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Business - Melker Schorling, Sweden`s quiet tycoon with the Midas touch

By Mia Shanley and Niklas Pollard STOCKHOLM (Reuters) - Business tycoon Melker Schorling, one of Sweden`s most prominent investors, says he is well-positioned to expand his 60 billion crown ($7 billion) investment empire even as he prepares to hand over affairs to his daughters. MSAB, the holding company he set up in 1999 which spans a diverse set of companies from measurement technology to locks and guards, has consistently outperformed larger rivals. Investors attribute Schorling`s success to a knack for picking small specialists which go on to become global market leaders.

Sunday, July 24, 2016  13:00

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