Who Owns Lego Stock?

18

Lego A/S (business title: The Lego Group) is a Danish plaything production company that was based in 1932 as well as is based in Billund,Denmark The company makes Lego- brand name playthings, being composed greatly of interlacing plastic blocks. The team has actually furthermore created a variety of theme park around the world, every usually referred to as Legoland, as well as runs numerous retail stores.

Lego was based upon August 10, 1932 byOle Kirk Christiansen The title “Lego” is originated from the Danish expressions leg godt which indicates “play well”.

The Lego Group expanded to end up being the globe&& rsquor; s biggest plaything company by earnings within the initial fifty percent of 2015, with gross sales totaling up to US$ 2.1 billion, going beyond these of Mattel, which had US$ 1.9 billion in gross sales.

READ ALSO: Pastor Robyn Gool Charlotte NC factor behind passing away

The Lego company was based by Ole Kirk Christiansen, a woodworker whose significant venture of creating household things had actually experienced due to theGreat Depression Initially creating picket playthings, Lego later on established a system of interlacing blocks. Manufacturing of the plastic Lego blocks began in Denmark in 1947.

After a fire place within the woodworking department, Ole&& rsquor; s kid, Godtfred, figured out to discontinue creating picket playthings as well as entirely take care of plastic product as well as the Lego system. Godtfred furthermore created a flight terminal in Billund to promote the sale of Lego playthings around the world.

Who Owns Lego Stock?

The Lego Group is an independently held company, therefore it does not have supply. One can not acquire Lego supply at any type of worth on the NYSE, or every various other modification. The company is 75% had by Kjeld Kirk Kristiansen, who’s the grandchild of the owner, Ole Kirk Kristiansen, as well as 25% by the Lego Foundation.


Who Owns Lego Stock?.For More Article Visit Techtwiddle

Comments are closed.