A leading European sourcing and services company

We deliver what you need
Being a sourcing and services company, we focus on each individual customer. We work closely with you to offer tailored services that underpin your efforts to optimise your daily processes, develop your skills and run more profitable businesses. Our quick and accurate delivery can help increase your productivity. We deliver the right products on time, exactly when, where and how you need them. We have the best distribution system and the most dedicated employees. 

Who we are
Solar Group is a leading European sourcing and services company, operating primarily within the electrical, heating and plumbing, and ventilation technology sectors. Our core business centres on product sourcing, value-adding services and optimisation of our customers’ businesses. We believe in the power of yes and always strive to understand our customers’ unique and genuine needs in order to provide relevant, personal and value-adding services, turning our customers into winners. 

A strong, listed company
Our revenue totalled around DKK 11.1bn in 2016 and we currently employ around 3,000 employees. Solar A/S is listed on Nasdaq Copenhagen with the short designation SOLAR B and has been listed since 1953. The stock is included in the MidCap+ index.

Management
The chairman of the Solar Group Board of Directors is associate professor, lic. scient. Jens Borum. The Executive Board of the company is in the hands of CEO Jens Andersen, CFO Michael H. Jeppesen and CCO Hugo Dorph.

The Story of Solar

1919 – the beginning of it all
Jacob L. Jørgensen - a young, visionary business man, saw how the industrialisation and electrification created a new need, and he founded the trade, import and wholesale company Nordisk Solar Compagni, which sold electricity meters and other electric components.

Expansion where it made sense 
The business area developed a great deal over the years. The company seized the possibilities that arose to expand. So, after producing radios for nearly 40 years, this production ceased in 1958 and Solar no longer manufactures products.

Since then, Solar has entered several new business areas, including the offshore area and more heavy industrial components as well as telecommunication and network equipment. Later again, Solar introduced heating, plumbing and ventilation components to the product range.

Sourcing and services
Today, we also offer a vast number of different services – all fitted to the specific needs of our customers. Thus, we define ourselves as a sourcing and services company. To follow this track, Solar acquired the Dutch integrated supply company, MAG45. MAG45’s integrated supply solutions let companies work with MAG45 and strategically manage sourcing, logistics and inventory of tail-spend material in partnership. 

Training is an important service
Another important aspect of Solar’s strategy is to expand our training business. For that reason, we acquired the Norwegian training business Euro Business School (EBS). We merged our training activities (Solar School) in Norway, Denmark, Sweden and the Netherlands into EBS during the autumn of 2016 with the changes taking full effect from 1 January 2017. The combined training business operates under the name Scandinavian Technology Institute.

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