Ferd
Encyclopedia
Ferd is a Norwegian
conglomerate
that operates within industry
and finance
as well as a real estate
portfolio. The group is owned by Johan H. Andresen jr.
and dates back to 1778. The group also has a number of venture
and private equity
holdings.
The company operates in several business areas including:
factory. In 1849 the family bough J. L. Tiedemanns Tobaksfabrik that it owned until it was merged with Skandinavisk Tobakskompagni.
In 1957 the group established Elopak that produces systems for packaging of fluids and in 1978 it bought the sport equipment manufactuer Swix. The name Ferd dates from 2001.
investments on behalf of third party investors through leveraged buyout
s 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.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
that operates within industry
Industry
Industry refers to the production of an economic good or service within an economy.-Industrial sectors:There are four key industrial economic sectors: the primary sector, largely raw material extraction industries such as mining and farming; the secondary sector, involving refining, construction,...
and finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
as well as a real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
portfolio. The group is owned by Johan H. Andresen jr.
Johan H. Andresen jr.
Johan H. Andresen jr. is a Norwegian businessman and investor. According to the 2008 tax records, he is one of the wealthiest people in Norway, with a net worth of more than $2 billion. Much of his fortune stems from a tobacco factory, Tiedemanns.Andresen was born in 1961 in Oslo, the son of...
and dates back to 1778. The group also has a number of venture
Venture
Venture may refer to:* VENTURE NOTC, the Canadian Naval Officer Training Centre based in CFB Esquimalt, British ColumbiaIn automobiles:* Chevrolet Venture, a General Motors Corporation minivan.* VentureOne, a concept car by Venture Vehicles...
and private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
holdings.
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 fundsFund of fundsA "fund of funds" is an investment strategy of holding a portfolio of other investment funds rather than investing directly in shares, bonds or other securities. This type of investing is often referred to as multi-manager investment...
making investments in hedge funds, private equity fundPrivate equity fundA private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity....
s and mutual fundMutual fundA mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...
s - Ferd Real Estate - manages approximately 70,000 square meters of real estateReal estateIn general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
- Herkules Capital (formerly Ferd Private Equity) makes private equityPrivate equityPrivate equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
investments
History
The company dates back to 1778 when the Andresen family started a tobaccoTobacco
Tobacco is an agricultural product processed from the leaves of plants in the genus Nicotiana. It can be consumed, used as a pesticide and, in the form of nicotine tartrate, used in some medicines...
factory. In 1849 the family bough J. L. Tiedemanns Tobaksfabrik that it owned until it was merged with Skandinavisk Tobakskompagni.
In 1957 the group established Elopak that produces systems for packaging of fluids and in 1978 it bought the sport equipment manufactuer Swix. The name Ferd dates from 2001.
Herkules Capital
Ferd Private Equity, renamed Herkules Capital after its spinout in 2008, makes private equityPrivate equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
investments on behalf of third party investors through leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...
s and growth capital
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...
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:- SwixSwixSwix is a Norwegian company producing ski wax, ski poles and sportswear. The company is owned by the investment company Ferd AS, and has the head office in Lillehammer....
- ElopakElopakElopak is a Norwegian company producing cartons for liquids, starting with aseptic gable top cartons for milk. The company was founded in 1957 as a European licensee of Pure-Pak, the Elopak name standing for European License Of PURE-PAK - showed where the Norwegian founders were headed...
- PhotocurePhotocurePhotocure ASA is a Norwegian pharmaceutical company that develops and sells pharmaceuticals and medical devices based on proprietary photodynamic technology, targeting key dermatology and oncology markets...
- Data ResponsData ResponsData Respons is a Norwegian company that develops embedded systems within the areas of military, offshore, automation, medical technology, surveillance, transport and telecommunication....
- EltekEltekEltek ASA is a global power conversion specialist that develop and market energy systems for telecom, renewable energy, electric vehicles and industrial applications...
- SeaBird Exploration
- Kvaleberg
- NanoradioNanoradio (company)Nanoradio is a company based in Kista, Stockholm, Sweden. Nanoradio is a fabless semiconductor manufacturer with a main product line focus of connectivity products. The company is specializing in producing the smallest Wi-Fi chipsets by solution size on the market with extremely low power...
External links
- Ferd (company website)
- Herkules Capital (company website)