Thule Group - M&A Summary and Business Overview

Consumer ProductsCompany

Thule Group M&A Summary

Thule Group has acquired 8 companies. A total of 4 acquisitions came from private equity firms. It has also divested 3 assets.

Thule Group’s largest acquisition to date was in 2016, when it acquired GMG B.V for $11M. Thule Group has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include consumer products (34%) and automotive (17%).

Thule Group Business Overview

Where is Thule Group headquartered?

Thule Group is headquartered in Malmo, Sweden.

What is Thule Group’s revenue?

Thule Group disclosed revenue of 9,132M SEK for 2023 and 10,138M SEK for 2022.

How many employees does Thule Group have?

Thule Group has 2,644 employees.

What sector is Thule Group in?

Thule Group is a consumer products company.

When was Thule Group founded?

Thule Group was founded in 1942.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity6
    • M&A Sell Activity3
  • Total Sectors Invested 5
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 7
  • M&A Advisors 1

Thule Group

Thule Group AB

Fosievagen 13,
Malmo, 214 31
Sweden,
46 4 06 35 90 00
www.thulegroup.com

The Thule Group is designs, produces, and markets a variety of products and brands that make it easy for people to transport their equipment securely and safely. The Thule Group was formed in 1942 and is based in Malmo, Sweden.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 6 - - - - - 6
vol $11M $11M
Sell (0.0/yr) # 3 - - - - - 3
  9

Most Recent M&A

Company Date Value Type
GMG B.V 2016-07-05 11M EUR Add-on Acquisition
Zwanenburg, Netherlands
BrenderUP Group AB 2014-04-01 - Divestiture
Malmo, Sweden · www.brenderup.se
Chariot Carriers, Inc. 2011-05-31 - Add-on Acquisition
Calgary, Alberta · www.chariotcarriers.com
TracRac, Inc. 2010-11-08 - Add-on Acquisition
Fall River, Massachusetts · www.tracrac.com
Thule - Roof Rail Business 2010-09-21 - Divestiture
, Sweden
United Welding Services, Inc. 2007-09-06 - Add-on Acquisition
Perry, Florida
Case Logic Wireless, Inc. 2007-05-01 - Add-on Acquisition
Longmont, Colorado · www.caselogic.com
C&C Distributors, Inc. 2004-01-20 - Add-on Acquisition
Newport, Arkansas
Eldon Holding AB 2001-03-01 - Divestiture
Madrid, Spain · www.eldon.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Thule, Inc.    - Advanced Accessory Systems 2006-09-06 1
Seymour, Connecticut · www.thule.com Sterling Heights, Michigan · www.advancedaccessorysystems.com

M&A by Sector

Sector Buy # Value Sell # Value
Manufacturing 1 (17%) - 2 (67%) -
Consumer Products 2 (33%) 11M (100%) - -
Automotive 1 (17%) - 1 (33%) -
Distribution 1 (17%) - - -
Technology Hardware 1 (17%) - - -
Total 6 $11M 3 -

By Geo

State/Country Buy Value Sell Value
United States 4 - - -
  Massachusetts 1 - - -
  Florida 1 - - -
  Colorado 1 - - -
  Arkansas 1 - - -
Sweden - - 2 -
Canada 1 - - -
  Alberta 1 - - -
Netherlands 1 11M - -
Spain - - 1 -
Domestic - - 2 (67%) -
Cross-border 6 (100%) 11M (100%) 1 (33%) -
Total 6 $11M 3 -

Top M&A Advisors

Financial Deals
Castlegreen Partners
 1

Deal Values

buy # Total
< $100M 1 $11M
TOTAL $11M
Largest GMG B.V
$11M (2016-07-05)

M&A Connections

Deals
Acquired from
Investor(s)
33%
2 (33%)
Divested to
Investor(s)
67%
2 (67%)
Strategic(s)
33%
1 (33%)

Company Summary

SECTOR

Consumer Products

Revenue

9,132   10% 2023
10,138   3% 2022
10,386   33% 2021
7,828   12% 2020
7,037   9% 2019
6,484   11% 2018
5,872   2017
(millions of SEK) Show More Show Less

Employees

2,644

Established

1942

Public

Stockholm Stock Exchange: THULE

 Subscribe to unlock this and 207,673
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Thule Group

Consumer Products Companies , Sweden Companies

Related Lists for Consumer Products Companies

Largest Consumer Products Companies , Acquisitive Consumer Products Companies , Recently Acquired Consumer Products Companies , Recently Sold Consumer Products Companies , Private Consumer Products Companies , Public Consumer Products Companies , Acquired Consumer Products Companies , PE Backed Consumer Products Companies

Related Lists for Sweden Companies

Largest Sweden Companies , Acquisitive Sweden Companies , Recently Acquired Sweden Companies , Recently Sold Sweden Companies , Private Sweden Companies , Public Sweden Companies , Acquired Sweden Companies , PE Backed Sweden Companies
Mergr

Product

Company

Legal