Dustin AB

Last updated
Dustin AB
Company type Aktiebolag
Industry Retail
Founded1984
Key people
Bo Lundevall Founder,
Ulla Lundevall Founder
Johan Karlsson President & CEO
Thomas Ekman Chairperson of the Board
Website Dustin
Dustin home

Dustin is a Swedish company specializing in IT. It is active in the Nordics and in the Benelux.

Contents

Dustin has approximately 2,200 employees and a turnover of 23.6 billion Swedish kronor in the fiscal year of 2022/2023. The company was listed on the Stockholm Stock Exchange in 2015.

Dustin was founded by the couple Bo and Ulla Lundevall in 1984 as a side business in a zoo shop in the Stockholm suburb Farsta selling computer accessories such as colored diskettes via mail order. In 1995, Dustin started selling products via the internet. Dustin was acquired in 2006 by the risk capital company Altor Equity Partners. [1] Dustin Group was listed on the Stockholm Stock Exchange in 2015. [2]

In 2004, the subsidiary company Dustin Home was founded, which is aimed at private individuals. Before that, the Dustin brand was aimed at both private individuals and companies. In 2007, Dustin acquired the companies TCM [3] and Computerstore A/S. [4]

In 2008, Dustin Home was established in Denmark, in 2009 in Norway and in 2016 in Finland. [5]

In 2012, IT-Hantverkarna was acquired by Dustin. [6] and Best Office [7] and Norsk Data Senter (NDS). In 2013, Finnish Businessforum was acquired. In 2015 acquisition of Commsec in Sweden and Resolute in Finland and in 2016 acquisition of Swedish Idenet and Norwegian IKT Gruppen. In 2017, Norwegian companies Core Services and Purit were acquired. Norriqs, a Danish company, and Saldab IT AB, a Swedish company, were also acquired in the same year. In 2018 and 2022, Dustin expanded to the Netherlands and Belgium through the acquisition of Vincere Groep and Centralpoint, respectively.

Dustin Financial Services AB

Dustin Financial Services AB was founded in 2007 as a subsidiary of Dustin. In 2015, it was sold to De Lage Landen Finance.

Sources

  1. "Altor: About Dustin". Archived from the original on 2011-06-17. Retrieved 2011-03-05.
  2. "IPO of Dustin Group on Nasdaq Stockholm" (PDF) (in Swedish). Dustin. Archived from the original (PDF) on 5 June 2022. Retrieved 5 June 2022.
  3. "Dustin weaves TCM" (PDF) (in Swedish). Dustin. 2007-03-13. Archived from the original (PDF) on 2007-09-28. Retrieved 2007-07-08.
  4. "Pressrelease from Dustin" (PDF) (in Swedish). Archived from the original (PDF) on 2007-09-28.
  5. "Dustin enters the Norwegian business market" (PDF) (in Swedish). Dustin. 2010-04-27. Archived from the original (PDF) on February 9, 2017. Retrieved 2010-07-10.
  6. "Dustin acquires Hantverkarna" (PDF) (in Swedish). Dustin. 2012-07-06. Archived from the original on 2 February 2015. Retrieved 2012-07-06.
  7. "Dustin acquires Best Office" (PDF) (in Swedish). Dustin. 2012-07-13. Archived from the original (PDF) on 2 February 2015. Retrieved 2012-07-13.

Related Research Articles

<span class="mw-page-title-main">Nordea</span> Nordic financial institution

Nordea Bank Abp, commonly referred to as Nordea, is a Nordic financial services group operating in northern Europe with headquarters in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Polish bank in 2014, Baltic operations in 2019 and completed the exit from Russia in early 2022 following a 2019 decision to close the business there. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US.

<span class="mw-page-title-main">Telia Company</span> Swedish multinational telecommunication provider

Telia Company AB is a Swedish multinational telecommunications company and mobile network operator present in Sweden, Finland, Norway, Denmark, Estonia, Latvia and Lithuania.

<span class="mw-page-title-main">Securitas AB</span> Swedish security services company

Securitas AB is a security services, monitoring, consulting and investigation group based in Stockholm, Sweden. The group has over 300,000 employees in 53 countries worldwide. Securitas AB is listed at Nasdaq OMX Stockholm, Large Cap segment.

<span class="mw-page-title-main">Nobina Sverige</span>

Nobina Sverige AB, former Swebus AB, is the largest bus operator in Sweden, with 5,277 employees, 2,241 buses and net sales of 5,138 million SEK. It was owned by the Swedish State Railways until October 1996, when it was sold to Stagecoach Group, and then later, in January 2000, to Concordia Bus.

<span class="mw-page-title-main">Nasdaq Nordic</span> Swedish-based subsidiary of Nasdaq, Inc.

Nasdaq Nordic is the common name for the subsidiaries of Nasdaq, Inc. that provide financial services and operate marketplaces for securities in the Nordic and Baltic regions of Europe.

<span class="mw-page-title-main">Electrolux</span> Swedish multinational home appliance manufacturer

Electrolux AB is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool.

Assa Abloy AB is a Swedish conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation. Related products and services include controlling access and confirming identities with keys, cards, tags, mobile, and biometric identity verification systems.

