Thule AB engages in the development, manufacture, and sale of load carrying systems for cars. It operates through three divisions: Car Accessories, Car Rails, and Snow Chains. The Car Accessories division offers load-carrying systems, including roof racks, rooftop boxes, and bike carriers, as well as accessories for recreational vehicles. The Car Rails division develops, manufactures, and markets roof rails for factory installation, primarily for the automotive industry in Northern and Eastern Europe. This segment’s customers include car manufacturing companies in European market. The Snow Chains division provides various snow chains for cars and professional users. This division also produces chains for industrial use for supplier of snow chains for passenger cars. Thule primarily markets its products in North America, Europe, Africa, and Asia. The company was founded in 1942 and is based in Malmo, Sweden.