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Kirkbi A/S (Kirkbi) is a Danish investment management company headquartered in Billund, Denmark that serves as a family office to manage the fortune of the Kristiansen family, the current owners of The Lego Group. It owns 75% of The Lego Group, 47.5% of Merlin Entertainments and BrainPop.
In 2007, he joined the board of directors of the LEGO Foundation. In 2016, Thomas Kristiansen became deputy chairman of the company, and in 2020 he was appointed Chairman of the Board of Directors. On May 1, 2023, his father passed the title of Chairman of Kirkbi and the Lego Group to Thomas.
He introduced themes, minifigures, LEGO.com, Lego Mindstorms and licensed properties. [3] In 2004, he stepped down as president and CEO to focus on his role as owner of the Lego Group and vice-chairman of the board, while maintaining his role as chairman of the board of KIRKBI A/S , Lego Holding A/S and the Lego Foundation. [ 3 ]
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 ...
Lego bucked a 7% decline in the global toy market last year as it boosted consumer sales by 4%, notching up revenues of DKK 66 billion ($9.7 billion) for 2023 in the process.
The Lego Group (also known as Lego System A/S or formally Lego A/S) [5] is a Danish construction toy production company based in Billund, Denmark. [6] It manufactures Lego -branded toys, consisting mostly of interlocking plastic bricks.
On 11 March 1958, Christiansen experienced a cardiac arrest and died at the age of 66. His third son Godtfred took over the company until his death in 1995. [ 14 ] [ 15 ] Ole died just before his son used the Automatic Binding Brick as the basis for the company's "System of Play", which was the foundation of the modern Lego building toy.
Kirkbi AG v. Ritvik Holdings Inc., [2] popularly known as the Lego Case, is a decision of the Supreme Court of Canada.The Court upheld the constitutionality of section 7(b) of the Trade-marks Act [3] which prohibits the use of confusing marks, as well, on a second issue it was held that the doctrine of functionality applied to unregistered trade-marks.