Color Group AS is a Norwegian shipping and holding company, established in 1990 as a result of the merger between Jahre Line and Norway Line. 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 joined the group in September 1998. The Color Hotel Skagen was also acquired in September 1998. The company ventured into the airline industry with the establishment of Color Air, but had to withdraw within a year due to total loss of about NOK 400 million. It was for a period listed on the Oslo Stock Exchange, but is currently a subsidiary of O. N. Sunde.
Famous quotes containing the words color and/or group:
“Since the quarrel
Will bear no color for the thing he is,
Fashion it thus: that what he is, augmented,
Would run to these and these extremities.”
—William Shakespeare (1564–1616)
“Remember that the peer group is important to young adolescents, and there’s nothing wrong with that. Parents are often just as important, however. Don’t give up on the idea that you can make a difference.”
—The Lions Clubs International and the Quest Nation. The Surprising Years, I, ch.5 (1985)