Jøtul AS () is a Norwegian

limited company In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by ...

that manufactures

cast iron Cast iron is a class of iron–carbon alloys with a carbon content more than 2%. Its usefulness derives from its relatively low melting temperature. The alloy constituents affect its color when fractured: white cast iron has carbide impuriti ...

stoves and

fireplace A fireplace or hearth is a structure made of brick, stone or metal designed to contain a fire. Fireplaces are used for the relaxing ambiance they create and for heating a room. Modern fireplaces vary in heat efficiency, depending on the design. ...

s. The head office is situated in

Fredrikstad Fredrikstad (; previously ''Frederiksstad''; literally "Fredrik's Town") is a city and municipality in Viken county, Norway. The administrative centre of the municipality is the city of Fredrikstad. The city of Fredrikstad was founded in 15 ...

. Jøtul AS is also the parent company in the Jøtul Group, with subsidiaries in the United States, United Kingdom, Denmark, France, Italy, Spain and Poland.

History

Jøtul was founded by Oluf Onsum as Kværner Jernstøberi (''Kværner Foundry'') in the outskirts of Christiania (now

Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of ...

) in 1853. While stoves initially were the main products, the company had diversified by the beginning of the 20th century, when it produced

turbine A turbine ( or ) (from the Greek , ''tyrbē'', or Latin ''turbo'', meaning vortex) is a rotary mechanical device that extracts energy from a fluid flow and converts it into useful work. The work produced by a turbine can be used for generating e ...

s and lumber equipment. As the heating appliance manufacture decreased in importance, the production was spun off in 1916 and sold to Herman Anker, one of Kværner's managers. He founded Jøtul AS in 1920 as a sales organization for its products. The sales stagnated during the depression in the 1920s, and 36-year-old Herman Anker died in 1927, leaving it to his successor, 34-year-old Johannes Gahr to modernize and eventually salvage the company. By 1935, the turnaround had succeeded, and the firm acquired its modern name. By the 1960s, stoves using liquid fuels, especially

kerosene Kerosene, paraffin, or lamp oil is a combustible hydrocarbon liquid which is derived from petroleum. It is widely used as a fuel in aviation as well as households. Its name derives from el, κηρός (''keros'') meaning "wax", and was regi ...

had supplanted wood-burning appliances, a trend that was only reversed in the 1970s, partly due to the

1973 oil crisis The 1973 oil crisis or first oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC), led by Saudi Arabia, proclaimed an oil embargo. The embargo was targeted at nations that had supp ...

. Jøtul used this opportunity to gain a strong international foothold and drastically increased its exports to continental

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

and

North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...

. The Gahr family sold the business to

Norcem Norcem AS is a Norwegian manufacturer of cement, and subsidiary of HeidelbergCement. It has plants in Brevik and Kjøpsvik. History Norcem was established in 1968 as a merger between the three cement factories Christiania Portland Cementfabr ...

in 1977, and a period of international expansion began, as Jøtul acquired a number of foundries and importers abroad. This period lasted for approximately ten years, but came to an end during the recession in the late 1980s, when Jøtul once again focussed on the domestic market. However, it has resumed its international diversification in the 21st century, and today its products are sold worldwide. In March 2018, Jøtul was acquired by the global private equity firm OpenGate Capital. Along with management, OpenGate has crafted a plan to boost performance and eliminate inefficiencies in Jøtul's operations. In addition, OpenGate Capital is actively searching for add-on targets to further drive Jøtul's growth. In November 2018, OpenGate and Jøtul completed the add-on acquisition of AICO, an Italian and French based pellet-burning stove leader.

Products and markets

The Jøtul Group sells and markets its products under the brands ''Jøtul, Scan, Atra, Ild, Warm, Jøtul Group Accessories'' and ''Jøtul Group Chimney System'' throughout North and

South America South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere at the northern tip of the continent. It can also be described as the southe ...

, Europe,

South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...

and

Oceania Oceania (, , ) is a region, geographical region that includes Australasia, Melanesia, Micronesia, and Polynesia. Spanning the Eastern Hemisphere, Eastern and Western Hemisphere, Western hemispheres, Oceania is estimated to have a land area of ...

. Jøtul products have received several design awards from both the

Norwegian Design Council Norwegian Design Council ( no, Norsk Designråd) was a Norwegian state-controlled foundation that encouraged good design of Norwegian products as a key to improved innovation and the products international reputation and sales. Among the activiti ...

and Red dot design awards.

References

{{DEFAULTSORT:Jotul Heating, ventilation, and air conditioning companies Norwegian brands Companies established in 1853 1853 establishments in Norway Manufacturing companies of Norway Engineering companies of Norway Companies based in Østfold