Halfdan Magnus Mustad
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Halfdan Magnus Mustad (9 June 1874 – 21 January 1967) was a Norwegian businessman. He was born in
Vardal Vardal is a former municipality in the old Oppland county, Norway. The municipality existed from 1838 until its dissolution in 1964. The area is now divided between Gjøvik Municipality and Vestre Toten Municipality in the traditional district ...
as the son of
Hans Mustad Hans Mustad (26 January 1837 – 27 February 1918) was a Norwegian businessperson. He was instrumental in shaping the company O. Mustad & Søn. Mustad was born in Vardal as the son of Ole Hovelsen Mustad. He was a brother of Kristian Mauri ...
and Marie Heyerdahl.Genealogy for Halfdan Magnus Mustad
/ref> On the maternal side he was a great-grandson of Hieronymus Heyerdahl, and on the paternal side he was a grandson of Ole Hovelsen Mustad, great-grandson of
Hans Schikkelstad Hans Hansen Schikkelstad (4 September 1789 – 29 March 1843) was a Norwegian farmer, businessperson and politician. He was the founder of the business which became O. Mustad & Søn. Hans Schikkelstad was born in the parish of Vardal in the pre ...
, nephew of Kristian Mauritz Mustad and cousin of Sigbjørn Mustad. Halfdan Magnus Mustad married Edle Smith in 1899, and the couple had several children. They settled at
Lysaker Lysaker is an area in Bærum Municipality, Viken (county), Viken County, Norway. Lysaker is the easternmost part of Bærum and borders Oslo city proper, proper. Lysaker was initially a farming community, later becoming a residential area. Today ...
in
Bærum Bærum () is a municipality in the Greater Oslo Region in Norway that forms an affluent suburb of Oslo on the west coast of the city. Bærum is Norway's fifth largest municipality with a population of 128,760 (2021). It is part of the electoral ...
. Together with his four brothers, he joined his father as co-owner of the company O. Mustad & Søn in 1905. The company had been passed from his great-grandfather through the generations, and grown significantly since its beginnings in Vardal. In 1875, the company had expanded with a new factory at
Lilleaker Lilleaker is a neighbourhood and industrial site in Ullern, Oslo, Norway. It is located east of the river Lysakerelva. The area is named after the Lilleaker farm. Lilleaker served by the Lilleaker station of the Oslo Tramway, the southern part b ...
in Kristiania, followed in 1889 by a foundry at the same place as well as a new margarine factory. In addition, the company expanded abroad.History
- Mustad Eiendom
When Hans Mustad died in 1918, his sons inherited the largest industrial company in Norway, with 2,000 domestic employees as well as several factories abroad. The expansion continued after 1918, and the company eventually became the world's largest producer of fish hooks. Despite the ownership change, the name O. Mustad & Søn was kept. For his work, Mustad was decorated with the
Royal Norwegian Order of St. Olav Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family Places United States * Royal, Arkansas, an unincorporated community * Royal, Illinois, a village * Royal, Iowa, a ci ...
in 1936, but he left as co-owner in 1959. After his death, O. Mustad & Søn was converted to a
limited company In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. In a company limited by shares, the lia ...
(1970) and split into different branches (1977 and 1997).


References

{{DEFAULTSORT:Mustad, Halfdan Magnus 1874 births 1967 deaths Norwegian businesspeople People from Gjøvik People from Bærum