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, kitchn og 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 Jylland have secured TCM Group a position as one of Denmark's leading and most innovative manufacturers of kitchens and furniture for bathrooms and storage.
In 2005, the group acquired the majority of Svane Køkkenet after years of close collaboration, and in 2017, TCM Group took over Nettoline with the brands kitchn and Nettoline.
In 2006, Danish private equity firm Axcel acquired the majority of the Group. Under the ownership of Axcel, focus was on further optimization of the production and continued growth, both in Denmark and the rest of Scandinavia. In the beginning of 2016, TCM Group was acquired by IK Small Cap I Fund managed by European private equity firm IK Investment Partners together with management and board of directors.
On november 24, 2017, TCM Group was listed on Nasdaq Copenhagen.
Board of Directors:
Chairman of the company.
Chairman of Nomination Committee and Remuneration Committee and member of Audit Committee.
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.
Chairman of Audit Committee and member of Nomination Committee and Remuneration Committee.
Number of shares: 7,653
Other positions include among others: CFO at Matas A/S, board member F. Uhrenholt Holding A/S.
Member of Nomination Committee and Remuneration Committee.
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
Number of shares: 3,850
Other positions include among others: CEO at Louis Poulsen A/S, board member Egetæpper A/S.
Danny Feltmann Espersen
Number of shares: 4,400
Other positions include among others: CEO at Menu Holding A/S and associated entities.
Chief Executive Officer since 2020.
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
Chief Financial Officer since 2015.
B.Sc. Business Administration.
Number of shares: 39,902
Previous experience include: Bang & Olufsen, Bestseller and PwC.