NKT Holding

NKT Holding is a holding company and industrial conglomerate with interests in cables and wires, professional cleaning equipment and high-pressure cleaners for both industry and private use as well as optical components, lasers and crystal fibres.

The company is listed on NASDAQ OMX Copenhagen Stock Exchange and has been so since 1898. In 1991, the company was restructured as a holding company focusing on the core business with international potential. Its current strategy follows this path with a "best owner"-philosophy, focusing on value creation in subsidiaries.

The company employs almost 9,000 employees worldwide with production facilities in nine countries in Europe, North America and Asia.

NKT Holding is the parent company, with 3 main subsidiaries, being;

History

The company was founded in 1891 by H.P Prior, who would later become chairman of the Danish industry council, under the name of "Nordisk Elektrisk Ledningstraad og Kabel-Fabrik". It quickly expanded, buying up other companies, and in 1898 was named "Nordiske Kabel og Traadfabriker".