Blommenholm Industrier AS

Blommenholm Industrier AS (BI) is a holding company owned by the Tinius Trust, primarily responsible for ensuring the prudent development of Schibsted. The Board of Directors of BI oversees the sound financial management of the company’s assets, including capital allocation, risk management, and ensuring adequate liquidity and financing for Schibsted within the framework set by the Tinius Trust. BI is open to acquisitions within the media sector, limited to its liquid assets without the sale of shares in Vend, and is prepared to act as an anchor investor in Vend to support Schibsted's verticalization strategy.

BI aims to be a competent and proactive owner of classified advertising operations, with a Board possessing expertise in business financing, management of interest rates and shares, and knowledge of classified advertising or related businesses. The company's activities are overseen by a board of five individuals, with Trond Berger serving as Executive Chairman. The remaining board members include Roy Myklebust, Eline Stokstad Fjell, Karl-Christian Agerup, and Anette Juel Knudtzon. According to the articles of association of Vend, BI has the right to appoint one member to the group board of the company. Karl-Christian Agerup represents BI and has been elected Chairman of the Board of Vend. As the largest shareholder, BI also participates in the nomination committee for Vend, with Trond Berger appointed as the chair of this committee.

In March 2025, Blommenholm Industrier AS sold 9,400,000 B-shares in Schibsted ASA, a transaction that was disclosed in accordance with the Norwegian Securities Trading Act. This sale reflects BI's active role in managing its investments to support Schibsted's strategic objectives. The company's financial performance in 2024 included a pre-tax profit of NOK 6,592,286, with total assets amounting to NOK 10,015,301. BI's registered office is located at Henrik Ibsens gate 53, 0255 Oslo, Norway.