Dantherm
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Dantherm AS is the
parent company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
of several companies involved in the
development Development or developing may refer to: Arts *Development (music), the process by which thematic material is reshaped * Photographic development *Filmmaking, development phase, including finance and budgeting * Development hell, when a proje ...
,
production Production may refer to: Economics and business * Production (economics) * Production, the act of manufacturing goods * Production, in the outline of industrial organization, the act of making products (goods and services) * Production as a stat ...
, sale, and installation of industrial
air handling An air handler, or air handling unit (often abbreviated to AHU), is a device used to regulate and circulate air as part of a heating, ventilating, and air-conditioning (HVAC) system. An air handler is usually a large metal box containing a blow ...
products.


Business model

The company works both nationally and internationally, where they have established factories and sales companies. The company's two main areas are Telecommunications and
Heating In thermodynamics, heat is energy in transfer between a thermodynamic system and its surroundings by such mechanisms as thermal conduction, electromagnetic radiation, and friction, which are microscopic in nature, involving sub-atomic, atom ...
,
Ventilation Ventilation may refer to: * Ventilation (physiology), the movement of air between the environment and the lungs via inhalation and exhalation ** Mechanical ventilation, in medicine, using artificial methods to assist breathing *** Respirator, a ma ...
and
Air Conditioning Air conditioning, often abbreviated as A/C (US) or air con (UK), is the process of removing heat from an enclosed space to achieve a more comfortable interior temperature, and in some cases, also controlling the humidity of internal air. Air c ...
(HVAC). Within their ''Telecom'' business unit, the company is a supplier of cooling solutions for the telecom
networks Network, networking and networked may refer to: Science and technology * Network theory, the study of graphs as a representation of relations between discrete objects * Network science, an academic field that studies complex networks Mathematics ...
suppliers and network operators. Within their ''HVAC'' business unit, there are several branches: defense,
dehumidification A dehumidifier is an air conditioning device which reduces and maintains the level of humidity in the air. This is done usually for health or thermal comfort reasons or to eliminate musty odor and to prevent the growth of mildew by extracting wate ...
,
swimming pool A swimming pool, swimming bath, wading pool, paddling pool, or simply pool, is a structure designed to hold water to enable Human swimming, swimming and associated activities. Pools can be built into the ground (in-ground pools) or built abo ...
ventilation, and residential ventilation. The total sale for the Dantherm group represents 464.6 million
Danish krone The krone (; plural: ''kroner''; sign: kr.; code: DKK) is the official currency of Denmark, Greenland, and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes ...
(DKK). (2010), while the number of employees is approximately 537. The company's profit before tax represented a deficit of 44.5 million DKK, (improving over the previous years, when two entries were negative 96.5 million DKK and 293.1 million DKK). In 2011, they expected an operating profit (
EBIT EBIT, Ebit or ebit may refer to: *EBIT, or Earnings before interest and taxes, in finance *EBIT, or Electron beam ion trap, in physics *An ebit (quantum state), a two-party quantum state with quantum entanglement Quantum entanglement is the ...
) of 20-25 million DKK, a small profit before tax and a turnover of 500-550 million DKK. The
headquarters Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, mil ...
of the Dantherm Group is located in Skive.


