), Pune (India) and Suzhou (China). It was founded in 1998 by Imran and Rizwana Hussain in Bradford and it is known for manufacturing Home Care products, Personal Care products and Beverages and high performance LED bulbs. The company currently exports its products in more than 100 countries, thus covering extended areas of EU, the Middle East, Asia, USA, and the Southern Hemisphere. 1990–2001 In 1998, Multibrands is incorporated as a wholesale supply business trading in locally sourced global brands. In 1999, Multibrands sources