TCM group

TCM Group is a leading innovative manufacturer of kitchens and furniture for bathrooms and storage, and is the company behind the brands Svane Køkkenet, Tvis Køkkener, and Nettoline.

TCM Group originates from one of Denmark's oldest kitchen manufacturers, Tvis Køkkener, founded in 1952 by carpenter Poul Frandsen. Together with Modulia, founded in 1965, industrial kitchen manufacturing was establised in the late 1960s, but without compromising the tradition of good craftsmanship.


Since then, ongoing investments in modern and high-tech machines at the factories in Jutland have secured TCM Group a position as one of Denmark's leading and most innovative manufacturers of kitchens and furniture for bathrooms and storage. 

Svane Køkkenet was established in 1992 and after years of close collaboration, they became part of TCM Group in 2005, when the Group acquired the brand.

In 2017, TCM Group acquired Nettoline with the brands Nettoline and kitchn.dk. Nettoline was founded in 1973 in Aulum, where it still has its own production unit.

In 2021, TCM Group entered into a strategic partnership with and acquired 45% stake in the e-commerce kitchen business Celebert, which today operates under the four brands kitchn.dk, billigskabe.dk, Celebert and Just Wood.

On November 24, 2017, TCM Group was listed on Nasdaq Copenhagen.

 


 

Management


Board of Directors:

 

 

Sanna Suvanto-Harsaae

Sanna Suvanto-Harsaae

Chairman of the company.
Chairman of Nomination Committee and Remuneration Committee and member of Audit Committee.
Independent. 
Danish and Finnish nationality.
Number of shares: 19.871

Other positions include among others: Chairman of the board of BoConcept A/S, Babysam A/S, Isadora AB, Pet Care group A/S, Pasti Oy, boardmember of Broman Group Oyj, CEPOS, Harvia Oyj, SAS AB.

 

Anders Skole-Sørensen

Anders Skole-Sørensen

Deputy Chairman.
Chairman of Audit Committee and member of Nomination Committee and Remuneration Committee.
Independent.
Danish nationality.
Number of shares: 7,653

Other positions include among others: CFO at Matas A/S, board member F. Uhrenholt Holding A/S.

 

Carsten Bjerg

Carsten Bjerg

Board member.
Member of Nomination Committee and Remuneration Committee.
Independent.
Danish nationality.
Number of shares: 2,441

Other positions include among others: Chairman of the board Hydrema Holding ApS, Arminox A/S, Bjerringbro-Silkeborg Håndbold A/S and Ellepot A/S, deputy chairman of the board Rockwool International A/S and board member Vestas Wind Systems A/S.

 

 

Søren Mygind Eskildsen

Søren Mygind Eskildsen

Board member.
Independent.
Danish nationality.
Number of shares: 3,850

Other positions include among others: CEO at Louis Poulsen A/S, board member Egetæpper A/S.

 

 

Danny Feltmann Espersen

Danny Feltmann Espersen

Board member.
Independent.
Danish nationality.
Number of shares: 4,400

Other positions include among others: CEO at Menu Holding A/S and associated entities.



Executive Management:

 

 

Torben Paulin

Torben Paulin

Chief Executive Officer since 2020.
Danish nationality.
Advanced Business Development, CFL
Number of shares: 10,000

Other positions include among others: Chairman of the board Skorstensgaard A/S, board member Zefyr Invest I A/S.
Previous experience include: Frandsen Group (CEO/bestyrelsesformand), Nordisk Dæk Import (CEO) and BoConcept (CEO).

 

 

Mogens Elbrønd Pedersen

Mogens Elbrønd Pedersen

Chief Financial Officer since 2015.
Danish nationality.
B.Sc. Business Administration.
Number of shares: 39,902

Previous experience include: Bang & Olufsen, Bestseller and PwC.

 


 

Key financials