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Thule Group recognized as a global sustainability leader by Sustainalytics
Thule Group has been named one of the top 50 most sustainable companies worldwide in Sustainalytics’ 2025 ESG Top-Rated Companies List. Ranking 1st in the Consumer Durables category out of 208 companies and 50th globally out of 15,111, Thule Group has demonstrated industry-leading environmental, social, and governance (ESG) performance. With an ESG Risk Rating of 7.1, categorized as “Negligible Risk”, Thule Group is among the most responsibly managed companies in the world.
Invitation to conference call with web presentation of Thule Group’s Year-end report, 2024
On Friday, February 7, 2025 at 07:45 a.m. (CET) Thule Group AB (publ) will publish the Year-End report and report for the fourth quarter (October-December), 2024. Following the report’s publication, Thule Group will arrange a conference call with a web presentation.
Change in the number of shares and votes in Thule Group
According to the Swedish Financial Instruments Trading Act (1991:980), Swedish companies whose shares are listed on a regulated market and which increase or decrease the total number of shares or votes in the company are to disclose such changes on the last trading day the same month.
Invitation to investor meeting on January 8
On Wednesday, January 8, 2025 at 14:00 CET, Thule Group will host a conference call with a web presentation. The purpose of the call is to provide investors with a brief update and an opportunity to ask questions before Thule Group enters its silent period. The full-year results will be published on February 7.
Thule Group completes the acquisition of Quad Lock
On November 11, 2024, Thule Group announced the acquisition of Quad Lock, the global market leader in performance phone mount solutions, giving cyclists, motorcyclists, and other adventurers access to their mobile phones while being active. The acquisition was subject to regulatory approval from the Australian Foreign Investment Review Board, which now has been obtained. The acquisition has today been completed and Quad Lock is part of Thule Group as of December 4, 2024.
Thule Group acquires Quad Lock, the global market leader in performance phone mounts
Thule Group has signed an agreement to acquire Quad Lock, the global market leader in performance phone mount solutions, giving cyclists, motorcyclists and other adventurers access to their mobile phones while being active. Quad Lock has a turnover of SEK 1.4 billion with a 25 percent EBITDA margin, and fits well with Thule’s brand and strategy of developing market-leading positions in attractive niches. The purchase price amounts to AUD 500 million, or approximately SEK 3.6 billion, which corresponds to a multiple of 10x EBITDA.