At the 2024 13D Monitor Active-Passive Investor Summit, Lars Forberg, founding partner of Cevian Capital, shared his insights on shareholder activism, comparing practices in Europe with those in the United States. With over 25 years of experience, Forberg emphasized Cevian’s long-term value creation strategy through active involvement in underperforming companies across Europe.
Cevian’s Approach: Long-Term Value Creation
Forberg explained that Cevian’s strategy is focused on taking significant positions in companies that have sound business fundamentals but are underperforming compared to their peers. Cevian works to improve governance and operational efficiency, driving margins and growth. By restructuring governance and aligning management with shareholders, they create long-term value, rather than pursuing short-term gains.
European vs. U.S. Activism: Governance and Shareholder Power
Forberg highlighted how European...
