MBL A/S

About MBL A/S

The story of MBL A/S begins not in a boardroom, but with a chance discovery in Finland. In 1988, engineer Mogens Lauritsen came across a unique rubber material suitable for puncture-proof tires. Back in Denmark, his wife, Ingelise, a nurse, immediately saw the potential to improve the lives of wheelchair users. This insight became the foundation of MBL, a family company started in their garage, with wheels assembled on a table-tennis table by local kids after school. The initial focus was on providing quality components to wheelchair manufacturers. Recognizing a need for reliable and affordable parts, Mogens and Ingelise expanded their assembly operations, founding a subsidiary in Poland in 1992. This was a pivotal move, allowing MBL to scale its production. The company's growth continued with a further expansion into China in 1998, establishing a manufacturing and distribution hub for Asia and the Americas. Over the years, the product line grew from tires to a comprehensive range of components for manual and powered wheelchairs. A significant event occurred in 2020 when INVL Baltic Sea Growth Fund, a Lithuanian investment fund, acquired a 48% stake in the MBL Group. This partnership was part of a generational change, with the Lauritsen family retaining a 52% majority share. The investment provided fresh capital while ensuring the founding family's vision continued. Today, MBL is a global supplier in the rehabilitation industry, operating in Denmark, Poland, China, and the US, demonstrating how a simple, practical idea can become a worldwide enterprise.