Coloplast

History

Coloplast was founded in 1957 by Aage Louis-Hansen. His son Niels Peter Louis-Hansen owns 20% of the company and is deputy chairman. It employs more than 12,000 people and operates around the world, with sales activities in 53 countries and production in Denmark, Hungary, France, China, and the US. It has its global headquarters in Humlebæk, Denmark. Its United States operations and North American headquarters are based in Minneapolis, Minnesota. The company manufactures and supplies products to hospitals and institutions, as well as wholesalers and retailers. In selected markets, Coloplast is a direct supplier to consumers.

The company had revenues of DKK 18.554 billion (US$2.45 billion) in 2020/2021. Europe constitutes its biggest market with 63% of sales, while 22% of sales are in North America and 15% in the rest of the world. Coloplast is listed on the Danish Stock Exchange, and has for a number of years been represented among the 20 most-traded shares in the country.

In 2016, Coloplast was listed as the 22nd most innovative company in the world (and among the 10 most innovative in Europe) by Forbes, after being listed by the magazine as 33rd the year before. The company has been featured in Star Tribune's annual list of top employers in Minnesota.