- CEO
- Kristofer Tonström
- Full Time Employees
- 5,229
- Sector
- Retail trade
- Industry
- Home improvement chains
- Address
- Clas Ohlsons Väg Insjon KO Sweden 793 40
- IPO Date
- Jan 1, 1999
- Business
- Clas Ohlson AB (publ) (CLAS-B.ST) operates as a Swedish retail chain specializing in hardware, electrical, multimedia, home, and leisure products; its offerings encompass tools and materials for renovation, building, painting, and repair under proprietary brands including Capere, Cocraft, and Clas Ohlson; energy and electrical solutions via brands such as Cotech and Northlight; consumer electronics, accessories, cables, computer accessories, locks, camping equipment, building materials, and spare parts; as well as home and office solutions targeting private individuals and corporate customers through retail stores, online channels, and catalogue sales. The company maintains approximately 229 stores across Sweden (96 locations), Norway (92), Finland (40), and a minimal presence outside the Nordic region including one store in the United Kingdom; it serves primarily the Nordic markets with a focus on practical, affordable, sustainable solutions for everyday home projects and repairs. Founded in 1918 as a mail-order business in Insjön, Dalarna, Sweden, where it maintains headquarters, Clas Ohlson has evolved from technical literature and bicycle workshops into a Nasdaq Stockholm-listed retailer with around 5,000 employees and annual sales exceeding SEK 10 billion. In November 2025, the company acquires 70% stakes in Phonelife AB (operating Teknikmagasinet) and Reservdelaronline Sverige AB, both added to subsidiary Spares Nordic AB (previously bolstered by a 2023 acquisition of 91% of Spares), to expand in fast-growing consumer electronics, accessories, and spare parts segments while advancing a sustainable, repair-friendly model; these cash-funded deals, closing on 25 November 2025 at enterprise values of SEK 45 million for Reservdelaronline and structured earn-outs for Phonelife, are expected to accretively impact earnings per share from day one under decentralized management.