Thygesen Textile Group
Ownership
Management/employees
Board
History
History highlights

History highlights

1991:
TTG was founded by a merger of
A/S S. Thygesen (established 1931),
Fascia A/S (established 1959), and
Tytex A/S (established 1971)

1995:
TTG acquires Femilet A/S.

1997:
The activities of Fascia A/S are discontinued.

The industrial investment fund Axcel IndustriInvestor acquires 50% of the share capital in TTG.

2000:
TTG acquires an ownership share of Müller Textil GmbH.

2005:
Femilet A/S is sold to Eskild, Niels Laurits, and Soren Thygesen.

2006:
Tytex A/S is sold to a consortium consisting of LD Equity and Jacob Holm & Sons STA.

2006/2007:
Axcel IndustriInvestor and some family shareholders are bought out. The share capital of TTG is hereafter owned by the brothers Niels Laurits, Eskild, and Soren Thygesen.

2008:
Niels Laurits Thygesen becomes sole shareholder of TTG.

2014:
TTG sells 50% of its share capital in Thygesen Textile Solutions A/S to companies belonging to Jens Thygesen and Morten Thygesen.

Thygesen Textile Group A/S - Tulstrupvej 9 - DK-7430 Ikast - Tel.: +45 9660 4400