Thule Group has decided to divest a business in the U.S. for the production and sale in North America of tool boxes for pick-up trucks that generated sales of 307 million Swedish kronor (€31.9m-$34.1m) last year. The process should be completed in the course of 2017, leaving the Specialty segment of the group with the supply of roof racks and small accessories for pick-up trucks. This business, which generated sales of SEK 158 million (€16.4m-$17.5m) last year, will be kept and included in the Sport & Cargo Carrier segment for the Americas.

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