HMS Bundle

Who Owns HMS Networks?
Understanding HMS Networks' ownership is key to grasping its strategy and market position. Founded in 1988, the company has grown into a global leader in Industrial ICT, connecting industrial hardware with IoT software.

The company's journey includes its listing on the Stockholm Stock Exchange by 1998, enhancing its capital and market presence. Its name, 'Hardware Meets Software,' highlights its core mission.
As of 2025, HMS Networks employs over 1,100 people globally and achieved sales of SEK 3,059 million in 2024. Its market capitalization was approximately SEK 21,828 million at the end of 2024. For a deeper dive into its operational environment, consider an HMS PESTEL Analysis.
Who Founded HMS?
HMS Company, established in 1988, was founded by Nicolas Hassbjer and Carl Staffan Dahlström. Emerging from a university thesis project, the company initially focused on sensor technology before pivoting to industrial communication. While specific early equity details are not public, the founders were key in shaping the company's direction.
Founder | Establishment Year | Initial Focus | Key Contribution |
---|---|---|---|
Nicolas Hassbjer | 1988 | Sensor Technology | Industrial Communication Specialization |
Carl Staffan Dahlström | 1988 | Sensor Technology | Industrial Communication Specialization |
Nicolas Hassbjer and Carl Staffan Dahlström founded HMS Company in 1988. Their initial work stemmed from a university thesis project, highlighting an academic foundation for the business.
The company's early focus on sensor technology quickly evolved. Recognizing a growing need, HMS Company shifted its emphasis to industrial communication solutions.
Initial business activities included offering consultant services and manufacturing hardware. This dual approach allowed HMS Company to engage directly with industrial connectivity challenges.
The introduction of the Anybus Communicator in 1994 was a significant development. This gateway facilitated communication between various industrial protocols, a crucial step for the company.
The Anybus technology aimed to make automation devices network-neutral. This innovation addressed a key industry problem, leading to widespread adoption and establishing a de-facto standard.
The company's early commitment to solving industrial connectivity issues laid a strong foundation. This strategic focus guided HMS Company's subsequent growth and market positioning.
The early expansion of HMS Company involved both consultant services and hardware manufacturing, which naturally positioned them within the burgeoning field of industrial communication. The launch of the Anybus Communicator in 1994, a device designed to bridge different industrial protocols, proved to be a pivotal moment. This innovation, which aimed to create network-neutral automation devices, quickly gained traction and became a widely accepted standard in automation technology, influencing the Competitors Landscape of HMS. This early emphasis on addressing practical problems in industrial connectivity was fundamental to HMS Company's strategic trajectory and subsequent expansion.
The founders' vision and early strategic decisions were crucial for HMS Company's establishment and growth. Their focus on innovation in industrial communication set the company apart.
- Founders: Nicolas Hassbjer and Carl Staffan Dahlström
- Establishment: 1988, originating from a university thesis project
- Initial Focus: Sensor technology, quickly transitioning to industrial communication
- Key Product: Anybus Communicator (1994), a gateway for industrial protocols
- Strategic Advantage: Development of network-neutral technology
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How Has HMS’s Ownership Changed Over Time?
HMS Networks' journey to its current ownership structure began with its transition to a public company, listing on the Stockholm Stock Exchange in 1998. This pivotal move facilitated capital acquisition for growth and strategic acquisitions, culminating in its application for listing on the OMX Nordic Exchange in Stockholm in 2007. The company further solidified its public status by moving to Nasdaq's Large Cap list on January 3, 2022.
Shareholder | Percentage of Ownership | Number of Shares |
---|---|---|
Investment AB Latour | 25.86% | 13,014,532 |
Carl Staffan Dahlström | 12.14% | 6,106,510 |
AMF Fonder AB | 8.725% | 4,390,459 |
SEB Investment Management AB | 6.8% | |
Första AP-fonden | 6.286% | 3,163,213 |
State Street Bank & Trust | 3.5% |
The current HMS Company ownership structure is characterized by a significant concentration among institutional investors and key individuals. As of June 30, 2025, Investment AB Latour holds the largest stake at 25.86%. Co-founder and CEO Carl Staffan Dahlström also maintains a substantial individual ownership of 12.14%, underscoring the deep involvement of its founders. Other major institutional stakeholders include AMF Fonder AB with 8.725% and Första AP-fonden with 6.286%. SEB Investment Management AB and State Street Bank & Trust also represent notable holdings. Collectively, the ten largest shareholders commanded 72.5% of the votes and capital as of December 31, 2024, out of a total of 50,318,868 shares, all of which carry equal voting rights. This distribution highlights a robust institutional backing for the company.
