Swedish outdoor and transportation products group — maker of roof racks, bike and cargo carriers, child seats and bags. Thule serves the Portuguese market through a local sales entity in Amadora (greater Lisbon) and a national retail and specialist-dealer network, including El Corte Inglés Portugal.
Thule Group AB was founded in Hillerstorp, Sweden, in 1942 and is today headquartered in Malmö and listed on Nasdaq Stockholm (ticker THULE, IPO 2014). With net sales of roughly SEK 9.1 billion in 2024 and around 3,100 employees, it is one of the world’s best-known makers of roof racks, bike and cargo carriers, rooftop tents, child carriers and bags. In Portugal the group maintains a local sales presence (registered office in Amadora, greater Lisbon) and reaches consumers through department-store retail such as El Corte Inglés Portugal alongside a national network of cycling, automotive and outdoor specialist dealers.
Thule’s Portuguese operation shows the consumer-brand layer of the Nordic-Iberian corridor: a Swedish lifestyle group treating Portugal as a managed market with its own sales entity and retail distribution, not merely an export afterthought of its Spanish business.
Fractio helps Nordic companies enter the Portuguese market — with local presence, without the overhead.
Talk to Fractio →