Eitzen Group

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Eitzen Holding AS
Type	Private
Founded	1883
Headquarters	Oslo, Norway
Area served	Global
Industry	Shipping Private equity
Parent	Eitzen family
Website	www.eitzen-group.com

Eitzen Group is a shipping and investment corporation based in Oslo, Norway. The mother company is Eitzen Holding AS that is entirely owned by the Eitzen family and owns Eitzen Invest and 53.7% of Camillo Eitzen & Co. The investment company owns a portfolio of real estate as well as other investments, including Hydranor and a major share of Norse Energy as well as some fishing industry.

[edit] History

The company was founded in 1883 as Camillo Eitzen by Captain Camillo Eitzen. In 1894 Captain Henri F. Tschudi becomes partner and the company changes name to Camillo Eitzen & Co. The company bought its first steam ship a year later S/S UTO. In 1936 the company changes name to Tschudi & Eitzen. It enters the ore-bulk-oil carrier segment in 1967. In 1990 the company bought the Danish company Skou International and entering the bulk segment. In 1997 it bought EAC Shipping and in 2001 KIL Shipping and with it entering the tanker sector. In 2004 the company changes name to Camillo Eitzen & Co and listed on the Oslo Stock Exchange when Tschudi & Eitzen is demerged and the separate company Eitzen Holding owned by the Eitzen family is established. The same year Navale Française was purchased along with Bergesen's Igloo gas fleet. In 2006 both Eitzen Chemical and Eitzen Maritime Servies are created and listed on the Oslo Stock Exchange.