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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
238:
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
255:
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
467:
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.
762:
189:
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.
754:
732:
439:
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,
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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
401:
792:
724:
560:
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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
641:
663:
235:
in
Bangkok, which became the first foreign hotel in Thailand; it also was the main supplier to the Siamese Marine Forces which Andreas headed.
227:
in
Copenhagen in 20 March 1897 on the basis of Hans' previous company Andersen & Co. Anderson & Co was established in 1884 with Danish
920:
495:
905:
530:
915:
872:
784:
583:
702:
910:
382:, admirals and influential shipping figures who then remained aboard for a voyage to Antwerp. A third contracted ship,
355:
The company was a pioneer in development of large, commercial motorships with
President Andersen placing an order with
755:"Santa Fe Group close the sale of their Australian business in a Management Buy-Out - Company announcement No 13/2018"
552:
405:
323:
48:
315:, continued the service under the Danish flag from 1921 to 1930. EAC was also involved in shipping for hire with
436:
During the Second World War, several of its ships were sunk, mostly torpedoed in the
Atlantic by German U-boats.
228:
649:
428:
and the far east were handled by
Johnson Walton Steamships Ltd of Vancouver, when they were acquired in 1949.
900:
327:
845:
820:
326:
in the Caribbean from the Danish state, but eventually sold it to the United States in 1944, during the
413:
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232:
424:
were among the ports of call added for ships on the north Pacific route in 1940. Connections between
463:
725:"Proventus Capital Partners supports ownership transfer of Santa Fe Relocation from Santa Fe Group"
462:
In April 2015, the company rebranded itself as the Santa Fe Group, and changed its listing on the
28:
487:
308:
273:
21:
664:"The Santa Fe Group (CPH:SFG) Share Price Is Down 94% So Some Shareholders Are Rather Upset"
522:
356:
312:
8:
580:
417:
292:
224:
183:
110:
198:
421:
379:
299:, in 1908. The second of these was eventually renamed Thai Navigation Co. after the
277:
694:
587:
212:
167:
20:"East Asiatic Company" redirects here. For the historic building in Bangkok, see
319:
operations beginning in 1915 under the subsidiary D/S A/S Orient of Copenhagen.
256:
eventually include both passenger and freight lines between the Danish capital,
247:
894:
624:
622:
387:
316:
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began sailing to North America in 1916, continuing until 1917. Another, the
409:
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360:
71:
619:
408:& Co. in 1919. The early 1920s saw services extend from Copenhagen to
412:, Cuba, Australia, Mexico and North Pacific ports. New York and, later,
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government took it over in 1941. For trade in the South of Africa, the
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179:
135:
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81:
42:
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269:
642:"EAC Rebrands to Santa Fe Group A/S | Santa Fe Relocation Services"
300:
261:
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257:
127:
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178:) is a multinational holding and investment company, based in
843:
628:
288:
202:
Share of the Det Ăstasiatiske Kompagni, issued December 1918
359:, headed by the engineer and diesel marine engine pioneer,
553:"Admiral Andreas du Plessis de Richelieu as Entrepreneur"
607:
400:
In these middle years, business grew considerably. The
597:
595:
885:
785:"Santa Fe Group A/S â name change to EAC Invest A/S"
592:
264:was the initial objective. Routes to include the
231:. Together, their company owned and operated the
892:
692:
283:Europe-Asia operations widened when the firm,
272:were established when in 1899, the subsidiary
831:(1). AmericanâScandinavian Foundation: 21â28
581:Military History of Water Island 1900 - 1950
307:later began regular trips. The subsidiary
41:
551:Nielsen, Flemming Winther (2010-03-21).
521:Nielsen, Flemming Winther (2011-03-14).
450:
343:
332:
246:
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16:Multinational relocation service company
818:
613:
601:
550:
520:
444:, was sold to Swiss buyers and renamed
893:
523:"H.N. Andersen: Myths & Realities"
765:from the original on 16 February 2022
735:from the original on 24 December 2019
921:Danish companies established in 1897
693:Gregers Møller (28 September 2019).
516:
514:
512:
482:
480:
705:from the original on 1 October 2019
291:, followed in 1902, the new Danish
13:
14:
932:
906:Conglomerate companies of Denmark
879:
629:Pacific Marine Review, March 1935
509:
477:
404:was formed as a partnership with
182:, Denmark. Originally founded by
916:Transatlantic shipping companies
825:The AmericanâScandinavian Review
795:from the original on 7 July 2023
674:from the original on 7 July 2023
47:
811:
777:
747:
717:
686:
563:from the original on 2023-06-21
533:from the original on 2023-06-22
498:from the original on 2021-02-25
322:In 1905, the company purchased
251:East Asiatic Company in Bangkok
229:Andreas du Plessis de Richelieu
860:(3). San Francisco: J.S. Hines
844:Pacific Marine Review (1935).
656:
634:
574:
544:
239:who were staying in the city.
