Color Group AS is a

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

shipping and holding company, established in 1990 as a result of the merger between Jahre Line and

Norway Line Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and th ...

. 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 A Scandinavian is a resident of Scandinavia or something associated with the region, including: Culture * Scandinavianism, political and cultural movement * Scandinavian design, a design movement of the 1950s * Scandinavian folklore * Scandinavi ...

joined the group in September 1998. The Color Hotel Skagen was also acquired in September 1998. The company ventured into the

airline An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which ...

industry with the establishment of

Color Air Color Air AS was the first Norwegian low-cost airline. It operated from Oslo Airport, Gardermoen in 1998 and 1999 with a fleet of three Boeing 737-300 aircraft. Color Air was a brand extension of Color Line, which shared a common owner in the ...

, but had to withdraw within a year due to total loss of about

NOK Nok is a village in Jaba Local Government Area of Kaduna State, Nigeria. The village is an archeological site. Archaeology The discovery of terracotta figurines at this location caused its name to be used for the Nok culture, of which th ...

400 million. It was for a period listed on the

Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...

, but is currently a subsidiary of

O. N. Sunde O. N. Sunde is a Norway, Norwegian holding company owned by Olav Nils Sunde and family. Through its subsidiaries the group operates in many industries, including shipping, real estate, sports and clothing retail, automotive, and Thermal insulation ...

References

Shipping companies of Norway Holding companies of Norway Companies formerly listed on the Oslo Stock Exchange Holding companies established in 1990 Norwegian companies established in 1990 Transport companies established in 1990 {{Norway-shipping-company-stub