What ITP GROUP does

ITP Group AS is a privately-held Norwegian-anchored international sourcing and supply chain management company founded in 1998. Headquartered in Oslo, Norway, with a regional office in Hellerup (Denmark) and operations support in Os (Norway) and China, the company employs more than 60 dedicated staff across 5+ countries and maintains a footprint of approximately 15 offices. The group operates three wholly-owned business divisions: GSC Solutions (large-scale supply chain management for brands and global retail chains), Nordic Bath (Scandinavian bathroom interiors and concepts supplied to retail chains and sanitation wholesale co-operatives), and Colorful Craft (hand knitting yarn and handicraft accessories for the retail market).

The company's revenue model blends B2B managed services and manufacturing-as-a-service (supply chain orchestration from design through production, quality control, and packaging) with proprietary own-brand product sales across home and craft retail categories. Its stated differentiators include ISO 9001:2015 certification by DNV GL, an internal supplier compliance database, OECD-aligned annual sustainability due diligence, and a Supplier Code of Conduct grounded in UN and ILO conventions. Production oversight is anchored by approximately 70 in-house engineers, product developers, compliance, and quality staff based in China with daily contact at collaborating factories. ITP Group restructured into its current three-division structure in 2021 to improve service quality and organizational effectiveness.

ITP Group takes a direct enterprise sales motion with brands and global retail chains. No public customer logos are disclosed, no pricing is published, and no revenue figures are reported. The company has no disclosed institutional funding beyond a 2006 investment by Katalysator AS, no AI/technology capabilities are referenced in the available material, and ownership structure is not publicly detailed. Marketing channels are limited to a corporate website and a LinkedIn profile.

Name

ITP GROUP

Legal name

ITP AS

Website

https://itp-group.org

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

ITP Group AS is a privately-held Norwegian-founded international sourcing and supply chain management company operating three divisions — GSC Solutions, Nordic Bath, and Colorful Craft — serving retail brands and chains across 5+ countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Supply Chain Management (SCM) Services: Large scale supply chain management services to brands and the retail industry, orchestrating needed steps in the supply chain.
2. Manufacturing as a Service: Manufacturing services for the retail industry with complete control from idea generation and design phase to final production, quality control, and packaging.
3. Own Brand Products - Colorful Craft: Hand knitting yarn and handicraft accessories for the retail market, offering solutions ranging from single customized products to complete brand packages.
4. Own Brand Products - Nordic Bath: Scandinavian bath supplier offering bathroom interiors and concepts for the retail market, specialized retail chains, and sanitation wholesale co-operatives.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

ITP Group is an international sourcing and supply chain management company providing large-scale SCM and manufacturing-as-a-service to brands and the retail industry. Through its three divisions—GSC Solutions, Nordic Bath, and Colorful Craft—it manages the full chain from idea generation, design, sourcing, and production oversight to quality control and packaging. It also distributes own-brand Scandinavian bathroom interiors and hand knitting yarn/h handicraft accessories through retail and wholesale channels.

Product overview

ITP Group operates as an investment platform with three distinct business divisions: Nordic Bath (Scandinavian bathroom interiors and concepts for retail), Colorful Craft (hand knitting yarn and handicraft accessories), and GSC Solutions (supply chain management services for brands and retail). The company offers supply chain management (SCM) and manufacturing as a service for the retail industry. In 2021, ITP Group restructured into these three divisions to ensure service quality, organizational effectiveness, and leveraging existing experience and knowledge across the portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• Nordic Bath: Scandinavian bath supplier offering bathroom interiors and concepts for the retail market, specialized retail chains, and sanitation wholesale co-operatives. Has more than 20 years of experience in production of quality products from Asia and Europe with 70 employed engineers, product developers, compliance, and quality staff in China.
• Colorful Craft
• GSC Solutions

Products and services

• GSC Solutions International company offering large-scale supply chain management (SCM) services to brands and the retail industry. Provides flexible SCM solutions customized to customers and orchestrates the needed steps in the supply chain through a global sourcing network, market knowledge, product trend forecasting, and advanced technology. Driven by a Nordic mindset valuing quality, professionalism, and collaboration.
• Nordic Bath Scandinavian bath supplier offering bathroom interiors and concepts for the retail market, specialized retail chains, and sanitation wholesale co-operatives. Acts as a 360-degree business partner creating customized bathroom concepts with complete control of product manufacturing from design through production, quality control, and packaging. Has more than 20 years of experience in production of quality products from Asia and Europe, supported by 70 employed engineers, product developers, compliance, and quality staff in China.
• Colorful Craft Major international hand knitting yarn supplier and handicraft accessories provider for the retail market. Offers solutions ranging from single customized products to complete brand packages of several product lines with supporting marketing initiatives for brands and global retail chains.

Quantifiable outcome

• 100% policy compliance across all offices and subsidiaries
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators6 records

Recent moves1 record

Direct peers

• Qima: Supply chain quality and compliance solutions provider with strong Asia-based inspector networks. Closely comparable to ITP Group's manufacturing oversight, supplier compliance, and ethical-trade services offered via GSC Solutions.
• Hobbii: Danish hand knitting yarn and handicraft retailer with global e-commerce presence. Most direct comparable to ITP Group's Colorful Craft division, competing for the same hobbyist and craft-retail customer base.
• Li & Fung: Hong Kong-headquartered global sourcing and supply chain management company serving major retail brands across multiple product categories. Directly comparable to ITP Group's GSC Solutions division in B2B retail SCM, though at much larger scale.
• Dansani: Scandinavian bathroom furniture and interiors brand serving retail chains and wholesalers in the Nordics. Closely comparable to ITP Group's Nordic Bath division in product category, geography, and go-to-market.
• Sandnes Garn: Long-established Norwegian yarn brand selling hand knitting yarn through retail chains in Scandinavia. Direct comparable to Colorful Craft's yarn business from a same-region, same-category standpoint.
• Drops Design / Garnstudio: Scandinavian hand knitting yarn brand with international retail distribution and pattern libraries. Comparable to Colorful Craft in product category, distribution model, and target market.

Broad incumbents

• Intertek: Global quality assurance and testing company with significant Asia presence. Comparable to ITP Group on the product quality verification and supplier audit dimension of its SCM services offering.
• Bureau Veritas: Global testing, inspection, and certification (TIC) company operating across multiple industries. Comparable to ITP Group in the compliance, quality, and audit dimension of its supplier oversight services, but at much larger scale and broader scope.
• SGS: World's largest testing, inspection, and certification company with deep Asia sourcing networks. Adjacent comparable to ITP Group's supplier compliance and quality control capabilities, particularly for retail sourcing clients.

Regional players

• Brødrene Dahl: Leading Scandinavian sanitation, plumbing, and bathroom wholesale distributor serving the same retail and trade channels targeted by Nordic Bath. Comparable regional peer in the bath/sanitation wholesale channel.

Market position

Strengths5 records

Weaknesses5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/itp-group-international

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ITP GROUP