Grieg Group

What Grieg Group does

Grieg Group is a 140-year-old, family-owned Norwegian industrial holding company headquartered in Bergen, operating through five principal subsidiaries: Grieg Maritime Group, Grieg Connect, Grieg Seafood, Grieg Kapital, and Grieg Investor. Its maritime division co-owns G2 Ocean (a 50/50 joint venture with Maersk's Ap Moller), the world's largest Open Hatch shipping pool with 30 vessels and an additional 10 N-class newbuilds (82,300 dwt each, 40% more energy-efficient than the existing fleet and ammonia/methanol ready). Grieg Connect provides digital solutions for ports under the KrakenTools brand — Terminal, Security, and Port (PMIS) modules — serving Nordic port operators and holding approximately 80% of Norwegian PMIS volume in 2021. Grieg Seafood is a majority-owned, publicly listed salmon-farming company now concentrated in Rogaland post-2025 regional divestments; Grieg Kapital makes growth-equity investments in aquaculture, ocean technology, and B2B software; and Grieg Investor offers institutional investment consulting regulated by Finanstilsynet.

The group employs 1,843 colleagues across seven countries (per 2025 homepage key figures) with an alternative 1,287 figure in the site footer. Revenue is generated through a mix of shipping and maritime services (transaction-fee model via G2 Ocean pool operations and vessel ownership), seafood sales (hardware/commodity sales via Grieg Seafood), SaaS/licensing revenue from port-management software (subscription recurring), institutional investment-consulting fees, and equity returns from growth investments. Distribution is enterprise-B2B-direct across all businesses, with geographic exposure in Norway, Sweden, Finland, the Faroe Islands, the Philippines, China, Brazil, the UK, and the USA.

Grieg Maturitas AS serves as the primary holding entity and family office, with Grieg Foundation owning 25% of the group. The Grieg Foundation has distributed over NOK 1 billion in donations since 2002. The group divested Grieg Shipbrokers in December 2024 and three seafood regions in 2025 as part of portfolio simplification, while simultaneously executing an N-class fleet renewal, acquiring Finnish PMIS provider Wellamo Data (December 2025), entering a strategic partnership with Söderberg & Partners for Grieg Investor (June 2026, pending regulatory approval), and investing in green maritime technologies including GT Wings AirWing Jet Sails and the Nereida Energy maritime battery round.

Name

Grieg Group

Legal name

Grieg Maturitas II AS

Website

https://grieg.no

Company type

Private

Founded year

1884

Operating status

Operating

Headcount range

11–50 employees

Short description

Grieg Group is a 140-year-old, family-owned Norwegian industrial holding company operating in shipping (G2 Ocean, world's largest Open Hatch pool), salmon farming (Grieg Seafood), Nordic port-management software (Grieg Connect/KrakenTools), institutional investment consulting (Grieg Investor), and growth-equity investments (Grieg Kapital) across seven countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Bergen

HQ country

Norway

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Shipping and Maritime Services: Revenue from vessel ownership, shipping pool operations (G2 Ocean), ship management, and maritime services through Grieg Maritime Group
2. Salmon Farming and Seafood: Revenue from salmon farming operations through Grieg Seafood, including sustainable aquaculture production and seafood sales
3. Investment Returns: Returns from investments in growth companies across aquaculture, ocean technology, and B2B software through Grieg Kapital
4. Investment Consulting: Fee-based institutional investment consulting services including manager selection, investment policy, and consolidated reporting through Grieg Investor
5. Port Management Software: SaaS/ licensing revenue from port management, terminal operating systems, and security solutions through Grieg Connect

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Grieg Group is a family-owned Norwegian holding company operating across five core areas: maritime shipping through Grieg Maritime Group (co-owner of the G2 Ocean open hatch shipping pool, world's largest, with 30 vessels), salmon farming through majority-owned Grieg Seafood ASA, port management software through Grieg Connect (branded as KrakenTools - Terminal, Port PMIS, and Security modules), growth equity investments through Grieg Kapital (aquaculture, ocean technology, B2B software), and institutional investment consulting through Grieg Investor AS (regulated by the Financial Supervisory Authority of Norway).

Product overview

Grieg Group is a family-owned Norwegian maritime and seafood conglomerate organized into distinct business divisions operating across maritime, seafood, maritime innovation, and investments. The core maritime division (Grieg Maritime Group) includes shipowning, the G2 Ocean open hatch shipping pool (co-owned, world's largest), Grieg Star crewing services, and Grieg Green sustainability consulting. The maritime technology division, Grieg Connect, delivers a modular digital platform for ports comprising three integrated modules: Terminal (container terminal operations and gate management), Security (port security and ISPS compliance), and Port (port management information system/PMIS) — collectively branded as KrakenTools. The seafood division operates through Grieg Seafood (majority-owned salmon farming company). The investment arm spans Grieg Kapital (growth equity in aquaculture, ocean technology, and B2B software) and Grieg Investor (institutional investment consulting, post-merger with Gabler Investments). Grieg Maturitas serves as the holding company and family office, while Grieg Foundation handles philanthropy. The group also divested Grieg Shipbrokers and is investing in new vessel classes (N-class open hatch vessels, Skarv Shipping short-sea vessels) and wind propulsion technology (AirWing Jet Sails via GT Wings partnership).

