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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 Jahre Line was a cruiseferry A cruiseferry is a ship that combines the features of a cruise ship and a Ro-Pax ferry. Many passengers travel with the ships for the cruise experience, staying only a few hours at the destination port or not lea ...
and Norway Line. The same year, Color Line took over
Fred. Olsen Lines Fred. Olsen & Co. is a holding company based in Oslo, Norway. The company was founded as a shipping firm by Petter Olsen in 1848. Today the company manages the Olsen family's interests in a variety of sectors including logistics, energy and consu ...
cruise-ferry operations and then expanded its business further. In October 1996, the company acquired
Larvik Line Larvik () is a town and municipality in Vestfold in Vestfold og Telemark county, Norway. The administrative centre of the municipality is the city of Larvik. The municipality of Larvik has about 46,364 inhabitants. The municipality has a 110  ...
, 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 * Scandina ...
joined the group in September 1998. The
Color Hotel Skagen Color (American English) or colour (British English) is the visual perceptual property deriving from the spectrum of light interacting with the photoreceptor cells of the eyes. Color categories and physical specifications of color are associ ...
was also acquired in September 1998. The company ventured into the
airline An airline is a company that provides civil aviation, air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or Airline alliance, alliances with other airlines for ...
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 these ...
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.


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