IKEA IKEA IKEA (, ) is a Swedish-founded multinational group that designs and sells , kitchen appliances and home accessories, among other useful goods and occasionally home services. It has been the world's largest furniture retailer since at least 2008. It was founded in Sweden in 1943 by 17-year-old carpenter, Ingvar Kamprad, who was listed by "Forbes" in 2015 as one of the ten richest people in the world, worth more than $40 billion. The company's name is an acronym that consists of the initials of Ingvar Kamprad (name of founder), Elmtaryd (the farm where he grew up), and Agunnaryd (his
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