Clas Ohlson AB (OTCMKTS:CSOHF) is a Sweden-based retail company specializing in hardware, home improvement, electrical and multimedia products. Through its multi-channel distribution model, the company offers a broad range of solutions for everyday living, including tools, homeware, electrical accessories, leisure goods and smart-home items. Clas Ohlson’s product assortment is designed to cater to both consumer and small-business segments, emphasizing practical design and affordable pricing.
Founded in 1918 in the village of Insjön, Sweden, by entrepreneur Clas Ohlson, the company began as a mail-order business focused on technical literature. Over the decades, it expanded into physical retail, opening its first store in Örebro in 1989. The company went public on Nasdaq Stockholm in 1999, marking a new phase of growth that combined brick-and-mortar outlets with e-commerce capabilities.
Today, Clas Ohlson operates approximately 240 stores across the Nordic region, with a presence in Sweden, Norway and Finland, supported by a centralized distribution system. The company has also developed an online platform that serves customers in additional European markets, offering home delivery and in-store pick-up options. Its logistics network leverages regional distribution centers to maintain inventory levels and support peak-season demand.
Leadership at Clas Ohlson is headed by President and Chief Executive Officer Sami Sivuranta, who was appointed in 2022. Under his guidance, the company continues to refine its omnichannel strategy, strengthen private-label offerings and explore digital innovation in retail operations. Clas Ohlson’s board of directors and executive team bring extensive experience in retail management, supply chain optimization and customer experience design.
AI Generated. May Contain Errors.