Ownership & organization
Since August 2012, Thermod has been a wholly owned subsidiary to listed company Lagercrantz. Along with about a dozen other group companies, we are part of the Niche Products division.
Lagercrantz is a technology group that offers value-creating technology, using both proprietary products and products from leading suppliers. The group consists of over 40 companies, each with a niche focus on a specific sub-market. High value-creation is common to all subsidiaries, including a high degree of customization, support, service and other services.
Lagercrantz is active in seven countries in Europe and China. The Group has more than 1,100 employees and approximately SEK 2.8 billion in annual revenue. The Group’s shares have been listed since 2001 on Nasdaq OMX Stockholm.
Part of Niche Products
The Lagercrantz Group is organized into four divisions.
Electronics offers special products in embedded electronics, industrial wireless communication, RFID and lighting control.
Mechatronics offers electric connections systems, electric installation materials, electric and electro-mechanical components and cabling.
Communications offers products, systems, services and support in network access, digital image transmission/technical security, and software.
Niche Products, the division in which Thermod belongs, includes profitable companies with strong market positions in interesting niches and with a large element of proprietary products.
Lagercrantz operations are decentralized, and each subsidiary is monitored according to clear objectives. This decentralization allows for a high degree of independence, with freedom and accountability for each subsidiary’s management team and business decisions made close to the customers and markets.
The businesses share a highly qualified technical sales process, selling only to other companies – “business-to-business” (B2B). Each subsidiary strives to develop a leading position in a narrow market, product or customer niche.
Organized to meet our customer’s needs
Thermod is organized to meet its customer’s needs within each of the target groups attracted by our products.
Thermod Group’s head offices and warehouse are located in Klässbol outside Arvika in the province of Värmland, Sweden. Our administration and customer service divisions are also located here. We also have regional offices in Stockholm and Ängelholm.
The Polish market is covered with its own organization through the subsidiary Thermod Polska.
All production is carried out in our own manufacturing unit Ampol Serwis in Poznán, Poland