Ferd is a Norwegian

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

which holds partial ownership in companies within

industry Industry may refer to: Economics * Industry (economics), a generally categorized branch of economic activity * Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery * The wider industrial sector ...

and

finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...

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 Alexandra () is a female given name of Greek origin. It is the first attested form of its variants, including Alexander (, ). Etymology, Etymologically, the name is a compound of the Greek verb (; meaning 'to defend') and (; genitive, GEN , ; ...

; it was established in 2001. The group also has several venture and

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

holdings. 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 A "fund of funds" (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment. A f ...

making investments in

hedge funds A hedge fund is a pooled investment fund that holds liquid assets and that makes use of complex trading and risk management techniques to aim to improve investment performance and insulate returns from market risk. Among these portfolio techniq ...

private equity fund A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity. ...

s and

mutual fund A mutual fund is an investment fund that pools money from many investors to purchase Security (finance), securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in ...

s *''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 Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the ...

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 Elopak is a Norwegian company producing cartons for liquids, starting with aseptic gable top cartons for milk. The company was founded in 1957 by Johan Henrik Andresen and Christian August Johansen as a European licensee of Pure-Pak,

* Mestergruppen * Interwell * Aibel *

mnemonic A mnemonic device ( ), memory trick or memory device is any learning technique that aids information retention or retrieval in the human memory, often by associating the information with something that is easier to remember. It makes use of e ...

* Servi Group * Fürst Medisinske Laboratorium * Infotjenester Group * Desenio AB * Fjordline * General Oceans

References

External links

Ferd
(company website) {{Authority control Holding companies of Norway Real estate companies of Norway Real estate companies established in 2001 Companies based in Bærum Private equity companies of Norway