<span class="mw-page-title-main">Handelsbanken</span> Swedish bank

Svenska Handelsbanken AB is a Swedish bank providing banking services including traditional corporate transactions, investment banking and trading as well as consumer banking including insurance. Handelsbanken is one of the major banks in Sweden with a nationwide branch network.

<span class="mw-page-title-main">SAS Group</span> Airline holding company based in Sweden

SAS AB, trading as SAS Group, is an airline holding company headquartered in the SAS Frösundavik Office Building in Solna Municipality, Sweden. It is the owner of the airlines Scandinavian Airlines and SAS Connect. SAS once owned 19.9% of the now defunct Spanish airline Spanair as well as shares in Estonian Air and Skyways Express. SAS Group is partially owned by the governments of Sweden and Denmark with a 14.82% and 14.24% holding, respectively. The remaining 70.92% is held by private shareholders, of which Foundation Asset Management owns 6.50%. The company is listed on the Oslo Stock Exchange, the Stockholm Stock Exchange, and the Copenhagen Stock Exchange.

<span class="mw-page-title-main">Nasdaq, Inc.</span> American multinational financial services corporation

Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange, the Philadelphia Stock Exchange, and the Boston Stock Exchange, and seven European stock exchanges: Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, and Nasdaq Vilnius. It is headquartered in New York City, and its president and chief executive officer is Adena Friedman.

<span class="mw-page-title-main">Tietoevry</span> Finnish IT software and service company

Tietoevry Corporation is a Finnish IT software and service company providing IT and product engineering services. Tietoevry is domiciled in Espoo, Finland, and the company's shares are listed on the NASDAQ OMX Helsinki, NASDAQ OMX Stockholm and Oslo Stock Exchange. Tietoevry has approximately 24,000 employees across 20 countries, and has customers in the energy, forestry, banking, healthcare and public sectors.

Falck A/S is a Danish organization with activities in most areas of Europe and representation on five continents. It has four business areas: healthcare, assistance, safety services and emergency assistance. The firm has 27,000 employees in 30 countries. The company's current CEO is Jakob Riis.

<span class="mw-page-title-main">Scandic Hotels</span> Swedish hotel chain

Scandic Hotels is a hotel chain headquartered in Stockholm, Sweden, with its main operations in the Nordic countries. Alongside hotels in Sweden, Norway, Finland and Denmark, the company also has a presence in Germany and Poland. As of 31 December 2018, the company has 11,560 employees and operates 283 hotels with 51,693 guest rooms. The company has stated that is an ecologically sustainable business since 1994.

<span class="mw-page-title-main">WM-data</span> Swedish IT consultancy company

WM-data was a Swedish IT consultancy company based in Stockholm, and was completely incorporated by Logica on 27 February 2008. The company was quoted on the Stockholm Stock Exchange (SSE) as a member of the A-list, but after LogicaCMG's acquisition, WM-data was dequoted. The company was active in the Nordic countries, including Sweden, Norway, Denmark and Finland, and had around 9,000 employees. There were local offices in Estonia and Poland as well, which are now Logica offices. In 2005, it realised a turnover of 10 billion SEK.

NASDAQ OMX Commodities Europe is a trade name of NASDAQ OMX Oslo ASA, the single financial energy market for Norway, Denmark, Sweden and Finland. Before 1 November 2010, it was known by the name Nord Pool. As of 2008, Nord Pool was the largest power derivatives exchange and the second largest exchange in European Union emission allowances (EUAs) and global certified emission reductions (CERs) trading.

<span class="mw-page-title-main">YIT</span>

YIT Oyj is the largest Finnish and a significant North European construction company. YIT is headquartered in Helsinki and its stock is listed on Nasdaq Helsinki Oy. YIT develops and builds apartments, business premises and entire areas. YIT is also specialised in demanding infrastructure construction and paving. YIT operates in 11 countries: Finland, Russia, Scandinavia, the Baltic States, the Czech Republic, Slovakia and Poland.

Innofactor Plc is a Finnish software provider focused on Microsoft solutions in the Nordic Countries. Innofactor delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus area in its own product development is Microsoft's cloud solutions. In 2021 approximately half of Innofactor's net sales came from recurring contracts. Innofactor's customers include over 1,000 private and public sector organizations.

<span class="mw-page-title-main">Nobina</span> Bus transport group in the Nordic region

Nobina AB is the largest bus transport group in the Nordic region, serving markets in Denmark, Finland, Norway and Sweden with a total of 3,347 buses (2014). Since 2005 the group is based in Stockholm.

<span class="mw-page-title-main">Bank Norwegian</span>

Bank Norwegian is a Norwegian digital bank which provides loans, credit cards and savings accounts to consumers. The company was founded in November 2007 and is headquartered at Fornebu, Norway and have customers in Norway, Sweden, Denmark, Finland, Germany and Spain. Bank Norwegian cooperates with Norwegian Air Shuttle ASA on their loyalty program available in selected markets. in 2021, the bank has more than 1,7 million customers in total.

Pandox AB is a hotel property company. The company engages in ownership and management of hotel property. Pandox leases its hotel properties to hotel operators or runs hotel operations in its own hotel properties. Pandox owns approximately 150 hotel properties with a total of 35,000 hotel rooms. The hotel properties are located in 15 European countries.