Thule Group

Malmo, Sweden Founded: 1942 • Age: 84 yrs
Manufacturer and supplier of body parts
Annual revenue $864.9M Latest available
Total funding - 4 rounds
Employees 2910 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Thule Group

Thule Group is a company based in Malmo (Sweden) founded in 1942. The company has 2,910 employees as of December 31, 2024. Thule Group has completed 4 acquisitions, including QuadLockCase, Snopro and SportRack. Thule Group offers products and services including Outdoor Products and Case Logic. Thule Group operates in a competitive market with competitors including DometicGroup, Axentia, Mont Blanc Group, Work System and Prestando, among others.

  • Headquarter Malmo, Sweden
  • Employees 2910 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Thule Group Ab
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $864.92 M (USD)
    4.48
    as on Dec 31, 2024
  • Net Profit
    $101.54 M (USD)
    2.09
    as on Dec 31, 2024
  • EBITDA
    $163.19 M (USD)
    2.27
    as on Dec 31, 2024
  • Latest Funding Round
    $504.88 K (USD), Grant

    Sep 01, 2011

  • Investors
  • Employee Count
    2910

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Thule Group

Thule Group is a publicly listed company on the OMXSTO with ticker symbol THULE in Sweden, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXSTO · Ticker: THULE · Sector: Consumer durables · Sweden

Products & Services of Thule Group

Thule Group offers a comprehensive portfolio of products and services, including Outdoor Products and Case Logic.

Product name locked
Category locked
Primary

Gear for active families and outdoor enthusiasts.

Product name locked
Category locked
Locked

Brand offering bags and cases for daily use.

People of Thule Group

Headcount 1000-5000
Employee Profiles 209
Board Members and Advisors 6
Employee Profiles
People
Pontus Vargvik
Industrial Designer
People
Susanna Boman Hughes
Digital Sales Director
People
Jorg van Lierop
Account Manager B2b Voor Case Logic & Thule Bags Sport And Outdoor
People
Jens Bloom
Manager Design Engineering Stroller & CCS

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Board Members and Advisors
people
Heléne Mellquist
Deputy Chair
people
Sarah McPhee
Board Member
people
Anders Jensen
Board Member
people
Helene Willberg
Board Member

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Funding Insights of Thule Group

Investors in Thule Group

Thule Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Science Foundation.

All
Institutional
Investor Description Founded Year Domain Location
A government-backed foundation providing seed-stage investments to support small businesses.
Locked Locked Locked
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Investor details for Thule Group

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  • Investor domains
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Thule Group

Thule Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include QuadLockCase, Snopro and SportRack.

Investments
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Investment portfolio details for Thule Group

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mounting solutions and protective cases for mobile devices are manufactured.
Locked Locked 2012 Locked
Rooftop tents for vehicles are manufactured and supplied.
Locked Locked 2011 Locked
Manufacturer of vehicles
Locked Locked 1999 Locked
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Complete acquisition details for Thule Group

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  • Transaction dates
  • Acquired stakes
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Financial Statements - Thule Group

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Detailed financials for Thule Group

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  • Profit trends
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Thule Group Comparisons

Thule Group Primary company
Description
Manufacturer and supplier of body parts
Location
Malmo, Sweden
Founded Year
1942
Annual Revenue
$864.92 M (USD)
Net Profit
$101.54 M (USD)
EBITDA
$163.19 M (USD)
Employees
2,910
As of 2024
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Peer comparison for Thule Group

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Competitors of Thule Group

Thule Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DometicGroup, Axentia, Mont Blanc Group, Work System and Prestando, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
DometicGroup | Dometicgroup United States
Locked Locked Locked
Display systems for public transport are manufactured by Axentia.
Locked Locked Locked
Manufacturer of roof racks, bike carriers, and cargo boxes
Locked Locked Locked
Offers van racking, storage systems, and accessories for commercial vehicles.
Locked Locked Locked
Produces high-quality automotive parts and accessories.
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Detailed competitors of Thule Group

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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Latest news on Thule Group

Resolutions at Thule Group’s Annual General Meeting 2026
MFN by Modular Finance2 months ago
Thule successfully completes its first bond issuance
MFN by Modular Finance2 months ago
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Complete news archive for Thule Group

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Frequently Asked Questions about Thule Group

Thule Group was founded in 1942 and raised its 1st funding round 67 years after it was founded.

Thule Group is headquartered in Malmo, Sweden.

As of Dec 31, 2024, the latest employee count at Thule Group is 2,910.

Annual revenue of Thule Group is $864.92M as on Dec 31, 2024.

Thule Group was established in 1942 in Malmö, Sweden. Automotive body parts, including roof racks and roof boxes, are produced, supplied, and exported by the company. Operations center on the manufacturing of car components within the automotive sector. Focus is placed on quality production for vehicle accessories, serving global markets from the Swedish base.

Thule Group's top competitors include DometicGroup, Axentia and Mont Blanc Group.

Thule Group offers Outdoor Products and Case Logic.

Yes, Thule Group is publicly traded on OMXSTO under the ticker symbol THULE.

Thule Group has made 4 acquisitions, including QuadLockCase, Snopro, and SportRack.

Thule Group has 1 investor. Key investors include National Science Foundation.

The ticker symbol of Thule Group is THULE on OMXSTO.

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