Dustin AB

Dustin is a Swedish company specializing in IT. It is active in the Nordics and in the Benelux.

Dustin AB
TypeAktiebolag
IndustryRetail
Founded1984
Key people
Bo Lundevall Founder,
Ulla Lundevall Founder
Johan Karlsson President & CEO
Mia Brunell Livfors Chairperson of the Board
WebsiteDustin
Dustin home

Dustin has approximately 2,500 employees and a turnover of 23.6 billion Swedish kronor in the fiscal year of 2021/2022. The company was listed on the Stockholm Stock Exchange in 2015.

Dustin was founded by the couple Bo and Ulla Lundevall in 1984 as a side business in a zoo shop in the Stockholm suburb Farsta selling computer accessories such as colored diskettes via mail order. In 1995, Dustin started selling products via the internet. Dustin was acquired in 2006 by the risk capital company Altor Equity Partners.[1] Dustin Group was listed on the Stockholm Stock Exchange in 2015.[2]

In 2004, the subsidiary company Dustin Home was founded, which is aimed at private individuals. Before that, the Dustin brand was aimed at both private individuals and companies. In 2007, Dustin acquired the companies TCM[3] and Computerstore A/S.[4]

In 2008, Dustin Home was established in Denmark, in 2009 in Norway and in 2016 in Finland.[5]

In 2012, IT-Hantverkarna was acquired by Dustin.[6] and Best Office[7] and Norsk Data Senter (NDS). In 2013, Finnish Businessforum was acquired. In 2015 acquisition of Commsec in Sweden and Resolute in Finland and in 2016 acquisition of Swedish Idenet and Norwegian IKT Gruppen. In 2017, Norwegian companies Core Services and Purit were acquired. Norriqs, a Danish company, and Saldab IT AB, a Swedish company, were also acquired in the same year. In 2018 and 2022, Dustin expanded to the Netherlands and Belgium through the acquisition of Vincere Groep and CentralPoint, respectively.

Dustin Financial Services AB

Dustin Financial Services AB was founded in 2007 as a subsidiary of Dustin. In 2015, it was sold to De Lage Landen Finance.

Sources
  1. "Altor: About Dustin". Archived from the original on 2011-06-17. Retrieved 2011-03-05.
  2. "IPO of Dustin Group on Nasdaq Stockholm" (PDF) (in Swedish). Dustin. Archived from the original (PDF) on 5 June 2022. Retrieved 5 June 2022.
  3. "Dustin weaves TCM" (PDF) (in Swedish). Dustin. 2007-03-13. Archived from the original (PDF) on 2007-09-28. Retrieved 2007-07-08.
  4. "Pressrelease from Dustin" (PDF) (in Swedish). Archived from the original (PDF) on 2007-09-28.
  5. "Dustin enters the Norwegian business market" (PDF) (in Swedish). Dustin. 2010-04-27. Archived from the original (PDF) on February 9, 2017. Retrieved 2010-07-10.
  6. "Dustin acquires Hantverkarna" (PDF) (in Swedish). Dustin. 2012-07-06. Archived from the original on 2 February 2015. Retrieved 2012-07-06.
  7. "Dustin acquires Best Office" (PDF) (in Swedish). Dustin. 2012-07-13. Archived from the original (PDF) on 2 February 2015. Retrieved 2012-07-13.
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