Type Private Founded 1778 | Owner Johan H. Andresen, Jr. Number of employees 37 | |
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Key people Johan H. Andresen jr. (CEO)Grace Skaugen (Chairman) Revenue NOK 6,602 million (2006) Operating income CEO John Giverholt (Oct 2012–) 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:
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: