Vestergaard (company) explained

Vestergaard
Type:Private
Foundation:1957
Founder:Kaj Vestergaard Frandsen
Location:Switzerland
Area Served:World-wide
Key People: Board members:
Industry:Public health
Products:Mosquito nets, water filters
Brands:LifeStraw, PermaNet, ZeroFly
Num Employees:170[1]
Owner:Mikkel Vestergaard Frandsen

Vestergaard is a company headquartered in Lausanne, Switzerland that manufactures public health tools for people in developing countries. Founded as Vestergaard Frandsen in 1957 as a uniform maker, the company evolved into a social enterprise making products for humanitarian aid in the 1990s. It is now best known for inventing the LifeStraw water filter and the PermaNet mosquito net.[2]

History

Vestergaard was founded in 1957 by Kaj Vestergaard Frandsen, a former farmer and the grandfather of current owner Mikkel Vestergaard Frandsen.[2] Kaj founded the company with a friend before doing it alone.[3] The company made linings for jackets and uniforms.[2] [3] Kaj's son Torben took over in 1970. Production was first moved to Ireland and then to Poland in 1989.[3]

In 1990, Torben bought up 1 million yards of Swedish army surplus fabric used for uniforms, and turned it into blankets for aid organizations. That was the beginning of a change in focus of the company that continued after Mikkel was persuaded to join the company by his father in 1993.[2] [3] Mikkel had worked in Lagos from the age of 19 running a truck company, which "ignited his passion for Africa."[4] He left Nigeria following a military coup and returned to Denmark to work with his father.[3] In 1997 Torben and Mikkel agreed to split the company into separate female uniform and humanitarian textiles businesses, and then Mikkel bought out his father and stopped producing uniforms.[3]

Under Mikkel's leadership the company focused on the business model of humanitarian entrepreneurship, product innovation that improves lives of people and makes a profit.[5] [6] [7]

In 1996, the company began supplying Guinea worm filters to The Carter Center.[8] PermaNet bed nets were launched in 1999, LifeStraw was introduced in 2005 and ZeroFly entered the market in 2012. Those early products defined Vestergaard's three focus areas aligned with the Sustainable Development Goals: public health, water and food security.[7]

The company moved headquarters from Kolding to Lausanne in 2005–6, which it said was to better attract specialist employees and due to the presence of international organizations such as UN agencies and the Red Cross in Switzerland.[9] In 2010, the company was around 20 times the size of when Mikkel joined it.[8] Vestergaard has continued to work on product innovations for vector borne illnesses, water borne illnesses and food security. In 2007, due to the increase in insecticide resistant mosquitoes, a new bednet was developed as a combination net with increased efficacy against mosquitoes resistant to insecticides. Vestergaard has been a member of the UN Global Compact since 2008 and initiated, then participated in the Bed Net Industry Dialogue hosted by the Global Business Coalition in 2009.[10] In 2012, Vestergaard developed IR Mapper, an online tool for mapping insecticide resistance.[11]

Mikkel Vestergaard Frandsen stepped down as CEO in January 2020 and was replaced by Michael Joos.[12]

Products

The company has several "disease control textiles" products designed as health interventions for developing countries, including the LifeStraw water filtration device to prevent waterborne disease, and the PermaNet, a mosquito net impregnated with the long-lasting insecticide deltamethrin to prevent malaria.[2] The company also produces ZeroFly, which is a defence against insect pests for livestock and crop protection. Vestergaard also initiates programs to enhance delivery of its products: the company bundles LifeStraw and PermaNet together into a CarePack of preventive health tools to encourage people to get tested for HIV;[13] LifeStraw has been distributed as part of the LifeStraw Carbon for Water program, where nearly 900,000 water purifiers were distributed in Kenya through funding provided by carbon offsets.[14] In 2014, Lifestraw launched a Give Back program designed to provide one school child in a developing country safe drinking water for an entire school year. The program is funded by retail sales in North America or Europe.[15] [16]

Recognition

The company was named as a Fast Company Top 50 company in 2007.[2] The company won The Economist’s Social and Economic Innovation Award in 2009.[4]

External links

Notes and References

  1. Web site: How a textile company became a development powerhouse. Adva. Saldinger. January 7, 2016. Devex Impact. January 11, 2016.
  2. News: The 6th Annual Fast 50 - 31: Vestergaard Frandsen. Fishman. Charles. Fast Company. 2007. 23 March 2012.
  3. News: A Fine Mesh. Freedman. Michael. 26 December 2005. Forbes. 23 March 2012.
  4. Web site: Leadership interview: "A leader anticipates and prepares for change". https://web.archive.org/web/20091105060619/http://rbm.who.int/globaladvocacy/leadershipinterviews6.html. dead. November 5, 2009. Savova. Boriana. October 2009. Roll Back Malaria. 23 March 2012.
  5. News: Creating successful business model: lessons for social entrepreneurship. Agrawal. Swati. September 2014. 4 December 2019.
  6. News: Work Smarter: Can the Private Sector Replace NGOs in the Developing World?. Wolfson. Elijah. 4 March 2015. Newsweek. 4 December 2019.
  7. News: How a textile company became a development powerhouse. Saldinger. Adva. 7 January 2016. Devex. 4 December 2019.
  8. Work Smarter: Vestergaard Frandsen. Cheshire. Tom. 1 March 2010. Wired. 23 March 2012.
  9. News: Fortsat udflagning i Vestergaard Frandsen. Business.dk. October 17, 2006. January 11, 2016.
  10. Web site: Improving Global Bed Net Procurement: Stakeholder Action Proposal. 2009. Global Business Coalition. 4 January 2013.
  11. News: An online tool for mapping insecticide resistance in major Anopheles vectors of human malaria parasites and review of resistance status for the Afrotropical region. Knox. Tessa. Parasites & Vectors . 7 February 2014. 7 . 10.1186/1756-3305-7-76 . free .
  12. News: Mikkel Vestergaard Frandsen hands over reins as CEO of Vestergaard, leaving a legacy of impact that has protected hundreds of millions of people from malaria, waterborne disease and food scarcity . AP News . 30 January 2020.
  13. News: A Company Prospers by Saving Poor People's Lives. McNeil. Donald. New York Times. 4 January 2013. 3 February 2009.
  14. News: Straw poll finds in favour of western Kenya's water and carbon solution. Ni Chonghaile. Clar. The Guardian. 4 January 2013. London. 29 November 2012.
  15. News: LifeStraw: Water for a Changing World . Potter. Everett. Forbes. 3 December 2019. 3 January 2019.
  16. News: LifeStraw Supports Community Through Donations, Provides Sustainable Solutions at Sold-Out Summit . 3 December 2019. 3 September 2018.
  17. Web site: LifeStraw Features . 2016-01-11 . https://web.archive.org/web/20160204073242/http://www.vestergaard.com/lifestraw-personal . 2016-02-04 . dead .
  18. http://www.vestergaard-frandsen.com/lifestraw/lifestraw-family/features LifeStraw Family Features
  19. Web site: LifeStraw® Go . www.vestergaard.com . dead . https://web.archive.org/web/20140321040318/http://www.vestergaard.com/lifestraw-go . 2014-03-21.
  20. Web site: Carter Center Program Donors. Carter Center. 2013. 4 January 2013.
  21. Web site: INDEX: The ZeroFly storage bag can significantly reduce food waste. Alter. Lloyd. August 21, 2015. TreeHugger. January 11, 2016.