The Lego Organization History

The Seglar company was founded in 1932 when Danish carpenter Ole Kirk Christiansen started making gadgets for a living. He fought to make ends meet in the depths of the Great Depression, but the miniscule prototypes he previously made of things like ironing boards and ladders had great potential mainly because children’s toys. This individual named the business Lego after two Danish key phrases, leg and godt, which means “play very well. ”

In 1958, important site he made the iconic seglar brick with pontoons inside that means it is interlock to lego bits. This innovative innovation changed distinguishly the company and allowed that to develop at an unbelievable pace.

By 1960s, Profano had broadened its overseas reach and began producing toys underneath license in North America via an arrangement with luggage maker Samsonite. The company also set about selling collections with all the items wanted to build a certain model, and introduced dedicated themes which include Space (with astronaut minifigures), Castle, Town (later renamed Profano City), and FabuLand.

In the 1970s, Lego took a remarkable step forward using its introduction of Lego shapes that got movable legs and arms. The company likewise began employing more plastic-type material and adding larger obstructs for younger children, a sections called Duplo. In the eighties, Lego’s sales grew at a remarkable rate of ten percent every year, in spite of overall gadget industry product sales growth slowing down.

Today, Profano is a large global corporation with gross income of above $5. main billion and one of the most coveted brands in the world, ranking best on Manufacturer Finance’s ‘Most Powerful Brand’ list in 2015. Nonetheless it still seems less just like a ruthlessly commercial giant and even more like an classic family friend.