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Helly Hansen
Helly Hansen (HH) is a Norwegian manufacturer and retailer of clothing and sports equipment and a subsidiary of the Canadian retail chain Canadian Tire. Currently headquartered in Oslo, it was previously headquartered in Moss, Norway from its founding in 1877 until October 2009. History Helly Juell Hansen had been at sea since the age of 14 and in 1877, at the age of 35, he and his wife Maren Margarethe produced their first oilskin jackets, trousers, sou'westers and tarpaulins, made from coarse linen soaked in linseed oil. Over the first five years they sold around 10,000 pieces. In 1878 the company won a diploma for excellence at the Paris Expo, and began exporting its products. After Helly Juell Hansen's death in 1914, company leadership passed on to his son Leiv Helly-Hansen, an experienced merchant. In the 1920s a new fabric, which Helly-Hansen called Linox, was developed. Over the next 30 years the name Linox would transfer to a PVC (polyvinyl chloride) application. ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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North Sea
The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea, epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian Sea in the north. It is more than long and wide, covering . It hosts key north European shipping lanes and is a major fishery. The coast is a popular destination for recreation and tourism in bordering countries, and a rich source of energy resources, including wind energy, wind and wave power. The North Sea has featured prominently in geopolitical and military affairs, particularly in Northern Europe, from the Middle Ages to the modern era. It was also important globally through the power northern Europeans projected worldwide during much of the Middle Ages and into the modern era. The North Sea was the centre of the Viking Age, Vikings' rise. The Hanseatic League, the Dutch Golden Age, Dutch Republic, and the Kingdom of Grea ...
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The Canadian Press
The Canadian Press (CP; french: La Presse canadienne, ) is a Canadian national news agency headquartered in Toronto, Ontario. Established in 1917 as a vehicle for the time's Canadian newspapers to exchange news and information, The Canadian Press has been a private, not-for-profit cooperative owned and operated by its member newspapers for most of its history. In mid-2010, however, it announced plans to become a for-profit business owned by three media companies once certain conditions were met. Over the years, The Canadian Press and its affiliates have adapted to reflect changes in the media industry, including technological changes and the growing demand for rapid news updates. It currently offers a wide variety of text, audio, photographic, video and graphic content to websites, radio, television, and commercial clients in addition to newspapers and its longstanding ally, the Associated Press (AP), a global news service based in the United States. History Initially, Cana ...
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The Globe And Mail
''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it falls slightly behind the '' Toronto Star'' in overall weekly circulation because the ''Star'' publishes a Sunday edition, whereas the ''Globe'' does not. ''The Globe and Mail'' is regarded by some as Canada's " newspaper of record". ''The Globe and Mail''s predecessors, '' The Globe'' and ''The Mail and Empire'' were both established in the 19th century. The former was established in 1844, while the latter was established in 1895 through a merger of '' The Toronto Mail'' and the '' Toronto Empire''. In 1936, ''The Globe'' and ''The Mail and Empire'' merged to form ''The Globe and Mail''. The newspaper was acquired by FP Publications in 1965, who later sold the paper to the Thomson Corporation in 1980. In 2001, the paper merged with broadc ...
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Ontario Teachers' Pension Plan
The Ontario Teachers' Pension Plan Board (french: Régime de retraite des enseignantes et des enseignants de l'Ontario) is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian province of Ontario. Ontario Teachers' also invests the plan's pension fund and it is one of the world's largest institutional investors, acting as a partner organization of the World Economic Forum. The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teachers' Federation. Ontario Teachers' achieved a 11.1% one-year total-fund net return in 2021 and achieved its ninth consecutive fully funded year. History Ontario Teachers' was established on January 1, 1990. Until then, Ontario teachers' pensions had been sponsored solely by the Ontario government. Assets of the plan had been invested in government bonds only. Currently, it invests globally in fixed income, public and private equity mar ...
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Nordic Countries
The Nordic countries (also known as the Nordics or ''Norden''; lit. 'the North') are a geographical and cultural region in Northern Europe and the North Atlantic. It includes the sovereign states of Denmark, Finland, Iceland, Norway and Sweden; the autonomous territories of the Faroe Islands and Greenland; and the autonomous region of Åland. The Nordic countries have much in common in their way of life, history, religion and social structure. They have a long history of political unions and other close relations but do not form a singular entity today. The Scandinavist movement sought to unite Denmark, Norway and Sweden into one country in the 19th century. With the dissolution of the union between Norway and Sweden (Norwegian independence), the independence of Finland in the early 20th century and the 1944 Icelandic constitutional referendum, this movement expanded into the modern organised Nordic cooperation. Since 1962, this cooperation has been based on the Helsi ...
