- Color Group
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Color Group AS Founded 1990 Headquarters Oslo, Norway Key people Morten Garman, Chairman
Olav Nils Sunde, PresidentServices Passenger transportation
Freight transportation
HotelsParent O. N. Sunde Subsidiaries Color Line
Color Hotel SkagenWebsite www.colorline.no Not to be confused with The Colour Group.Color Group AS is a Norwegian shipping and holding company, established in 1990 as a result of the merger between Jahre Line and Norway Line[1]. The same year, Color Line took over Fred. Olsen Lines cruise-ferry operations and then expanded its business further.
In October 1996, the company acquired Larvik Line, while Scandi Line joined the group in September 1998. The Color Hotel Skagen was also acquired in September 1998. The company ventured into the airline industry with the establishment of Color Air, but had to withdraw within a year due to total loss of about NOK 400 million. It was for a period listed on the Oslo Stock Exchange, but is currently a subsidiary of O. N. Sunde.
References
- ^ "About Color Line - Color Lines History". Color Line. http://www.colorline.com/about_color_line/facts_about_the_company/color_lines_history. Retrieved December 2010.
Categories:- Shipping companies of Norway
- Holding companies of Norway
- Companies formerly listed on the Oslo Stock Exchange
- Companies established in 1990
- 1990 establishments in Norway
- Shipping company stubs
- Norwegian company stubs
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