Differentiator

Problem solved

Functional benefit

Brands

• Grieg Maritime Group: Maritime shipping operations including open hatch vessels and the G2 Ocean joint venture, with fleet renewal and investments in energy-efficient vessels
• Grieg Connect
• Grieg Aqua
• Grieg Kapital
• Grieg Investor
• Grieg Foundation
• Grieg Star
• G2 Ocean
• Grieg Green
• Grieg Edge
• Grieg Gaarden

Products and services

• Grieg Maritime Group Open Hatch Shipping Services (G2 Ocean Pool) Maritime shipping services through Grieg Maritime Group, co-owner of the G2 Ocean joint venture with ApMoller (Maersk) - the world's largest Open Hatch shipping company - with 30 vessels in the pool serving project cargo and dry bulk customers globally.
• Grieg Seafood Salmon Farming Sustainable Atlantic salmon farming and seafood production through majority-owned Grieg Seafood ASA, with operations concentrated in the Rogaland region of Norway following 2025 divestiture of three regions.
• Grieg Connect Port Management Software (KrakenTools Suite)

Quantifiable outcome

• 40% more energy efficient vessels with N-class newbuilds
• +3 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered core, strategic and minor.

• Söderberg & PartnerscoreStrategic or Co-development Partner · 30 June 2026Strategic partnership announced to strengthen and develop client offering in Norway. Grieg Investor AS and Gabler Investments (acquired by Söderberg in 2025) to be merged into single company. Söderberg & Partners Holding AB to become majority owner with Grieg Maturitas II and employee shareholders as minority. Transaction subject to regulatory approval.
• GT WingscoreStrategic or Co-development Partner · 30 March 2026Grieg Maritime Group signed contract with GT Wings to install AirWing Jet Sail technology on Star Kirkenes vessel. Contract for two Jet Sails on Star Kirkenes with option for three more K-class vessels. Installation expected late 2026 or early 2027. GT Wings is UK-based clean technology company developing wind-assisted propulsion for commercial shipping.
• Wellamo DatastrategicStrategic or Co-development Partner · 9 December 2025Acquisition of Finnish PMIS provider Wellamo Data by Grieg Connect. Establishes presence in mainland Finland, expanding Nordic footprint. Company founder Atte Rotko joins Grieg Connect in leading role. Supports strategy of unified Nordic PMIS offering.
• CSSC Huangpu Wenchong Longxue ShipyardcoreStrategic or Co-development PartnerChinese shipyard building N-class vessels for Grieg Maritime Group. Delivered Star Nordkapp in April 2026, Star Narvik and Star Naga named at ceremony. Part of major fleet renewal program.
• GearbulkcoreStrategic or Co-development PartnerPartner in G2 Ocean shipping pool. Gearbulk taking delivery of 6 N-class vessels starting end of 2026, alongside Grieg's 4 vessels making 10 total N-class newbuilds.
• G2 OceancoreStrategic or Co-development PartnerJoint venture with ApMoller (Maersk) forming world's largest Open Hatch shipping company. Grieg Maritime Group co-owns through Grieg Shipowning with 30 vessels in the pool.
• CSSC Huangpu WenchongcoreOthersChinese shipyard building N-class open hatch vessels for Grieg Maritime Group. Vessel naming ceremony held April 10, 2026 with delivery of Star Nordkapp, Star Narvik, and Star Naga.
• RightShipminorOthersVetting platform used by Grieg Star for vessel inspections and safety assessments.
• Skarv ShippingcoreStrategic or Co-development PartnerShort-sea shipping company through which Grieg Maritime Group ordered new multipurpose vessels including ammonia dual-fuel vessel and efficient multipurpose ships.

Scale indicators14 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Aker ASA: Norwegian family-influenced industrial holding company spanning seafood (Aker BioMarine), maritime services, and energy. Closest structural analog to Grieg Group as a diversified Norwegian ocean/maritime holding company with long-term ownership perspective.
• SalMar ASA: Norwegian global salmon farming company with significant offshore and land-based growth investments. Comparable to Grieg Seafood in Norwegian salmon production footprint and exposure to biological/regulatory risk.
• Stolt-Nielsen Limited: Norwegian-based shipping and aquaculture conglomerate combining tanker shipping, terminal operations, and land-based salmon farming. Highly comparable mix of ocean transport and fish farming verticals.
• Lerøy Seafood Group: Norwegian integrated seafood company covering salmon farming, wild catch, processing, and distribution. Comparable to Grieg Seafood's Norwegian salmon exposure and downstream value-chain integration.
• Hafnia ASA: Norwegian/Singapore product and chemical tanker pool operator built on a partnership/pool structure. Comparable to G2 Ocean as a pool-based shipping model where scale and partner economics drive value creation.
• Wilh. Wilhelmsen ASA: Norwegian global maritime industry group combining shipowning, port logistics, and maritime services with a long family/industrial heritage. Directly comparable shipping and port-services exposure to Grieg Maritime and Grieg Connect.
• Mowi ASA: World's largest Atlantic salmon farmer headquartered in Bergen, Norway. Direct operating peer to Grieg Seafood for salmon farming economics, Norwegian coastal exposure, and listed-equity benchmarking.
• Wallenius Wilhelmsen ASA: Norwegian global ocean and land logistics provider operating a fleet of vessels and integrated vehicle/breakbulk terminals. Comparable as a publicly listed Norwegian shipping and port-logistics group serving industrial cargo customers.

Broad incumbents

• Wärtsilä Corporation: Finnish-listed global supplier of marine engines, hybrid propulsion, and digital maritime solutions. Relevant for benchmarking vessel efficiency technology choices Grieg Maritime is making on N-class newbuilds and AirWing retrofits.
• Kongsberg Gruppen ASA: Norwegian listed maritime and defense technology conglomerate supplying vessel automation, dynamic positioning, and digital port solutions. Overlaps with Grieg Connect's port-software franchise and the maritime decarbonization themes Grieg is investing in via Grieg Kapital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/thegrieggroup
• LinkedInlinkedin.com/company/grieg-group-resources-as

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grieg Group