Ferd (company)

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 75 employees and is owned by Johan H. Andresen and his two daughters Katharina and Alexandra;^[2] it was established in 2001. The group also has several venture and private equity holdings.

Ferd Holding

Company type	Private
Industry	Holding
Founded	2001; 24 years ago (2001)[1]
Headquarters	Bærum, Norway
Area served	Norway
Key people	Johan H. Andresen Jr. (chairman)
Revenue	NOK 19,364 million (2017)
Operating income	NOK 1,192 million (2017)
Net income	NOK 1,096 million (2017)
Total equity	NOK 24,926 million (2017)
Owner	Katharina and Alexandra Andresen
Number of employees	75
Subsidiaries	Swix Elopak
Website	https://ferd.no

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

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.

Ownership

Ferd's portfolio consists, among others, of the private holdings in:

• Swix
• Elopak
• Mestergruppen
• Interwell
• Aibel
• mnemonic
• Servi Group
• Fürst Medisinske Laboratorium
• Infotjenester Group
• Desenio AB
• Fjordline
• General Oceans^[3]