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Businessman builds a used Lego empire

A young businessman from Dresden recycles used Lego bricks and sells them across the world. He's now of the biggest internet dealers in the growing trade in the timeless bricks.

Businessman builds a used Lego empire
Photo: DPA

Christoph Blödner’s office is a real kids’ paradise. Thousands of colourful Lego bricks are stacked up in cartons behind his desk along with scores of plastic animals, pirates and knights. Rows of little Lego men fill the shelves, their trademark yellow faces with and without beards, laughing or sad.

Blödner’s Dresden-based company bricksy.com buys used Lego bricks by the kilogram on Ebay. Blödner creates sets and sells them all over the world.

“The important markets are Italy, Australia, the US or Singapore,” Blödner says. His buyers come from 50 countries. The legendary bricks made by the Danish company Lego, headquartered in Billund, are hugely popular around the world.

As a kid, Blödner used to play with the colourful bricks. While at university, he even sold his collection to make some money. “I quickly realised that you get more money for sets than for individual pieces,” Blödner, who’s now 30, said.

He bought his first 100 kilogrammes of bricks at an auction, came up with a smart system and spent entire nights sorting them.

He always dreamed of being his own boss and he finally hit on a business idea. Once he’d finished university, the industrial engineer set up the portal, bricksy.com using capital investment of around €1,000.

Today, his company has a turnover of around €500,000 and Blödner hopes to crack the million mark soon. He’s tight-lipped about the profits.

The used bricks are first tossed into the washing machine. They’re then sorted according to colour, form and size. It’s no easy job given that there are more than 2,000 different basic bricks.

Around 40,000 are stacked in individual boxes and labelled with a number and photo. That makes it easier for the four employees and 50 assistants to put together the desired set according to the original Lego instructions.

“From the face down to the smallest piece, everything has to fit – even the colour combinations of the body and hands,” Blödner says. He says there are several dealers across Germany who sell used Lego bricks.

Lego updates its product line every two to three years. For lovers of older Lego toys, dealers selling used goods is the only way they can get their hands on the older products. Bricksy.com says it offers all Lego sets made until 2003. The ones from the 1980s are especially in demand, Blödner says. Even knights, castles and pirates are a hit in the used Lego brick business.

“There continues to be a growing demand,” Eva Weiß from the German Association of the Games Industry (DVSI) says. The colourful Lego bricks remain a classic in kids’ rooms. “The children think it’s cool. The parents are reminded of their own childhood,” Weiss says, adding that’s what explains the ongoing fascination for the bricks.

According to DVSI, Lego has a market share of 16.7 percent in Germany – 27 percent of its products are among the 50 best-selling toys in Germany. The DSVI says there are 670 games companies in Germany. In 2012, they had a combined turnover of €2.7 billion.

And with girls, and not just boys, increasingly beginning to play with Lego bricks, the Danish company registered record profits last year. Net profit climbed from 4.2 to 5.6 Krona (around €750 million).

Blödner sells half the bricks that he gets as complete sets via Ebay. All the others are auctioned on the online platform Brickline – a kind of Lego exchange where millions of colourful bricks change hands every day.

Blödner says bricksy.com is a leading player in the business. “We’re now among the largest used goods traders in Lego bricks worldwide.”

DPA/The Local/jcw

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BUSINESS

Denmark’s toy giant Lego offers staff bonus after bumper year

Danish toymaker Lego, the world's largest toymaker, Denmark's Lego, said on Tuesday it will offer its 20,000 employees three extra days of holiday and a special bonus after a year of bumper revenues.

Lego is rewarding staff with a Christmas bonus and extra holiday after a strong 2022.
Lego is rewarding staff with a Christmas bonus and extra holiday after a strong 2022. File photo: Ida Guldbæk Arentsen/Ritzau Scanpix

Already popular globally, Lego has seen demand for its signature plastic bricks soar during the pandemic alongside its rapid expansion in China.

“The owner family wishes to… thank all colleagues with an extra three days off at the end of 2021,” the company said in a statement.

The unlisted family group reported a net profit of more than 6.3 billion Danish kroner (847 million euros) for the first half of 2021.

Revenues shot up 46 percent to 23 billion kroner in the same period.

It had been “an extraordinary year for the Lego Group and our colleagues have worked incredibly hard,” said the statement, which added that an unspecified special bonus would be paid to staff in April 2022.

Lego, a contraction of the Danish for “play well” (leg godt), was founded in 1932 by Kirk Kristiansen, whose family still controls the group which employs about 20,400 people in 40 countries.

READ ALSO: Lego profits tower to new heights as stores reopen

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