Color 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. 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.

Norwegian shipping and holding company

Not to be confused with The Colour Group.

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Color Group AS

Founded	1990
Headquarters	Oslo, Norway
Key people	Morten Garman, Chairman Olav Nils Sunde, President
Services	Passenger transportation Freight transportation Hotels
Parent	O. N. Sunde
Subsidiaries	Color Line Color Hotel Skagen
Website	www.colorline.no

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

[edit]

1. ^ "About Color Line - Color Lines History". Color Line. Archived from the original on 2010-12-13. Retrieved 26 December 2010.

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