Activities

The Obel Family Foundation

C.W. Obel A/S

 

Skandinavisk Holding A/S (Scandinavian Tobacco Group A/S)

C. W. Obel owns 35% of Scandinavian Holding A/S, which is an offshoot of the merger in 1961 of the activities of the Danish tobacco manufacturers Chr. Augustinus Fabrikker, R. Færchs Fabrikker and C.W. Obel into Skandinavisk Tobakskompagni. The company later alter its name to Scandinavian Tobacco Group.

Scandinavian Tobacco Group was listed in 2016 on Nasdaq OMX Copenhagen. The listing meant that Skandinavisk Holding A/S owned 33.1% of the company. In 2017, Skandinavisk Holding A/S issued its shares in Scandinavian Tobacco Group to its owners. Today, C.W. Obel owns 11.6% and Chr. Augustinus Fabrikker owns 25.1% of the shares in Scandinavian Tobacco Group.

See more Scandinavian Tobacco Group A/S


Other activities in the Scandinavian Holding A/S are:

Fritz Hansen A/S (100%), an internationally renowed Danish furniture manufacturer, was founded in 1872 by master cabinetmaker Fritz Hansen (1847-1902). Fritz Hansen A/S’ work with some af the world’s most known architects including Arne Jacobsen, Poul Kjærholm and Hans J. Wegner has resulted in a number of unique pieces of furniture. Fritz Hansen A/S is probably best known for the chairs “Series 7″, “Egg” and “Swan”. The Company was acquired by Skandinavisk Holding A/S in 1979.

Tivoli A/S (32%) was foundet by Georg Carstensen in 1843. The amusement park was founded as a limited company, a number of shareholders were master craftsmen who participated in the construction. Today, Tivoli A/S is listed on Nasdaq OMX Copenhagen. Tivoli is one of the most visited tourist attractions in Denmark and presents a unique experience in the middle of Copenhagen.

 

 

C.W. Obel A/S’ real estate investments are made through the 100% owned subsidiary C.W. Obel Ejendomme A/S.

C.W. Obel Ejendomme A/S offers commercial and private leases in quality properties in attractive locations in Copenhagen and Aalborg. The properties are carefully selected because of their location, the infrastructure surrounding the properties as well as the daily use value for the tenants. As something special in the real estate industry, C.W. Obel Ejendomme A/S has their own management organization, which means that the employees of C.W. Obel Ejendomme A/S are present on the properties and able to keep daily contact with the tenants.

C.W. Obel Ejendomme A/S had by the end of 2014 a real estate portfolio of 40 properties with total 300,000 m2 to a value of approximately 6 billion DKK.

In 2009, C.W. Obel Ejendomme A/S together with Lundbeckfondens Invest A/S established a new joint venture company called Obel-LFI Ejendomme A/S. The investment strategy of Obel-LFI Ejendomme A/S is the same as the one of C.W. Obel Ejendomme A/S, but the joint venture company focuses on large properties in Copenhagen.

In 2014, C.W. Obel Ejendomme A/S began to establish a portfolio of modern rental apartments in Copenhagen. Investments are made through the subsidiary C.W. Obel Bolig A/S or Obel-LFI Ejendomme A/S.

 

 

Investments in unlisted companies

C.W. Obel A/S has investments in Danish industrial companies within various lines of business.

The largest investment is the offshore company Semco Maritime A/S, which C.W. Obel A/S owns 100%.

Semco Maritime A/S – with headquarters in Esbjerg – is a leading engineering and construction company operating internationally in the energy sector, both onshore and offshore. Semco Maritime A/S is an international company with offices in Denmark, Norway, UK, Singapore, America and the United States.

 

Other investments are:

Danfoss Semco A/S Fire Protection (40%)
Minkpapir A/S (42% owned through DMP Partners A/S)
C.W. Obel A/S has also invested in Erhvervsinvest II K/S.

 


The majority of C.W. Obel´s financial assets is invested in cooperation with a recognized and independent financial advisor used by banks and pension companies. In effect, the placements are divided into two portfolios: Short-term placed on contract deposits and long-term placed with higher return and risk profile. A small part is placed in global and emerging market shares.
The largest part is placed in fixed-rate securities such as Danish bonds, corporate bonds and country bonds.

All investments are made through reputable managers who have been assessed and selected by the financial advisor. The managers and the strategic distribution are continuously monitored and adjusted as needed.