Ikano 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 the Kamprad family. Ikano has operations in 14 countries in Europe and Southeast Asia, divided into five business areas and a group services office: Subsidiaries include Ikano Bank AB, Ikano Bostad AB (Residential) and Ikano Försäkring AB (Insurance) in Sweden, as well as Ikano LLC in Russia, jointly owned with Credit Europe Bank. Its financial services
Ingvar Kamprad ("Fanny") Glatz was born in Radonitz (Radonice) in Bohemia in then-Austria-Hungary; they left Germany for Sweden in 1896. The surname Kamprad was a variant of "Comrade" and dates back to the 14th century; in the 19th century the Kamprad family had become wealthy estate owners in Thuringia. Achim Kamprad's mother was a distant relative of Paul von Hindenburg. Achim was the younger son of an estate owner and had bought the farm Elmtaryd (presently standardized "Älmtaryd") near the small village of Agunnaryd (now part of Ljungby Municipality) in the province of Småland; with 449 hectares of land it was the