Sep 1, 1954 CE
First Ostomy Bag Launched
Coloplast launches its first product, a disposable ostomy bag, revolutionizing patient care for ostomates. #medicaldevices #innovation
Chronological Storyline (45 Milestones)
1954 CE
Coloplast Founded
Coloplast is founded in Denmark by nurse Elise Sørensen and entrepreneur Aage Louis-Hansen, driven by Sørensen's invention of the first disposable ostomy bag. #business #medicaldevices
1957 CE
First Production Facility
Coloplast establishes its first factory in Denmark, enabling mass production of ostomy products. #manufacturing #business
1963 CE
First International Subsidiary in Sweden
Coloplast opens its first international subsidiary in Sweden, marking the beginning of global expansion. #globalexpansion #business
1968 CE
Entry into German Market
Coloplast establishes a subsidiary in Germany, its second international market, tapping into Europe's largest economy. #marketexpansion #medicaldevices
1970 CE
Expansion into UK Market
Coloplast enters the United Kingdom market, establishing a subsidiary in London. #marketexpansion #business
Apr 1, 1974 CE
Listed on Copenhagen Stock Exchange
Coloplast goes public on the Copenhagen Stock Exchange (now Nasdaq Copenhagen), raising capital for growth. #ipo #finance
Jun 1, 1974 CE
First Dividend Paid
Coloplast pays its first dividend to shareholders after listing, reflecting strong financial performance. #finance #shareholders
1977 CE
Launch of Child-Friendly Ostomy Products
Coloplast introduces a line of ostomy products designed specifically for children and infants. #productdevelopment #ostomy
1979 CE
Launch of New Ostomy System
Coloplast introduces a new ostomy system with improved adhesive technology, enhancing patient comfort. #productlaunch #medicaldevices
1983 CE
First Acquisition: Danish Medical Firm
Coloplast makes its first acquisition, a small Danish medical device company specializing in wound care. #acquisition #business
1985 CE
Introduction of Contour Ostomy Pouch
Coloplast launches the Contour ostomy pouch, a curved design that fits better to the body. #innovation #medicaldevices
1986 CE
Entry into Wound Care
Coloplast expands into wound care by launching foam dressings and other advanced wound management products. #woundcare #diversification
1988 CE
Launch of the First Two-Piece Ostomy System
Coloplast launches a two-piece ostomy system, offering greater flexibility and comfort for users. #innovation #ostomy
1992 CE
Launch of Urology Product Line
Coloplast enters the urology market with the launch of urinary catheters and incontinence products. #urology #medicaldevices
1993 CE
Entry into Latin American Market
Coloplast expands into Latin America, establishing operations in Brazil and Mexico. #globalexpansion #business
1995 CE
Acquisition of Urocare Products
Coloplast acquires a small urology device manufacturer to strengthen its catheter product line. #acquisition #urology
1996 CE
Acquisition of MediGroup
Coloplast acquires MediGroup, a German wound care company, strengthening its position in Europe. #acquisition #business
1997 CE
First Manufacturing Plant in Asia
Coloplast opens its first manufacturing plant in Asia, located in Thailand, to serve growing regional demand. #manufacturing #asia
2000 CE
Revenue Exceeds DKK 1 Billion
Coloplast reports annual revenue exceeding DKK 1 billion for the first time, driven by global sales. #finance #business
2001 CE
Revenue Surpasses DKK 2 Billion
Coloplast achieves revenue of DKK 2 billion, doubling sales in five years. #finance #growth
2002 CE
Acquisition of Bard Urology Division
Coloplast acquires the urology division of C.R. Bard, expanding its product portfolio in intermittent catheters. #acquisition #urology
2004 CE
Lars Rasmussen Appointed CEO
Lars Rasmussen becomes CEO of Coloplast, leading the company through a period of international expansion. #leadership #ceo
2005 CE
