Ferd

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Ferd Holding
Type Private
Founded 1778
Headquarters Bærum, Norway
Area served Norway
Key people Johan H. Andresen jr. (CEO)
Grace Skaugen (Chairman)
Industry Holding
Revenue NOK 6,602 million (2006)
Operating income NOK 1,192 million (2006)
Net income NOK 985 million (2006)
Owner Johan H. Andresen jr.
Employees 2,253 (2007)
Subsidiaries Swix
Elopak
Website www.ferd.no

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 company owns among other things Swix and Elopak. The group also has a number of venture and private equity holdings.

[edit] History

The company dates back to 1778 when the Andresen family started a tobacco 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.