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to the ticker reference SFG. From 2016 to 2019, the group's share lost 94% of its value, and its revenue shrunk 23% year-on-year. In
September 2019, the Santa Fe Group was sold to Proventus Capital Partners for 1 million euros after it failed to regain a financial health. Technically, the ownership
249:
He had purchased the
Oriental Hotel in Bangkok with Captain Peter Andersen in 1884. They would go out renovating the premise after borrowing 40,000 Danish Crowns from the Borneo Company. Being one of the only hotels in Bangkok at the time, the hotel attracted sailors and officers from foreign boats
266:
Andersen managed to secure funding from Isak
Glueckstadt. Isak was the financier and manager director of the largest bank in Northern Europe, Landmandsbanken. The company grew from teak tree concessions it had bought in Siam and operated direct lines from Bangkok to Europe. Service which would
478:
of the Santa Fe Group was transferred to Santa Fe
Intressenter, a company controlled by Lazarus Equity Partners and backed by Proventus. Its Australian subsidiary had already been sold in a management buyout in December 2018. In November 2019, the Santa Fe Group became EAC Invest.
773:
200:
It owned 5 subsidiary companies: Russian East
Asiatic based in Saint Petersburg, Siam Steam Navigation based in Bangkok, Est Asiatique Francais based in Paris, Swedish East Asiatic based in Gothenburg, and D/S A/S Orient based in Copenhagen.
765:
743:
450:
After the war with air travelling becoming increasing popular, the company sold numerous ships in the 1950s and 1960s before discontinuing its entire passenger fleet's operations in 1969. Their last ship,
389:
began operation in 1912 after maiden voyage with the Danish crown prince and princess aboard followed by a visit to London where the ship created great interest with visits by
803:
735:
571:
931:
916:
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and became the second large motorship in commercial service with any company. By 1935 the company was operating twenty-seven motorships, including a new
652:
926:
674:
246:
in
Bangkok, which became the first foreign hotel in Thailand; it also was the main supplier to the Siamese Marine Forces which Andreas headed.
238:
in
Copenhagen in 20 March 1897 on the basis of Hans' previous company Andersen & Co. Anderson & Co was established in 1884 with Danish
921:
506:
541:
883:
795:
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416:
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59:
239:
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393:, admirals and influential shipping figures who then remained aboard for a voyage to Antwerp. A third contracted ship,
366:
The company was a pioneer in development of large, commercial motorships with
President Andersen placing an order with
766:"Santa Fe Group close the sale of their Australian business in a Management Buy-Out - Company announcement No 13/2018"
563:
424:
315:
307:
243:
326:, continued the service under the Danish flag from 1921 to 1930. EAC was also involved in shipping for hire with
474:
447:
During the Second World War, several of its ships were sunk, mostly torpedoed in the
Atlantic by German U-boats.
412:
660:
439:
and the far east were handled by
Johnson Walton Steamships Ltd of Vancouver, when they were acquired in 1949.
209:
39:
856:
831:
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in the Caribbean from the Danish state, but eventually sold it to the United States in 1944, during the
319:
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32:
435:
were among the ports of call added for ships on the north Pacific route in 1940. Connections between
367:
323:
736:"Proventus Capital Partners supports ownership transfer of Santa Fe Relocation from Santa Fe Group"
428:
303:
235:
194:
121:
473:
In April 2015, the company rebranded itself as the Santa Fe Group, and changed its listing on the
432:
390:
258:
498:
675:"The Santa Fe Group (CPH:SFG) Share Price Is Down 94% So Some Shareholders Are Rather Upset"
288:
533:
598:
223:
178:
591:
905:
398:
327:
310:, in 1908. The second of these was eventually renamed Thai Navigation Co. after the
53:
17:
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402:
394:
371:
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82:
705:
31:"East Asiatic Company" redirects here. For the historic building in Bangkok, see
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operations beginning in 1915 under the subsidiary D/S A/S Orient of Copenhagen.
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eventually include both passenger and freight lines between the Danish capital,
344:
276:
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began sailing to North America in 1916, continuing until 1917. Another, the
436:
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419:& Co. in 1919. The early 1920s saw services extend from Copenhagen to
423:, Cuba, Australia, Mexico and North Pacific ports. New York and, later,
311:
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government took it over in 1941. For trade in the South of Africa, the
268:
138:
653:"EAC Rebrands to Santa Fe Group A/S | Santa Fe Relocation Services"
461:
299:
257:
208:
189:) is a multinational holding and investment company, based in
639:
213:
Share of the Det Ăstasiatiske Kompagni, issued December 1918
370:, headed by the engineer and diesel marine engine pioneer,
564:"Admiral Andreas du Plessis de Richelieu as Entrepreneur"
411:
In these middle years, business grew considerably. The
608:
606:
896:
796:"Santa Fe Group A/S â name change to EAC Invest A/S"
145:
127:
117:
98:
88:
78:
68:
275:was the initial objective. Routes to include the
242:. Together, their company owned and operated the
294:Europe-Asia operations widened when the firm,
283:were established when in 1899, the subsidiary
8:
842:(1). AmericanâScandinavian Foundation: 21â28
592:Military History of Water Island 1900 - 1950
46:
318:later began regular trips. The subsidiary
52:
45:
562:Nielsen, Flemming Winther (2010-03-21).
532:Nielsen, Flemming Winther (2011-03-14).
