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Edvard Hugo Stenbeck (15 October 1890 – 6 January 1977) was a Swedish lawyer and founder of Investment AB Kinnevik. He belonged to a group called in to investigate the collapse of Ivar Kreuger's financial empire.
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Stenbeck is the granddaughter of Hugo Stenbeck (1890 – 1977), a Swedish industrialist and lawyer who was one of the co-founders of the family company, Kinnevik AB.
It is with great sadness that MTG AB announces that the Founder and Chairman of the company, Mr. Jan Hugo Stenbeck, has passed away at the age of 59 years old. Mr. Stenbeck suffered a heart attack at the American Hospital in Paris on Monday night after a brief illness.
Edvard Hugo Stenbeck (15 October 1890 – 6 January 1977) was a Swedish lawyer and founder of Investment AB Kinnevik. He belonged to a group called in to investigate the collapse of Ivar Kreuger's financial empire.
Hugo Stenbeck replaced Wilhelm Klingspor as chairman of Kinnevik in the early 1960s. Shortly thereafter, Hugo Stenbeck's oldest son, Hugo Stenbeck Jr, became managing director of the company. [ 9 ]
Kinnevik was founded as an investment company in 1936 by Hugo Stenbeck, Wilhelm Klingspor and Robert von Horn. At the beginning, the company’s key assets were in agriculture, candy and forestry through shares in Mellersta Sveriges Lantbruks AB, Lidköpings Konfektyr Industri AB and Korsnäs Sågverks AB.
