Eitzen Group
Eitzen Group is a group of companies with headquarters in Oslo, Norway, which operates mainly in the area of navigation and of the investment. The parent company Eitzen Holding AS is entirely family-owned.
Structure
The Eitzen Group comprises several companies, subsidiaries and affiliated companies, mainly from the area of navigation, and also includes listed companies. The holding company owned by the Eitzen family holds the majority in all divisions.
History
1883, the company Camillo Eitzen was founded by Captain Camillo Eitzen. In 1894, Captain Henri F. Tschudi became a partner and the firm changed its name to Camillo Eitzen & Co. A year later, the change from sail to engine drive took place and the company bought in 1895 their first steamship, the Uto, a 2650 DWT cargo steamer with a triple expansion steam engine with 530 hp. In 1936 the company changed its name to Tschudi & Eitzen. In 1990, the Danish company Skou International was purchased, making the entry in the bulk segment began. The acquisition of the shipping division EAC Shipping Det Østasiatiske by Tschudi & Eitzen Bulkers Kompagni in 1997 and the acquisition of the company KIL Shipping in 2001 succeeded in entering the tanker sector.
In 2003, the two owners decided Felix H. Tschudi and Axel C. Eitzen, Tschudi & Eitzen divide the group into two separate companies. The remaining Axel C. Eitzen in part was re- named Camillo Eitzen & Co and went in 2004 to the Oslo Stock Exchange, at the same time Eitzen Holding was founded in the possession of the Eitzen family. In the same year Navale Française and the Bergesen 's Igloo gas fleet was acquired, further acquisitions of companies followed. 2006, Eitzen Chemical Eitzen Maritime Services and were founded. Also listed on the Oslo Stock Exchange.