Jøtul AS (Norwegian pronunciation:[ˈjø̂ːtʉl]) is a Norwegianlimited company that manufactures cast ironstoves and fireplaces. The head office is situated in Fredrikstad. Jøtul AS is also the parent company in the Jøtul Group, with subsidiaries in the United States, United Kingdom, Denmark, France, Italy, Spain and Poland.
Jøtul North America Inc. Jøtul France SAS Jøtul UK Ltd Jøtul Hispania S.L. Jotul Polska Sp. z.o.o. Scan A/S Jøtul Italia Srl
Website
www.jotul.com
Jøtul F 602 woodstove, designed in the late 1930s by the architects Blakstad and Munthe-Kaas and decorated by sculptor Ørnulf Bast
Historyedit
Jøtul was founded by Oluf Onsum as Kværner Jernstøberi (Kværner Foundry) in the outskirts of Christiania (now Oslo) in 1853. While stoves initially were the main products, the company had diversified by the beginning of the 20th century, when it produced turbines and lumber equipment. As the heating appliance manufacture decreased in importance, the production was spun off in 1916 and sold to Herman Anker, one of Kværner's managers. He founded Jøtul AS in 1920 as a sales organization for its products. The sales stagnated during the depression in the 1920s, and 36-year-old Herman Anker died in 1927, leaving it to his successor, 34-year-old Johannes Gahr to modernize and eventually salvage the company. By 1935, the turnaround had succeeded, and the firm acquired its modern name.
By the 1960s, stoves using liquid fuels, especially kerosene had supplanted wood-burning appliances, a trend that was only reversed in the 1970s, partly due to the 1973 oil crisis. Jøtul used this opportunity to gain a strong international foothold and drastically increased its exports to continental Europe and North America.
The Gahr family sold the business to Norcem in 1977, and a period of international expansion began, as Jøtul acquired a number of foundries and importers abroad. This period lasted for approximately ten years, but came to an end during the recession in the late 1980s, when Jøtul once again focussed on the domestic market. However, it has resumed its international diversification in the 21st century, and today its products are sold worldwide.
In March 2018, Jøtul was acquired by the global private equity firm OpenGate Capital. Along with management, OpenGate has crafted a plan to boost performance and eliminate inefficiencies in Jøtul's operations. In addition, OpenGate Capital is actively searching for add-on targets to further drive Jøtul's growth. In November 2018, OpenGate and Jøtul completed the add-on acquisition of AICO, an Italian and French based pellet-burning stove leader.[2]
Products and marketsedit
The Jøtul Group sells and markets its products under the brands Jøtul, Scan, Atra, Ild, Warm, Jøtul Group Accessories and Jøtul Group Chimney System throughout North and South America, Europe, South Africa, Asia and Oceania.[3]
^. Red Dot. Archived from the original on 2012-11-28. Retrieved 2011-10-17.
^"Red Dot Award: Product Design". Red Dot. Retrieved 2015-09-14.
March 16, 2024
jøtul, norwegian, pronunciation, ˈjø, ːtʉl, norwegian, limited, company, that, manufactures, cast, iron, stoves, fireplaces, head, office, situated, fredrikstad, also, parent, company, group, with, subsidiaries, united, states, united, kingdom, denmark, france. Jotul AS Norwegian pronunciation ˈjo ːtʉl is a Norwegian limited company that manufactures cast iron stoves and fireplaces The head office is situated in Fredrikstad Jotul AS is also the parent company in the Jotul Group with subsidiaries in the United States United Kingdom Denmark France Italy Spain and Poland Jotul ASCompany typeAksjeselskapIndustryHeating appliancesFounded1853 1853 FounderOluf OnsumHeadquartersFredrikstad Ostfold NorwayArea servedWorldwideKey peopleEskil Zapffe CEO 1 ProductsJotul Scan Atra Ild Warm Jotul Group Accessories Jotul Group Chimney SystemRevenueNOK 850 million US 103 5 million 2015 Number of employees618 2015 SubsidiariesJotul North America Inc Jotul France SASJotul UK LtdJotul Hispania S L Jotul Polska Sp z o o Scan A SJotul Italia SrlWebsitewww wbr jotul wbr comJotul F 602 woodstove designed in the late 1930s by the architects Blakstad and Munthe Kaas and decorated by sculptor Ornulf BastHistory editJotul was founded by Oluf Onsum as Kvaerner Jernstoberi Kvaerner Foundry in the outskirts of Christiania now Oslo in 1853 While stoves initially were the main products the company had diversified by the beginning of the 20th century when it produced turbines and lumber equipment As the heating appliance manufacture decreased in importance the production was spun off in 1916 and sold to Herman Anker one of Kvaerner s managers He founded Jotul AS in 1920 as a sales organization for its products The sales stagnated during the depression in the 1920s and 36 year old Herman Anker died in 1927 leaving it to his successor 34 year old Johannes Gahr to modernize and eventually salvage the company By 1935 the turnaround had succeeded and the firm acquired its modern name By the 1960s stoves using liquid fuels especially kerosene had supplanted wood burning appliances a trend that was only reversed in the 1970s partly due to the 1973 oil crisis Jotul used this opportunity to gain a strong international foothold and drastically increased its exports to continental Europe and North America The Gahr family sold the business to Norcem in 1977 and a period of international expansion began as Jotul acquired a number of foundries and importers abroad This period lasted for approximately ten years but came to an end during the recession in the late 1980s when Jotul once again focussed on the domestic market However it has resumed its international diversification in the 21st century and today its products are sold worldwide In March 2018 Jotul was acquired by the global private equity firm OpenGate Capital Along with management OpenGate has crafted a plan to boost performance and eliminate inefficiencies in Jotul s operations In addition OpenGate Capital is actively searching for add on targets to further drive Jotul s growth In November 2018 OpenGate and Jotul completed the add on acquisition of AICO an Italian and French based pellet burning stove leader 2 Products and markets editThe Jotul Group sells and markets its products under the brands Jotul Scan Atra Ild Warm Jotul Group Accessories and Jotul Group Chimney System throughout North and South America Europe South Africa Asia and Oceania 3 Jotul products have received several design awards from both the Norwegian Design Council 4 and Red dot design awards 5 6 7 8 References edit Eskil Zapffe new CEO of Jotul RATOS 2014 01 08 Archived from the original on 2016 03 04 Retrieved 2015 09 14 Nina 2018 11 06 Jotul moving production to Poland Norway s News in English www newsinenglish no Retrieved 2023 08 08 International homepage Jotul AS Archived from the original on 2011 10 12 Retrieved 2011 10 17 Search result Jotul design awards Norwegian Design Council Retrieved 2011 10 17 permanent dead link Red Dot design products awards 2011 Jotul F 162 amp 163 Stoves Red Dot Retrieved 2011 10 17 Red Dot design products awards 2007 Jotul 373 wood burning stove Red Dot Retrieved 2011 10 17 The best designers of the red dot design award 2007 in interview Anna Oeren Red Dot Archived from the original on 2012 11 28 Retrieved 2011 10 17 Red Dot Award Product Design Red Dot Retrieved 2015 09 14 Retrieved from https en wikipedia org w index php title Jotul amp oldid 1207806734, wikipedia, wiki, book, books, library,
