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SHV Holdings is a privately owned
Dutch Dutch or Nederlands commonly refers to: * Something of, from, or related to the Netherlands ** Dutch people as an ethnic group () ** Dutch nationality law, history and regulations of Dutch citizenship () ** Dutch language () * In specific terms, i ...
trading company, regarded as one of the world's largest private trading groups. SHV is a highly diversified company, with interests in
transport Transport (in British English) or transportation (in American English) is the intentional Motion, movement of humans, animals, and cargo, goods from one location to another. Mode of transport, Modes of transport include aviation, air, land tr ...
,
retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholes ...
,
oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturate ...
,
food Food is any substance consumed by an organism for Nutrient, nutritional support. Food is usually of plant, animal, or Fungus, fungal origin and contains essential nutrients such as carbohydrates, fats, protein (nutrient), proteins, vitamins, ...
and
financial services Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ...
. It currently employs more than 50,000 people.


History


1896–1939

On 1 April 1896, eight Dutch coal wholesalers merged to found the ''Steenkolen Handels-Vereniging'' (Coal-trading company), as a response to the formation of the German Rhenish-Westphalian Coal Syndicate (Rheinisch-Westfälisches Kohlen-Syndikat). By 1904, the company had secured exclusive rights to trade
Westphalia Westphalia (; ; ) is a region of northwestern Germany and one of the three historic parts of the state of North Rhine-Westphalia. It has an area of and 7.9 million inhabitants. The territory of the region is almost identical with the h ...
n coal in the Netherlands. Under the guidance of director Frits "FH" Fentener van Vlissingen, SHV's stature in the Netherlands went from strength to strength. Under his direction, SHV moved its headquarters from
Rotterdam Rotterdam ( , ; ; ) is the second-largest List of cities in the Netherlands by province, city in the Netherlands after the national capital of Amsterdam. It is in the Provinces of the Netherlands, province of South Holland, part of the North S ...
to Utrecht, to take advantage of the city's position as the hub of the Dutch railway network. By 1910, SHV had positioned itself as one of the foremost trading forces in the Netherlands.F.H. van Vlissingen
in inghist
Thanks to his expertise in the coal trading business, Fentener van Vlissingen was appointed as director of the State Coal Board, which managed coal distribution in the Netherlands during the
First World War World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting to ...
. Although the Netherlands was neutral, the war years were difficult for SHV, as Westphalian coal output was assigned to support the German war effort. Nevertheless, in 1917 SHV established a holding company, ''Administratiekantoor Unitas'' to exploit a German anthracite mine. This entity (simply called "Unitas") became SHV's first investment arm, providing foundation capital for companies like
Koninklijke Hoogovens Koninklijke Hoogovens known as Koninklijke Nederlandse Hoogovens en Staalfabrieken (KNHS) until 1996 or informally Hoogovens. is a Dutch steel producer founded in 1918. Since 2010, the plant is named Tata Steel IJmuiden. The steelworks based i ...
and
KLM KLM Royal Dutch Airlines, or simply KLM (an abbreviation for their official name Koninklijke Luchtvaart Maatschappij N.V. , ),
. The 1920s also brought about a major change in the Dutch industrial sector: a slump in fishing led to the consolidation of three major shipping companies and their new energy needs also affected the SHV. In response to these changes, SHV established its first oil bunker station and sold crude for the motor vessels of the recently merged shipping companies. The shifts in energy economics in the Netherlands followed changes taking place around the world. In 1914, close to 94% of ships around the world were fuelled by coal; by 1939 this had fallen to 48%. Oil was preferred over coal because it burned more efficiently: in some cases, shipping companies saved up to 40% in operating costs by switching to motor vessels. S.H.V. was directed by Daniel George van Beuningen who took over from his father.


1940–1970

On 10 May 1940,
Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...
attacked Belgium, France, Luxembourg and the Netherlands. After four days of fighting, the Dutch government capitulated and the occupation of the Netherlands began. After the war, SHV had to cope with the economic difficulties of a continent in ruins. As coal's importance continued to decrease, SHV expanded its interests in shipping and retail. In 1964, the company established the Makro cash-and-carry stores.


1970–1999

By 1995 SHV was the largest trading company in the Netherlands.


2000–present

In April 2015, SHV completed the takeover of animal feed manufacturer Nutreco In July 2021, SHV purchased Kiwa, a Dutch testing, inspection and certification (TIC) institution.


Corporate Affairs


Management

Jeroen Drost has been the CEO of SHV Holdings since April 2016.


Logo

The SHV logo is inspired by the coat of arms of Utrecht, to which SHV moved from Rotterdam under the directorship of FH Fentener van Vlissingen.


Companies owned by SHV Holdings

* SHV Energy
Liquefied petroleum gas Liquefied petroleum gas, also referred to as liquid petroleum gas (LPG or LP gas), is a fuel gas which contains a flammable mixture of hydrocarbon gases, specifically propane, Butane, ''n''-butane and isobutane. It can also contain some ...
*
Makro Makro is a Netherlands, Dutch international brand of warehouse clubs, also called Cash and carry (wholesale), cash and carry stores. Makro was founded by SHV Holdings, a Dutch conglomerate based in Utrecht in partnership with German company ...
– Food and non-food consumer articles in South America * Mammoet - Heavy lifting and transport * ERIKS - A multi-product specialist offering a wide range of mechanical engineering components and technical services to all sections of industry * Nutreco - Animal nutrition and feed * NPM Capital - Private equity * Kiwa - Testing, inspection and certification * ONE-Dyas - Exploration and production operating company of oil and gas


References


External links

* {{Authority control Coal companies of the Netherlands Companies based in Utrecht (province) Energy companies of the Netherlands Holding companies of the Netherlands