Thrane & Thrane History and Ownership
Thrane & Thrane was founded in 1981 by the two twin brothers, Lars and Per Thrane. The first cutting-edge product developed was a rediotelex moden for the Danish Ministry of Foreign Affairs. In the min-1980s Thrane & Thrane shifted focus from radiotelex to mobile satellite communication. The company decided to debelop maritime satellite terminals for Inmarsat, which is today the world's leading mobile satellite operator.In the beginning of the 1990s, Thrane & Thrane started selling Inmarsat-C land earch stations and later the company launched products targeting both the land mobile and aeronautical market.
In March 2001, Thrane & Thrane became listed at the Copenhagen Stock Exchange. After this Thrane & Thrane aquired inthe fall of 2003 its largest distributor in the US, LandSea Systems Inc. Under the new name, Thrane & Thrane Inc., this company is today Thrane & Thranes American sales office.
In the spring of 2004, Thrane & Thrane acquired Eurocom Industired A/S, one of the world's leading suppliers of equipment for maritime radio communication. The acquisition secured Thrane & Thrane a position as the largest supplier of communicaions equipment for the maritime market.
Most recently, Thrane & Thrane has initiated representation in Shanghai, China. The objective is long term to establish an office in Shanghai to handle sales in the Far East.
Thrane & Thrane's largest shareholder is Lars Thrane, who owns 25% of the company's share capital.
Lars Thrane is today a member of Thrane & Thrane's board of Directors and Management Board. Per Thrane has since 1997 not participated in the management of the company.
Since May 2004, Henriuk Lunde has been CEO of Thrane & Thrane.
Company Profile
Linking Satellites with Terrestrial Networks