Ikano include mortgage loans, consumer loans, and loyalty cards for retailers and the residential operations consist of rental and tenant owned apartments in various locations in Sweden. Ikano owns the IKEA franchise rights for Malaysia, Singapore and Thailand, and operates IKEA stores in these markets. In 2015, Lars Thorsén succeeded Arja Taaveniku as CEO of Ikano Group. Ikano Ikano Group is a privately held international group of companies with the parent company Ikano S.A. based in Luxembourg. It was originally a part of IKEA, which was founded by Ingvar Kamprad, then became independent in 1988, and has since been owned by
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