Generational handover

TF-Trading A/S has undertaken a generational handover, as 64-year-old founder and Managing Director Peter Teilmann has retired due to illness.
Peter Teilmann’s two daugthers, Karin Teilmann and Lisbeth Teilmann, both of whom has been part of the board of directors for years, have taken over the company in order to ensure the continued existence of the company on family hands. The aim has been to secure stability and growth for the company.
At the same time, Peter Teilmann has retired from his position as Managing Director, and Lisbeth Teilmann has become new CEO for the company.
TF Trading A/S was founded in 1978 by Peter Teilmann. The company started out as a distributor of equipment to the road construction industry, but quickly developed into an electronics producer of ignition boxes, thermostatic control and ultrasonic sensors for road construction machines.