29 March 2024, 05:37
By Furniture News Jan 30, 2018

Ikea founder Ingvar Kamprad passes away

The founder of Ikea and Ikano, Ingvar Kamprad, peacefully passed away at his home in Småland, Sweden, on the 27th of January. He died at the age of 91, following a short illness.

Ingvar was born in 1926 in Småland in southern Sweden. At the early age of 17 he founded Ikea, and the business became his lifelong commitment.

“We are deeply saddened by Ingvar’s passing. We will remember his dedication and commitment to always side with the many people. To never give up, always try to become better and lead by example”, says Torbjörn Lööf, CEO and president of Inter Ikea Group.

Since 1988 Ingvar Kamprad had not had an operational role within Ikea, but he continued to contribute to the business in the role of senior advisor.

”We are mourning the loss of our founder and dear friend Ingvar. His legacy will be admired for many years to come and his vision – to create a better everyday life for the many people – will continue to guide and inspire us”, says Jesper Brodin, CEO and president of the IKEA Group.

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