Anthon B Nilsen Explained

Anthon B Nilsen AS
Genre:Investment
Foundation:1879
Founder:Anthon B. Nilsen
Location City:Oslo
Location Country:Norway
Key People:Peder Chr. Løvenskiold (CEO)
Karl Nysterud (Board chairman)[1]
Owner:Reidar and Gunnar Holst Foundation (50%)
Nicolai H. Løvenskiold (25%)
Peder Chr. Løvenskiold (25%)
Divisions:ABN Recycling
ABN Education
ABN Property
ABN Trade
Homepage:www.abn.no

Anthon B Nilsen AS is a Norwegian investment company. It was established by Anthon Bernhard Elias Nilsen in 1879 to export pulp and paper products and lumber. His sons Reidar and Gunnar Holst took over in the 1930s, and ultimately established the Reidar and Gunnar Holst Foundation in 1973 to assure long-term ownership. In 2000, Nicolai H. Løvenskiold and Peder Chr. Løvenskiold bought 25% of the shares each.[2]

Company operations

As of 2008 the company has invested in education, property, recycling and trade, with one subdivision for each field. Through its subdivision ABN Education (Anthon B Nilsen Utdanning) it owns several private high school and college institutions in Norway, including the Norwegian School of Information Technology, NKI Fjernundervisning, the Nordic Institute of Stage and Studio, Westerdals School of Communication, Treider College and Bjørknes College.[3] It owns two colleges in a foreign country; Berghs School of Communication and Medlearn in Sweden.[4]

In 2014, Westerdals Oslo School of Arts, Communication and Technology was established as a result of the merger of the three colleges Westerdals School of Communication, NISS (Nordic Institute of Stage and Studio) and NITH (The Norwegian School of Information Technology).

The recycling division ABN Recycling (Anthon B Nilsen S.A.S.) has its main office in Paris, and has regional offices in Tofte, Boninne, London and Alzira, Valencia.

Negotiations

In August 2007, ABN Property (Anthon B Nilsen Eiendom), came in the spotlight as the company CG Holding tried to buy the paper mill in Hurum, whose land and facilities were owned by ABN Property. The paper mill had previously been threatened with closure.[5] Two weeks later, CG Holding penned a deal to buy the factory. The only remaining step was to negotiate the land rental with ABN Property.[6] One week later, however, ABN had proposed an altered deal for land rental. CG Holding accused the new contract of being unreasonable.[7] In the end, CG Holding did take over the factory,[8] but decided to cease production the next year.[9] With no particular plans for the production facilities, ABN announced that the factory would lie fallow for the time being.[10]

External links

Notes and References

  1. http://www.abn.no/about_organisation.html Company organisation
  2. http://www.abn.no/about_history.html Company history
  3. News: Skole-fest. Stenseng. Sverre. 3 May 2006. E24.no. Norwegian. 21 November 2008.
  4. News: Tjener mindre på privatskolene. Stenseng. Sverre. 23 April 2007. E24.no. Norwegian. 21 November 2008.
  5. News: Optimisme ved Hurum Papir. Ekholdt. Hege. 7 August 2007. Drammens Tidende. Norwegian. 21 November 2008. https://archive.today/20120713112155/http://dt.no/article/20070807/NYHET/708070015. 13 July 2012. dead.
  6. News: Heiste flagget. Ekholdt. Hege. 22 August 2007. Drammens Tidende. Norwegian. 21 November 2008. https://archive.today/20120718085850/http://dt.no/article/20070828/NYHET/708280014. 18 July 2012. dead.
  7. News: Spøker igjen for papirfabrikken. Ekholdt. Hege. 28 August 2007. Drammens Tidende. Norwegian. 21 November 2008. https://archive.today/20120718085850/http://dt.no/article/20070828/NYHET/708280014. 18 July 2012. dead.
  8. News: Uavklart på Hurum. Heieren. Reidar. 27 August 2008. Drammens Tidende. Norwegian. 21 November 2008. https://archive.today/20120710030135/http://dt.no/article/20080827/NYHET/100179142. 10 July 2012. dead.
  9. News: Hurum Paper Mill legges ned. Jordalen. Anne. 18 September 2008. Drammens Tidende. Norwegian. 21 November 2008. https://archive.today/20120707230900/http://dt.no/article/20080918/NYHET/385653716. 7 July 2012. dead.
  10. News: Selger alt til utlandet. Aarset. Henning. 20 September 2008. Drammens Tidende. Norwegian. 21 November 2008. https://archive.today/20120707211259/http://dt.no/article/20080920/NYHET/766414123. 7 July 2012. dead.