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Altor Equity Partners
Altor Equity Partners is a private equity firm focused on leveraged buyout and growth capital investments in Sweden, Denmark, Finland, Norway and the DACH region. History The firm, which is based in Stockholm, Sweden, was founded in 2003 by a team led by , formerly a partner at Industri Kapital, another Nordic-focused private equity firm. As of 2015, the firm has raised approximately €6.2 billion since inception across three funds. The firm completed fundraising for its first investment vehicle, the Altor 2003 Fund in May 2003 with €650 million of investor commitments. Altor Fund II was closed in March 2006 €1.2 billion of capital and Altor Fund III closed in August 2008 with €2.0 billion of commitments. Altor closed its fourth fund in July 2014, also with €2 billion in commitments. Altor closed its most recent fifth fund in 2019, with €2.5 billion in commitments. Notable Investments In 2006, Altor purchased Norwegian outdoor clothing retailer Helly Hansen from ...
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Investcorp
Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in Bahrain in 1982, the firm has offices in United States, United Kingdom, Saudi Arabia, Qatar, United Arab Emirates, India, China, and Singapore. Its principal client base is in the six countries of the Gulf Cooperation Council, but it also has institutional clients in North America, Europe, and Asia. The company's main activities involve private equity, real estate and credit management, and has $41.2 billion worth of assets under management, as of March 31, 2022. It typically places the private equity of companies and real estate properties it acquires directly with investors on a deal-by-deal basis and through a fund structure. In addition, the firm operates the Gulf Opportunity Fund investing in the MENA region, and a number of technology funds. Investcorp currently has approximately $22.2 billion in invested assets under management across its four asset classes. ...
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Aker ASA
Aker ASA is a Norwegian industrial investment company with ownership interests concentrated in oil and gas, renewable energy and green technologies, maritime assets, marine biotechnology, and industrial software. The company is listed on Oslo Stock Exchange. Aker's main shareholder is Kjell Inge Røkke, who owns 68.2% per cent of Aker through his company TRG Holding AS. The corporate headquarters are located in Fornebu, Norway. Aker was established in 1841 when Akers Mekaniske Verksted was founded in Oslo. Group companies As of 31 December 2020: *Currently owned **Aker BP (40.0%) **Aker Solutions (33.3%) **Akastor (36.7%) **Aker BioMarine (77.8%) **Ocean Yield (61.7%) **Aker Energy (50.8%) **Cognite (62.0%) **Aker Horizons (100.0%) History The company takes its name from the former Akers mekaniske Verksted, which was Norway's largest shipyard and which closed in 1982. In 1987 one of the surviving companies split off from the shipyard merged with Norcem, creating a large cement g ...
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Red Dot
The Red Dot Design Award is a German international design prize awarded by Red Dot GmbH & Co. KG. There are prize categories for product design, brands and communication design, and design concept. Since 1955, designers and producers can apply for the prizes, with the winners being presented in an annual ceremony. Winning products are presented among others in the ''Red Dot Design Museum'' on the premises of the historical Zollverein Coal Mine Industrial Complex in Essen. The Red Dot Design Museum Essen, the first Red Dot Design Museum, was built in 1997. The second Red Dot Design Museum was built in Singapore in 2005. The Red Dot Design Award had more than 15,500 submissions from 70 countries in 2014, and in 2016 alone, 1,559 Red Dots were awarded, 102 of them in the "Best of the Best" category. It is considered one of the most prestigious awards in the design industry. Cost As of April 2020, the registration fee for consideration of a Red Dot award ranges from €99 (for ...
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Mountaineers
Mountaineering or alpinism, is a set of outdoor activities that involves ascending tall mountains. Mountaineering-related activities include traditional outdoor climbing, skiing, and traversing via ferratas. Indoor climbing, sport climbing, and bouldering are also considered variants of mountaineering by some. Unlike most sports, mountaineering lacks widely applied formal rules, regulations, and governance; mountaineers adhere to a large variety of techniques and philosophies when climbing mountains. Numerous local alpine clubs support mountaineers by hosting resources and social activities. A federation of alpine clubs, the International Climbing and Mountaineering Federation (UIAA), is the International Olympic Committee-recognized world organization for mountaineering and climbing. The consequences of mountaineering on the natural environment can be seen in terms of individual components of the environment (land relief, soil, vegetation, fauna, and landscape) and locati ...
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Hiking
Hiking is a long, vigorous walk, usually on trails or footpaths in the countryside. Walking for pleasure developed in Europe during the eighteenth century.AMATO, JOSEPH A. "Mind over Foot: Romantic Walking and Rambling." In ''On Foot: A History of Walking'', 101-24. NYU Press, 2004. Accessed March 1, 2021. http://www.jstor.org/stable/j.ctt9qg056.7. Religious pilgrimages have existed much longer but they involve walking long distances for a spiritual purpose associated with specific religions. "Hiking" is the preferred term in Canada and the United States; the term "walking" is used in these regions for shorter, particularly urban walks. In the United Kingdom and the Republic of Ireland, the word "walking" describes all forms of walking, whether it is a walk in the park or backpacking in the Alps. The word hiking is also often used in the UK, along with rambling , hillwalking, and fell walking (a term mostly used for hillwalking in northern England). The term bushwalking is end ...
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