Nordic Capital new owner of Thule
Private equity firm Nordic Capital acquires the Thule Group from the UK private equity firm Candover.
“Thule welcomes Nordic Capital as the new owner of Thule. Nordic Capital has followed us very closely during the past four years and mutual trust has been established. Strategically, we will continue with our buy and build strategy with the aim of creating a one billion Euro company by 2009”, comments Anders Pettersson, President & CEO for Thule.
Read more at: www.candover.com and www.nordiccapital.com
Thule acquires Anhaenger-center.com, a leading German rental
Malmö, May 8th, 2006 - Thule, the world leader in Sports Utility Transportation,
announces the acquisition of anhaenger-center.com, a leading German rental trailer
company. Anhaenger-center.com is family owned. The company is based in Neu Ulm
showing annual sales of € 2.5 million (23 MSEK) with good profitability.
“Germany has a huge potential when it comes to the Rental concept”, says Kenneth
Lundahl, Division President for Thule’s Trailer division. “Anhaenger-center.com is a
very good hub to enter the German market utilizing our know-how of the Scandinavian
Rental system”, Kenneth Lundahl continues.
“We welcome Thule as our new owner. The strong international brand and the support
from the Thule Rental organization will be vital to capture further growth in the German
market”, says Thomas Fichte, owner of Anhaenger-center.com.
Germany has around 55 million cars of which around 6 million have towbars. The
Rental market is strongly expanding foremost through new establishments at gas
stations. Anhaenger-center.com is the only full service provider on the German market
and has seen double digit growth rates since its start in 2001. During the integration
phase anhaenger-center.com will change name to Thule Rental.
For further information please contact:
Kenneth Lundahl, Division President Thule Trailers, phone: + 46 (0) 706302057
Daniel Oelker, SVP Corporate Communication, phone: + 46 (0)730 799004
Pressrelease (PDF) »».
Eldon Rental Trailer becomes Thule Rental
Eldon Rental Trailer have changed name into Thule Rental. All one-way rental trailers are currently being repainted with the new logo.
Thule Rental has started to rent local trailers at oil companies in Germany. We are represented at Shell and ESSO.
We can now see that there is interest in the Thule Rental rental concept also outside the Nordic countries. This will give us good possibilities to expand in the future.
Thule Rental has now gained a foothold at the Finnish market. There are now rental trailers represented at all leading oil companies in Finland: Teboil, Neste, Esso, Shell and ST1, from Sodankylä in the north to Hangö in the south.