Lindström (company)

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Lindström Group is a textile rental service company in Europe and Asia. Lindström operates in 24 countries and has over 4,000 employees. The company is headquartered in Finland, Helsinki. Lindström was established in 1848.
History
Lindström was founded by Carl August Lindström in 1848, in Helsinki. The company was originally in the textile dye house and it was called C.A Lindström & Son. In 1891, Carl August Lindström handed the company over to his son, W.E. Lindström. In 1918, Lindström Oy was turned into a joint stock company and the name was changed to AB W.E. Lindström Oy.
In the 1920s, the Lindström family sold their shares to the Roiha family who maintain ownership and control over the company today. Lindström began matt and mop rentals in 1971. In 1976 the company closed its textile dye unit because the business had become unprofitable.
Through acquisitions, Lindström Oy was evolving into a holding company. After mid-1970s, Lindström Group decided to focus on the development of the Lindström brand, which is why it started marketing many of the businesses it owned jointly under the Lindström name.<ref name="Kortelainen 1988"/>
In the 1980s, the company was involved in several mergers and acquisitions. In most cases, Lindström was the buyer, although it also sold some companies it had bought earlier, but which had since turned out unprofitable.<ref name="Kortelainen 1988"/>
In the 1990s, Lindström gave up cleaning and waste management services, as well as its laundry shops, and directed its full attention to textile renting services. In the same decade, the company began pursuing an aggressive international expansion strategy.<ref name="From Dyehouse to Image Builder"/> Lindström internationalization began from Estonia in 1992. After that it launched operations in several European countries.
In 2006 Lindström launched its Asian operations in Suzhou, China and in 2007 the company established a subsidiary in India. Today Lindström operates in 24 countries in Europe and Asia.
n 2017, the company’s revenue was 358 million euros. It had over 100,000 customers globally.
Services
Lindström offers workwear, mat, hotel textile, washroom, industrial wiper, restaurant textile, personal protective equipment services.
International Operations
Lindström operates in 24 countries in Europe and Asia, including Belarus, Bulgaria, China, Croatia, Czech Republic, Estonia, Finland, Germany, Hungary, India, Kazakhstan, Latvia, Lithuania, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, South Korea, Sweden, Turkey, Ukraine and the United Kingdom.

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