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Lego began in 1932 in the carpentry workshop of Ole Kirk Christiansen, a Danish furniture maker. During the Great Depression, he began to make miniature versions of his products, which inspired him to produce toys. In 1934 the company was named "Lego", a contraction from the Danish phrase "leg godt", meaning "play well".
Founding The Lego Group. Ole Kirk Christiansen (born Ole Kirk Kristiansen; [a] 7 April 1891 – 11 March 1958) was a Danish carpenter. In 1932, he founded the construction toy company Lego, later known as The Lego Group. Christiansen transformed his small woodworking shop, which initially sold household products, into a manufacturer of wooden toys.
The Lego Group has also built several amusement parks around the world, each known as Legoland, and operates numerous retail stores. The company was founded on 10 August 1932, by Ole Kirk Christiansen. [7] The name Lego is derived from the Danish phrase leg godt, meaning "play well".
The founder’s great-granddaughter Sofie Kirk Kristiansen sold 4 million shares in Kirkbi, which controls 75% of the Lego Group, for 158,000 kroner apiece, the outlet reported, citing filings on ...
Last November, Sofie, the great-granddaughter of Lego founder Ole Kirk Kristiansen, sold $930 million worth of her shares in the toy company back to her family members so she could focus on ...
Lego (/ ˈlɛɡoʊ / ⓘ LEG-oh, Danish: [ˈle̝ːko]; [ 1 ] stylised as LEGO) is a line of plastic construction toys manufactured by the Lego Group, a privately held company based in Billund, Denmark. Lego consists of variously coloured interlocking plastic bricks made of acrylonitrile butadiene styrene (ABS) that accompany an array of gears ...
Lego Italy established. 1961–1962: Lego makes an arrangement allowing Samsonite to begin producing and selling Lego products in Canada, an arrangement that would continue until 1988. 1962: Lego sells toys in Singapore, Hong Kong, Australia, Morocco, and Japan. Lego 1/3 elements are introduced.
Jørgen Vig Knudstorp. Jørgen Vig Knudstorp (born 21 November 1968) is a Danish businessman who is the current executive chairman of The LEGO Group. He succeeded Kjeld Kirk Kristiansen as president and CEO of the company in October 2004, holding the position for over 12 years until January 2017, when he stepped down to become executive chairman.