354:
343:
27:Multinational relocation service company
624:
612:
487:
455:, was sold to Swiss buyers and renamed
534:"H.N. Andersen: Myths & Realities"
776:from the original on 16 February 2022
746:from the original on 24 December 2019
7:
932:Danish companies established in 1897
704:Gregers Møller (28 September 2019).
527:
525:
523:
493:
491:
716:from the original on 1 October 2019
302:, followed in 1902, the new Danish
25:
917:Conglomerate companies of Denmark
640:Pacific Marine Review, March 1935
415:was formed as a partnership with
193:, Denmark. Originally founded by
927:Transatlantic shipping companies
836:The AmericanâScandinavian Review
806:from the original on 7 July 2023
685:from the original on 7 July 2023
58:
574:from the original on 2023-06-21
544:from the original on 2023-06-22
509:from the original on 2021-02-25
333:In 1905, the company purchased
262:East Asiatic Company in Bangkok
240:Andreas du Plessis de Richelieu
871:(3). San Francisco: J.S. Hines
855:Pacific Marine Review (1935).
250:who were staying in the city.
1:
308:Siam Steam Navigation Company
399:Barclay, Curle & Company
385:, to be built by that firm.
339:German occupation of Denmark
104:; 127 years ago
63:Flag of East Asiatic Company
397:, was built in Scotland by
948:
922:Defunct shipping companies
706:"Santa Fe Relocation sold"
597:November 13, 2010, at the
316:Swedish East India Company
222:The East Asiatic Company (
29:
475:Copenhagen Stock Exchange
413:United Baltic Corporation
228:Det Ăstasiatiske Kompagni
183:Det Ăstasiatiske Kompagni
51:
169:, formerly known as the
38:Not to be confused with
830:Knudsen, Ivar (1914).
499:"East Asiatic Company"
470:
469:approaching Felixstowe
374:, for two motorships,
363:
352:
296:Est Asiatique Francais
263:
227:
214:
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155:Est Asiatique Francais
113:in Copenhagen, Denmark
40:Danish Asiatic Company
865:Pacific Marine Review
742:. 25 September 2019.
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368:Burmeister & Wain
358:
347:
320:Russian American Line
285:Russian American Line
261:
212:
153:Siam Steam Navigation
33:East Asiatic Building
912:East Asiatic Company
832:"A Smokeless Marine"
802:. 11 November 2019.
772:. 21 December 2018.
503:www.theshipslist.com
324:Baltic American Line
175:East Asiatic Company
157:Swedish East Asiatic
151:Russian East Asiatic
72:East Asiatic Company
18:East Asiatic Company
657:www.santaferelo.com
304:West Indian Company
236:Hans Niels Andersen
195:Hans Niels Andersen
122:Hans Niels Andersen
48:
627:, pp. 22, 24.
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364:
353:
306:, in 1905 and the
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770:Globenewswire.com
681:. 7 August 2019.
433:Norfolk, Virginia
391:Winston Churchill
234:) was founded by
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16:(Redirected from
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289:St. Petersburg
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244:Oriental Hotel
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171:Santa Fe Group
167:EAC Invest A/S
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159:D/S A/S Orient
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47:EAC Invest A/S
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873:. Retrieved
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844:. Retrieved
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823:Bibliography
808:. Retrieved
800:Omxgroup.com
799:
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778:. Retrieved
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748:. Retrieved
740:Proventus.se
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730:
718:. Retrieved
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687:. Retrieved
678:
669:
661:the original
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625:Knudsen 1914
620:
613:Knudsen 1914
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576:. Retrieved
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546:. Retrieved
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511:. Retrieved
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472:
467:Baltic Eider
466:
456:
452:
449:
446:
425:Philadelphia
421:South Africa
410:
404:
395:MS Jutlandia
386:
382:
377:
372:Ivar Knudsen
365:
360:
349:
335:Water Island
332:
295:
293:
291:was formed.
265:
248:
231:
221:
199:
186:
174:
170:
166:
164:
147:Subsidiaries
128:Headquarters
83:Aktieselskab
79:Company type
875:January 19,
846:January 19,
417:Andrew Weir
906:Categories
578:2023-06-22
548:2023-06-22
513:2023-06-22
482:References
457:MCS Schaul
281:Black Seas
218:Background
191:Copenhagen
133:Copenhagen
93:Investment
859:Jutlandia
810:7 January
780:7 January
750:7 January
720:7 January
689:7 January
568:Scandasia
538:Scandasia
437:Vancouver
429:Baltimore
405:Jutlandia
361:Jutlandia
254:Formation
197:in 1887.
804:Archived
774:Archived
744:Archived
714:Archived
683:Archived
595:Archived
572:Archived
542:Archived
507:Archived
443:Post-war
403:MS
387:Selandia
378:Selandia
376:MS
350:Selandia
273:far east
271:and the
89:Industry
69:Formerly
381:and MS
287:Co. of
269:Bangkok
205:History
139:Denmark
118:Founder
107: (
99:Founded
453:Fionia
383:Fionia
277:Baltic
224:Danish
179:Danish
869:XXXII
328:tramp
300:Paris
877:2014
848:2014
812:2020
782:2020
752:2020
722:2020
691:2020
312:Thai
279:and
173:and
165:The
109:1897
102:1897
431:or
359:MS
348:MS
298:of
230:or
185:or
908::
867:.
863:.
838:.
834:.
798:.
768:.
738:.
712:.
708:.
677:.
655:.
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570:.
566:.
540:.
536:.
522:^
505:.
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177:(
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20:)
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