Grieg Group is a

family-owned A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or marriage or adoption, who has both the ability to influence the vision of the business and the willing ...

business headquartered in

Bergen Bergen (), historically Bjørgvin, is a city and municipality in Vestland county on the west coast of Norway. , its population is roughly 285,900. Bergen is the second-largest city in Norway. The municipality covers and is on the peninsula o ...

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...

History

In 1884, Joachim Grieg established a

shipbroking Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators (i.e. brokers) between shipowners and charterers who use ships to transport cargo, or between buyers ...

firm in Bergen, where the company continued to develop during the two world wars. In 1960 Per Grieg Sr. joined the company and organized it into a specialized business. Today the group, made up of several companies worldwide, is owned and led by members of the 4th and 5th generation of the Grieg family. The Grieg Group operates within seafood, shipping, shipbroking, maritime innovation, logistics, and investments. The Grieg Group has 1710 employees and operates from Norway (the company's headquarters) to the rest of Europe, the US, Canada and Asia. The Grieg family owns the Grieg Group through their holding company, Grieg Maturitas (75%), and Grieg Foundation (nonprofit organization, 25%).

Companies

Grieg Maturitas

The Grieg Group's holding company owns 75% of the Grieg Group.

Elisabeth Grieg Elisabeth Grieg (born 12 June 1959) is a Norway, Norwegian businessperson. She is part owner of Grieg Group and holds many chair and board positions in the group. Outside the group she is Chairman of Norsk Hydro since 2007, deputy chair of the No ...

is chair of the board.

Grieg Maritime Group

Grieg Maritime Group started as a shipping company in the early 1960s, building up a fleet of multipurpose vessels. Grieg Star is still one of the major operators within the open hatch shipping segment through G2 Ocean, the Grieg Group's joint venture with Gearbulk and the largest open hatch shipping company. Today, the company is organized into separate and semi-autonomous companies. Through Grieg Ship-owning and Grieg Star, Grieg Maritime Group develops ship-owning and ship management operations, and provides sustainability services to the maritime sector through its subsidiaries Grieg Edge and Grieg Green.

Grieg Logistics

Grieg Logistics is a provider of ship services and industrial terminal operations to the oil and gas, shipping, offshore, maritime and general industries. In Norway, Grieg Logistics serves the country with a large number of local offices. Grieg Logistics is organized into business areas, covering Grieg Strategic Services, Grieg Connect, Mosjøen Industriterminal, and Grieg Ships Services.

Grieg Kapital

Grieg Kapital is a unifying investment and asset management company within the Grieg Group. The company's mandate is to safeguard and develop its financial asset portfolio.

Grieg Investor

Grieg Investor is a Norwegian-based independent institutional investment consulting practice. The company's core business activities are long-term investment policies, manager selection and consolidated reporting. Grieg Investor has offices in Oslo, Stavanger, and Trondheim. the company is 55% owned by the Grieg Group and 45% by the employees of Grieg Investor. Grieg Investor is authorized and regulated by the

Financial Supervisory Authority of Norway Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...

(Finanstilsynet). Grieg Investor's clients are purely institutional, such as pension funds, family offices, municipalities, insurance companies and foundations.

Grieg Shipbrokers

Grieg Shipbrokers is a provider of shipbroking services and was the first company to be established by the Grieg Group back in 1884. Grieg Shipbrokers operates worldwide, with offices in Bergen, Oslo and London.

Grieg Aqua

Grieg Aqua is one of the world's leading

salmon farming The aquaculture of salmonids is the farming and harvesting of salmonids under controlled conditions for both commercial and recreational purposes. Salmonids (particularly salmon and rainbow trout), along with carp, and tilapia are the three most ...

companies, targeting 80,000 tonnes of harvest in 2021 (excluding Shetland) and 130,000 tonnes in 2025. Grieg Seafood's farms are in Finnmark and Rogaland in Norway, British Columbia and Newfoundland in Canada, and Shetland in the UK. The company's headquarters is located in Bergen, Norway. More than 1000 people work in the company.

Sustainable farming Sustainable agriculture is agriculture, farming in sustainability, sustainable ways meeting society's present food and textile needs, without compromising the ability for current or future generations to meet their needs. It can be based on an u ...

practices are the foundation of Grieg Seafood's operations. The lowest possible environmental impact and the best possible fish welfare are both an ethical responsibility and part of the drive toward economic profitability. Towards 2025, Grieg Seafood aims for global growth and cost improvements and to evolve from a pure salmon supplier to a partner for selected customers. The company was listed on the

Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...

on 21 June 2007. Through Grieg Aqua, the Grieg Group owns 50.17% of the shares in Grieg Seafood.

References

{{Authority control Shipping companies of Norway Dry bulk shipping companies Companies based in Bergen Transport companies of Vestland Companies with year of establishment missing