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

Benelux The Benelux Union (; ; ; ) or Benelux is a politico-economic union, alliance and formal international intergovernmental cooperation of three neighbouring states in Western Europe: Belgium, the Netherlands, and Luxembourg. The name is a portma ...

. Dustin has approximately 2,200 employees and a turnover of 23.6 billion Swedish kronor in the fiscal year of 2022/2023. 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 Farsta is a district in the borough with the same name in the southern part of Stockholm Municipality, Sweden. Farsta is located about eight kilometers south of Stockholm Stockholm (; ) is the Capital city, capital and List of urban ar ...

selling computer accessories such as colored

diskettes A floppy disk or floppy diskette (casually referred to as a floppy, a diskette, or a disk) is a type of disk storage composed of a thin and flexible disk of a magnetic storage medium in a square or nearly square plastic enclosure lined with a ...

via mail order. In 1995, Dustin started selling products via the internet. Dustin was acquired in 2006 by the

risk capital A capital requirement (also known as regulatory capital, capital adequacy or capital base) is the amount of capital a bank or other financial institution has to have as required by its financial regulator. This is usually expressed as a capital ...

company

Altor Equity Partners Altor Equity Partners is a private equity firm focused on leveraged buyout and growth capital investments in Sweden, Denmark, Finland, Norway and the DACH region. History The firm, which is based in Stockholm, Sweden Stockholm (; ) is th ...

. Dustin Group was listed on the Stockholm Stock Exchange in 2015. 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 and Computerstore A/S. In 2008, Dustin Home was established in Denmark, in 2009 in Norway and in 2016 in Finland. In 2012, IT-Hantverkarna was acquired by Dustin. and Best Office 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 Centralpoint and Vincere Groep. Ownership of Dustin has gradually shifted to Axel Johnson AB, which since 2024 owns over 50% of Dustin's shares. A major reorganization was announced in 2024 after the company's share value had dropped by over 90% since late 2021.

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

External links

* {{Official website, https://www.dustingroup.com Online retailers of Sweden Retail companies established in 1984 Companies based in Stockholm County