Organisation

The Obel Family Foundation

C.W. Obel A/S

 

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

C.W. Obel A/S 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 A/S into Skandinavisk Tobakskompagni.

Tobacco still means much to Scandinavian Holding A/S, which main activity is the Scandinavian Tobacco Group A/S, which it owns 51% of.
The remaining 49% is owned by its partner Swedish Match AB.


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 the Copenhagen Stock Exchange. 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 leases in quality properties in attractive locations in Copenhagen, Aalborg and Aarhus. The properties are carefully selected because of their location, the infrastructure surrounding the properties as well as the daily use value for the tenants. C.W. Obel Ejendomme A/S sets high architectural standards and places particular emphasis on soul and atmosphere in the selection and interior design of the properties. As something special in the real estate industry, they have their own management organisation, 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.

In 2009, C.W. Obel Ejendomme A/S together with Lundbeck Foundation’s Invest A/S established a 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 properties in Copenhagen and Aarhus and investments per property in excess of 300 million DKK.

In 2014 C.W. Obel Ejendomme A/S began to establish a portfolio of modern rental apartments in Copenhagen. Investments are made through their 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, Dubai, Vietnam, Singapore, America and the United States.

 

Other investments are:

Danfoss Semco A/S Fire Protection (40%)
Danish Mink Paper (42% owned through DMP Partners A/S)
CMC Biologics (10% owned through European Equity Partners).

C.W. Obel A/S has also invested in Erhvervsinvest II K/S.

 


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