Neha Patil (Editor)

Ferd (company)

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Type
  
Private

Area served
  
Norway

Headquarters
  
Bærum, Norway

Founded
  
1778

Industry
  
Holding

Owner
  
Johan H. Andresen, Jr.

Number of employees
  
37

Ferd (company) wwwferdnoresourcespeoplepressethumbsferdlo

Key people
  
Johan H. Andresen jr. (CEO) Grace Skaugen (Chairman)

Revenue
  
NOK 6,602 million (2006)

Operating income
  
NOK 1,192 million (2006)

CEO
  
John Giverholt (Oct 2012–)

Subsidiaries
  
Elopak, Aibel, Swix, Elopak Systems Ag, TiMar Group AS

Profiles

Ferd is a Norwegian holding company which holds partial ownership in companies within industry and finance as well as a real estate portfolio. The company has 37 employees and is owned by Johan H. Andresen and his two daughters Katharina and Alexandra; it was established in 2001. The group also has a number of venture and private equity holdings.

Contents

The company's name ferd is a Norwegian word meaning journey.

Business

The company operates in several business areas including:

  • Ferd Capital and Ferd Invest, an investor in private and public companies in Norway making investments from the company's balance sheets
  • Ferd External Managers, a fund of funds making investments in hedge funds, private equity funds and mutual funds
  • Ferd Real Estate, manages approximately 70,000 square meters of real estate
  • Herkules Capital (formerly Ferd Private Equity) makes private equity investments
  • History

    The company was founded in 2001, when Tiedemanns-Joh. H. Andresen DA and Hartog & Co AS were merged to form the current Ferd AS. The company's history dates back to 1849, when the Andresen family acquired J. L. Tiedemanns Tobaksfabrik, a tobacco factory. The original tobacco company was sold to Skandinavisk Tobakskompagni in 1998.

    Herkules Capital

    Ferd Private Equity, renamed Herkules Capital after its spinout in 2008, makes private equity investments on behalf of third party investors through leveraged buyouts and growth capital infusions Herkules currently manages approximately NOK 6.25 billion. Ferd Private Equity was established in 2003 with Ferd serving as the cornerstone investor in the group's first fund. Ferd raised a new fund in 2006 and completed a spinout in March 2008.

    Ownership

    Ferd's portfolio consists, among others, of:

  • Swix
  • Elopak
  • Photocure
  • Data Respons
  • Eltek
  • SeaBird Exploration
  • Kvaleberg
  • Nanoradio
  • References

    Ferd (company) Wikipedia