Ofotens Og Vesteraalens Dampskibsselskab
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Ofotens Og Vesteraalens Dampskibsselskab
Ofotens og Vesteraalens Dampskibsselskab or OVDS was a Norwegian shipping company that operated ferries in Northern Norway, including the Coastal Express, car ferries and passenger ferries. The company merged with Troms Fylkes Dampskibsselskap in 2006 to form Hurtigruten Group. OVDS's main office was in Narvik while the ferry section was located in Stokmarknes. The company had about 1,500 employees at the time of the merger and operated 14 coastal expresses, 18 car ferries and 14 passenger ferries. OVDS was created as a merger between the two shipping companies Vesteraalens Dampskibsselskab Vesteraalens Dampskibsselskab was a Norway, Norwegian shipping company that operated ferry, ferries in Northern Norway. The ferry service was founded by Richard With on 10 November 1881 at Stokmarknes in Nordland, Norway. That same year, the ship ... (VDS, established in 1881) and Ofoten Dampskipsselskap (ODS, established in 1912). References Ferry companies of Norway Defunct shi ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Troms Fylkes Dampskibsselskap
Troms Fylkes Dampskibsselskap or TFDS is a defunct Norwegian shipping company that also has activities in public transport and tourism. Based in Tromsø the company was one of the two operators of the Coastal Express and also operated a number of car ferries and passenger ferries, primarily in Troms. It also operated three supply ships and some other vessels as of 2006. In 2004 TFDS had bought the bus company TIRB. The company dates back to 1866 and has had a number of activities within shipping. It was listed on the Oslo Stock Exchange until 2006 when it merged with Ofotens og Vesteraalens Dampskibsselskab to create Hurtigruten Group Hurtigruten AS is a Norwegian coastal ferry service and cruise line headquartered in Oslo, Norway. It operates ''Hurtigruten'', the coastal ferry service along the Norwegian coast from which it takes its name. In 2020, 81% of the company was o .... At the time of the merger the group had 38 ships, 123 buses and 86 trucks. Ferry companies ...
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Transport Companies Of Nordland
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land ( rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may ...
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