Understanding who owns HMS Company is crucial for assessing its strategic direction and stability. The company's public trading status means ownership is distributed, but significant influence resides with a few key entities.
- Investment AB Latour is the largest shareholder.
- Co-founder Carl Staffan Dahlström is a significant individual owner.
- Major institutional investors like AMF Fonder AB and Första AP-fonden play a vital role.
- The top ten shareholders control a substantial majority of the company's capital and votes.
- The company's listing on Nasdaq's Large Cap list reflects its market prominence.
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Who Sits on HMS’s Board?
The current Board of Directors for HMS Networks is instrumental in the company's governance, overseeing its operations on behalf of shareholders. As of the Annual General Meeting on April 25, 2025, the board comprises six elected members and two employee representatives, ensuring a diverse range of perspectives in decision-making.
Board Member | Role | Independence Status |
---|---|---|
Charlotte Brogren | Chairman | Independent from the company and its main owners |
Anders Mörck | Board Member | Independent from the company, but not from its main owners (CFO at Investment AB Latour) |
Cecilia Wachtmeister | Board Member | Independent from the company and its main owners |
Niklas Edling | Board Member | Independent from the company and its main owners |
Anna Kleine | Board Member | Independent from the company and its main owners |
Johan Stakeberg | Board Member | Independent from the company and its main owners |
Mikael Mårtensson | Employee Representative | Joined the board in 2019 |
Richard Gonsalves | Employee Representative | Joined the board in April 2024 |
The voting power within HMS Networks is structured to ensure equitable representation, with a fundamental one-share-one-vote principle in place. This means that all 50,318,868 issued shares carry identical voting rights, preventing any disproportionate influence by a single shareholder. This structure is key to understanding HMS Company ownership and the distribution of voting power among its stakeholders.
The board's effectiveness is further enhanced through specialized committees. These committees allow for focused attention on critical governance areas, contributing to robust oversight and strategic direction.
- The Remuneration Committee addresses executive compensation and incentives.
- The Audit Committee oversees financial reporting and internal controls.
- The Strategy Committee focuses on long-term company direction and market positioning.
- The one-share-one-vote principle ensures fair representation for all HMS Company stakeholders.
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What Recent Changes Have Shaped HMS’s Ownership Landscape?
Over the past few years, HMS Networks has strategically expanded its market presence through key acquisitions, notably Red Lion Controls in April 2024 and PEAK-System Technik GmbH in November 2024. These moves aim to strengthen its position in the Industrial ICT sector. The company's ownership structure remains largely stable, with institutional investors holding a significant portion of shares.
Acquisition | Date | Details |
Red Lion Controls | April 2024 | Expansion of Industrial ICT offerings |
PEAK-System Technik GmbH | November 1, 2024 | Acquisition of 100% of shares for EUR 69 million, projected to be accretive to EPS |
In 2024, HMS Networks reported sales of SEK 3,059 million, a marginal increase from SEK 3,025 million in 2023. The company's adjusted operating margin stood at 21.8% for 2024, falling short of its 25% long-term target. No dividends were paid for the 2024 financial year, with profits retained. As of July 17, 2025, 62 institutional owners collectively held 2,276,477 shares, indicating substantial institutional backing. Shareholder dilution has been minimal over the past year. The company is focused on its strategic goals for 2025, aiming to be a leader in Industrial ICT, with further strategic insights to be shared at its Capital Markets Day on September 9, 2025. Understanding the Marketing Strategy of HMS provides context for these growth initiatives.
HMS Networks acquired Red Lion Controls in April 2024 and PEAK-System Technik GmbH in November 2024. These acquisitions bolster its Industrial ICT capabilities.
Sales reached SEK 3,059 million in 2024. The adjusted operating margin was 21.8%, and no dividends were distributed for the 2024 financial year.
As of July 17, 2025, 62 institutional owners held a total of 2,276,477 shares. This indicates significant backing from institutional investors.
The company is focused on its 2025 strategic agenda to become a leading Industrial ICT company. Further details will be shared at the Capital Markets Day in September 2025.
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