History

In 1958 E.R. Olsen founded his works under the name Danterm, which was changed to Dantherm. The increase in
industrial production Industrial production is a measure of output of the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Although these sectors contribute only a small portion of gross domestic product (GDP), they ...
was the main force in the 1950s'
economic development In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and object ...
, which in a few years abolished the high
unemployment Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work du ...
seen in the Skive region. This meant that many industrial
factories A factory, manufacturing plant or production plant is an industrial facility, often a complex consisting of several buildings filled with machinery, where workers manufacture items or operate machines which process each item into another. Th ...
were built, and all needed to be heated and therefore could potentially use fan heaters that Eilert meant to develop. In the 1960s the company became a
Publicly traded A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...
Aktieselskab (; abbr.: A/S or a/s, ; ) is the Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. If an ...
and sales organizations were created in Norway, Germany, France and England. In 1973, the company was divided into Dantherm AS as a
production company A production company, production house or production studio is a studio that creates works in the fields of performing arts, new media art, film, television show, television, radio, comics, interactive arts, video games, websites, music, and video ...
and Dantherm Trading AS, which would handle the negotiation of company products on the Danish
market Market is a term used to describe concepts such as: *Market (economics), system in which parties engage in transactions according to supply and demand *Market economy *Marketplace, a physical marketplace or public market *Marketing, the act of sat ...
. Eilert was always looking for new opportunities, which resulted in his development, in the late 1970s, of a
dehumidifier A dehumidifier is an air conditioning device which reduces and maintains the level of humidity in the air. This is done usually for health or thermal comfort reasons or to eliminate musty odor and to prevent the growth of mildew by extracting wate ...
in cooperation with low power
engineer Engineers, as practitioners of engineering, are professionals who Invention, invent, design, build, maintain and test machines, complex systems, structures, gadgets and materials. They aim to fulfill functional objectives and requirements while ...
Svend Thøgersen. The dehumidifier was patented and put into production in 1977–88. It was named ''CD'' (Condense Dryer). Dehumidifiers are now one of Dantherm's main areas. In the 1980s—after the
1970s energy crisis The 1970s energy crisis occurred when the Western world, particularly the United States, Canada, Western Europe, Australia, and New Zealand, faced substantial petroleum shortages as well as elevated prices. The two worst crises of this period wer ...
—much was done in Denmark to be energy efficient. The company developed a cross flow
heat exchanger A heat exchanger is a system used to transfer heat between a source and a working fluid. Heat exchangers are used in both cooling and heating processes. The fluids may be separated by a solid wall to prevent mixing or they may be in direct contac ...
that could regain the warm air in the building to heat the fresh cool air while
ventilating Ventilation is the intentional introduction of outdoor air into a space. Ventilation is mainly used to control indoor air quality by diluting and displacing indoor effluents and pollutants. It can also be used to control indoor temperature, hum ...
, instead of discharging heat out of the window. Svend Thøgersen founded in 1983 ''Stelectric'', which started supplying electronics control systems for them. In the mid 1980s Dantherm Norway developed mobile
refrigeration Refrigeration is any of various types of cooling of a space, substance, or system to lower and/or maintain its temperature below the ambient one (while the removed heat is ejected to a place of higher temperature).IIR International Dictionary of ...
and
heating In thermodynamics, heat is energy in transfer between a thermodynamic system and its surroundings by such mechanisms as thermal conduction, electromagnetic radiation, and friction, which are microscopic in nature, involving sub-atomic, atom ...
equipment for the
armed forces A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. Militaries are typically authorized and maintained by a sovereign state, with their members identifiable by a ...
and
NATO The North Atlantic Treaty Organization (NATO ; , OTAN), also called the North Atlantic Alliance, is an intergovernmental organization, intergovernmental Transnationalism, transnational military alliance of 32 Member states of NATO, member s ...
. In the 1990s they ventured into electronics cooling, with telecommunications network as their main marketing area. In 1996 the company established a production facility in
Spartanburg Spartanburg is a city in and the county seat of Spartanburg County, South Carolina, United States. The city had a population of 38,732 as of the 2020 census, making it the 11th-most populous city in the state. The Office of Management and Budg ...
, United States and in 2001 in
Suzhou Suzhou is a major prefecture-level city in southern Jiangsu province, China. As part of the Yangtze Delta megalopolis, it is a major economic center and focal point of trade and commerce. Founded in 514 BC, Suzhou rapidly grew in size by the ...
, China. In January 2016 Dantherm A/S was acquired by Procuritas, and became the foundation of DanthermGroup. In 2018 Troy Berg of Dane Manufacturing, a US based firm, purchased the US telecom division of Dantherm, forming Dantherm Cooling.


References

{{Reflist Heating, ventilation, and air conditioning