Acquisition of French Wound Care Company
Coloplast acquires a French wound care company, expanding its footprint in Southern Europe. #acquisition #woundcare
Mar 1, 2007 CE
Launch of SenSura Ostomy System
Coloplast launches SenSura, a revolutionary ostomy system with a flexible adhesive that improves skin health. #innovation #productlaunch
2008 CE
Launch of Assura Two-Piece System
Coloplast launches Assura, a new two-piece ostomy system with advanced filter technology. #productlaunch #ostomy
2009 CE
Acquisition of Derma Sciences
Coloplast acquires Derma Sciences, a U.S. wound care company, for $150 million to enter the American market. #acquisition #woundcare
2010 CE
Entry into Asian Markets
Coloplast establishes direct operations in China and India, tapping into high-growth emerging markets. #expansion #asia
2011 CE
Acquisition of Atrium Medical
Coloplast acquires Atrium Medical, a wound care and surgical products company, for $550 million. #acquisition #medicaldevices
2012 CE
Coloplast Named Official Partner of Ostomy Awareness
Coloplast partners with healthcare organizations to promote ostomy awareness, enhancing patient support. #csr #healthcare
2013 CE
Coloplast Appoints First Chief Sustainability Officer
Coloplast creates a sustainability leadership role, committing to reduce environmental footprint. #sustainability #leadership
2014 CE
Revenue Reaches DKK 15 Billion
Coloplast reports annual revenue of DKK 15 billion, driven by strong organic growth and acquisitions. #finance #growth
2015 CE
Acquisition of NinePoint Medical Assets
Coloplast acquires assets from NinePoint Medical, expanding its urology portfolio with advanced imaging technology. #acquisition #urology
2016 CE
Launch of SpeediCath Nexa Catheter
Coloplast launches SpeediCath Nexa, a hydrophilic intermittent catheter with an integrated bag for easier use. #innovation #urology
2017 CE
Acquisition of B. Braun's Ostomy Business
Coloplast acquires B. Braun's ostomy care business for €130 million, solidifying its European leadership. #acquisition #ostomy
Sep 1, 2018 CE
Coloplast Wins Medical Device Design Award
Coloplast's SenSura Mio Convex product wins a Red Dot design award for innovation and usability. #design #award
2018 CE
Coloplast Ranked Among Most Sustainable Companies
Coloplast is ranked in the top 10% of the Dow Jones Sustainability Index for its environmental and social initiatives. #sustainability #csr
2019 CE
Launch of Coloplast Digital Health Platform
Coloplast launches a digital health platform offering remote coaching and support for ostomy patients. #digitalhealth #innovation
Mar 1, 2020 CE
COVID-19 Response and Production Ramp-Up
Coloplast ramps up production of essential medical supplies during the COVID-19 pandemic, ensuring continuity for patients. #covid19 #healthcare
Dec 1, 2020 CE
Launch of Brava Skin Care Product Line
Coloplast launches Brava, a comprehensive line of skin care products for ostomates, reducing irritation. #productlaunch #ostomy
2021 CE
Kristian Villumsen Appointed CEO
Kristian Villumsen succeeds Lars Rasmussen as CEO, focusing on digital transformation and sustainability. #leadership #ceo
2022 CE
Coloplast Opens Innovation Center in Copenhagen
Coloplast inaugurates a state-of-the-art innovation center in Copenhagen to accelerate R&D in medical devices. #innovation #rd
2022 CE
Acquisition of KCI's Wound Care Business
Coloplast acquires the wound care business of KCI (now part of 3M) for $1.3 billion, becoming a global wound care leader. #acquisition #woundcare
2023 CE
Launch of New Biofabric Materials
Coloplast unveils a new biofabric wound dressing made from sustainable materials, reducing environmental impact. #sustainability #innovation
Jun 1, 2024 CE
Coloplast Celebrates 70th Anniversary
Coloplast marks its 70th anniversary with events globally, highlighting its enduring commitment to patient care and innovation. #anniversary #business