The Cotton Group is a group of six independent market leading professional wear companies each with its own merit and legacy.
The companies span promotional wear (B&C), heavy workwear (Wenaas) and healthcare and service workwear (Clinic & Job Dress, Hejco, Martinson and Sverre W. Monsen).
Each company has its own headquarter and management team, with group finance based at Amaliegade 47.
The Cotton Group has a common mission to provide a high service level for its customers combined with safe, comfortable, and stylish clothes for the end users, so that they can perform their daily tasks to the highest standard.
Ownership
71%
Partner
Michael Hauge Sørensen (24%)
Chairman
Christian Dyvig
Management team
Murielle Degeest (CEO - B&C)
Katrine Wold Deunk (CEO - Wenaas)
Jostein Nordvik (CEO - Hejco, Martinson, Sverre W. Monsen)
Mario Prosoparis (CEO - Clinic Dress)
Søren Vuust (Group CFO - The Cotton Group)
The market leader within promotional wear in Continental Europe with products sold across 30 European countries. The company is headquartered in Waterloo, Belgium.
The Norwegian market leader in heavy workwear, currently expanding across Northern Europe. The company is also the European market leader in offshore and shipping. The company is headquartered in Måndalen, Norway.
An e-commerce based healthcare apparel company, sells directly to clinics and individual care workers across Central Europe. The company is headquartered in Osnabrück, Germany.
The Norwegian market leader in garments and textiles to the healthcare and leisure industry, expanding across the Nordic region. The company is headquartered in Bergen, Norway.
The market leader in Sweden within garments for hospitals. The company is headquartered in Torsbo, Sweden.
Designs and develops workwear for employees in the care industry across the Nordic region. The company is headquartered in Borås, Sweden.
The Cotton Group Overview*
Revenue (DKKm)
EBIT (DKKm)
Net Income (DKKm)
*) 2021 Financials from March 31st, net income excludes the positive impact of a one-off negative goodwill of DKK 113 million
Detailed Financials*
| DKKm | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue | 1,512 | 2,266 | 2,160 |
| EBIT | 190 | 255 | 249 |
| Net Income | 131 | 197 | 167 |
| Total Assets | 1,122 | 1,322 | 1,266 |
| Equity | 568 | 541 | 607 |
| Net Debt | 72 | 291 | 285 |
| FTEs | 467 | 441 | 431 |