Swix Sport has acquired the entire share capital of the well-known company Helsport. The acquisition makes the Ferd-owned brand aggregator almost a complete supplier in the outdoor segment of the sports industry, which is to say a supplier of products for anyone who loves the great outdoors.
The work to assemble the three parts of the platform deck of the Johan Sverdrup platform was completed in record time. “This is the largest marine operation Aibel has ever carried out”, comments Stig Jessen, the project director.
Fish farming in land-based facilities is growing quickly - along with the associated need for water treatment and recirculation. Ferd Special Investments and Broodstock Capital are therefore investing in the Danish company Billund Aquakulturservice, a global leader in the area.
Ferd has taken a new stake in e-commerce. Boozt AB has today completed an initial public offering (IPO) of its shares on Nasdaq Stockholm. Ferd participated in Boozt’s IPO as a cornerstone investor, which means that prior to the IPO process Ferd guaranteed it would subscribe for SEK 200 million. As a result of this investment commitment Ferd now has a 5.8% ownership interest in the company. This is the first time Ferd has participated as a cornerstone investor in an IPO.
A record year for Fjord Line: 2016 was characterised by strong revenue growth which, combined with lower costs, had a big impact on the company’s bottom line. A number of investments are planned for this year to ensure Norway’s second-largest ferry company continues to make progress.
Ferd has, through an equity issue and market transactions, achieved an ownership in Benchmark Holdings Plc of approx. 17%. Benchmark contributes to improved fish health and sustainability across aquaculture species, through sales of specialised nutrition, genetics and health products.
From time to time it is important for Ferd to take a look at how the group works and sets its priorities. And this autumn the time had come for a thorough review of the group’s overall strategy and risk management principles.
“We are seeing an increasing trend for large customers to want companies in the packaging industry to be able to deliver cartons for machines made by other companies. This constitutes a challenge for us – and we are meeting it by challenging our competitors ourselves”, comments Elopak’s Paul Sweeting in an interview with Ferd Magazine.
Ferd is expanding its portfolio and taking a stake in the ferry company Fjord Line. “Securing an owner with as much expertise as Ferd has is particularly valuable for us”, comments Peter Frølich, chairman of the Board of Directors of Fjord Line.
Today, Statoil has awarded Aibel a new M&M contract. Through the new agreement, Aibel will have continued responsibility for 12 offshore installations and four facilities, and will also be responsible for Aasta Hansteen.