1:
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297:Siam Steam Navigation Company
206:
388:Barclay, Curle & Company
374:, to be built by that firm.
328:German occupation of Denmark
242:
93:; 127 years ago
52:Flag of East Asiatic Company
7:
431:
386:, was built in Scotland by
10:
937:
911:Defunct shipping companies
695:"Santa Fe Relocation sold"
586:November 13, 2010, at the
305:Swedish East India Company
211:The East Asiatic Company (
193:
18:
464:Copenhagen Stock Exchange
402:United Baltic Corporation
217:Det Ăstasiatiske Kompagni
172:Det Ăstasiatiske Kompagni
134:
116:
106:
87:
77:
67:
57:
40:
158:, formerly known as the
27:Not to be confused with
819:Knudsen, Ivar (1914).
488:"East Asiatic Company"
459:
458:approaching Felixstowe
363:, for two motorships,
352:
341:
285:Est Asiatique Francais
252:
216:
203:
171:
144:Est Asiatique Francais
102:in Copenhagen, Denmark
29:Danish Asiatic Company
854:Pacific Marine Review
731:. 25 September 2019.
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357:Burmeister & Wain
347:
336:
309:Russian American Line
274:Russian American Line
250:
201:
142:Siam Steam Navigation
22:East Asiatic Building
901:East Asiatic Company
821:"A Smokeless Marine"
791:. 11 November 2019.
761:. 21 December 2018.
492:www.theshipslist.com
313:Baltic American Line
164:East Asiatic Company
146:Swedish East Asiatic
140:Russian East Asiatic
61:East Asiatic Company
646:www.santaferelo.com
293:West Indian Company
225:Hans Niels Andersen
184:Hans Niels Andersen
111:Hans Niels Andersen
37:
616:, pp. 22, 24.
460:
353:
342:
295:, in 1905 and the
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204:
35:
759:Globenewswire.com
670:. 7 August 2019.
422:Norfolk, Virginia
380:Winston Churchill
223:) was founded by
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648:. Archived from
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880:External links
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873:The Ships List
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652:on 2015-05-12.
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278:St. Petersburg
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233:Oriental Hotel
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160:Santa Fe Group
156:EAC Invest A/S
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148:D/S A/S Orient
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63:Santa Fe Group
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36:EAC Invest A/S
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699:Scandasia.com
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862:. Retrieved
857:
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833:. Retrieved
828:
824:
812:Bibliography
797:. Retrieved
789:Omxgroup.com
788:
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767:. Retrieved
758:
749:
737:. Retrieved
729:Proventus.se
728:
719:
707:. Retrieved
698:
688:
676:. Retrieved
667:
658:
650:the original
645:
636:
614:Knudsen 1914
609:
602:Knudsen 1914
576:
565:. Retrieved
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535:. Retrieved
526:
500:. Retrieved
491:
461:
456:Baltic Eider
455:
445:
441:
438:
435:
414:Philadelphia
410:South Africa
399:
393:
384:MS Jutlandia
375:
371:
366:
361:Ivar Knudsen
354:
349:
338:
324:Water Island
321:
284:
282:
280:was formed.
254:
237:
220:
210:
188:
175:
163:
159:
155:
153:
136:Subsidiaries
117:Headquarters
72:Aktieselskab
68:Company type
864:January 19,
835:January 19,
406:Andrew Weir
895:Categories
567:2023-06-22
537:2023-06-22
502:2023-06-22
471:References
446:MCS Schaul
270:Black Seas
207:Background
180:Copenhagen
122:Copenhagen
82:Investment
848:Jutlandia
799:7 January
769:7 January
739:7 January
709:7 January
678:7 January
557:Scandasia
527:Scandasia
426:Vancouver
418:Baltimore
394:Jutlandia
350:Jutlandia
243:Formation
186:in 1887.
793:Archived
763:Archived
733:Archived
703:Archived
672:Archived
584:Archived
561:Archived
531:Archived
496:Archived
432:Post-war
392:MS
376:Selandia
367:Selandia
365:MS
339:Selandia
262:far east
260:and the
78:Industry
58:Formerly
370:and MS
276:Co. of
258:Bangkok
194:History
128:Denmark
107:Founder
96: (
88:Founded
442:Fionia
372:Fionia
266:Baltic
213:Danish
168:Danish
858:XXXII
317:tramp
289:Paris
866:2014
837:2014
801:2020
771:2020
741:2020
711:2020
680:2020
301:Thai
268:and
162:and
154:The
98:1897
91:1897
420:or
348:MS
337:MS
287:of
219:or
174:or
897::
856:.
852:.
827:.
823:.
787:.
757:.
727:.
701:.
697:.
666:.
644:.
621:^
594:^
559:.
555:.
529:.
525:.
511:^
494:.
490:.
479:^
448:a.
416:,
397:.
330:.
221:ĂK
215::
176:ĂK
170::
125:,
868:.
850:"
839:.
829:2
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773:.
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713:.
682:.
570:.
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505:.
166:(
100:)
31:.
24:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
