Wallenberg Sphere Merges Investment Arms to Streamline Assets

The Wallenberg family is merging its investment company FAM into Wallenberg Investments AB to create a unified structure for managing the foundations' growing asset portfolio.Håkan Buskhe will leave his role as CEO of FAM to serve as vice president of the consolidated entity, while Dick Lundqvist remains the chief executive officer under Chairman Marcus Wallenberg.The reorganization establishes five specialized investment units to oversee major holdings like SKF and Stora Enso to ensure long-term funding for Swedish research and education.