About us

Blommenholm Industrier AS (BI) is an investment company owned by the Tinius Trust. The primary responsibility of the Tinius Trust is to ensure the prudent development of Schibsted.

The Board of Directors of BI is responsible for ensuring sound financial management of the company’s assets. This includes developing governance tools for capital allocation and risk management, as well as ensuring adequate liquidity and financing for Schibsted within the framework set by the Tinius Trust.

The Tinius Trust is open to acquisitions within the media sector. The key structural priority for Schibsted over the next two-year period will be to consolidate its position as the leading media company in Norway and Sweden.

BI is an anchor investor in Vend and support the ongoing verticalization strategy. BI aims to be a competent and proactive owner of classified advertising operations. The Board of BI should have expertise in business financing, management of equity and fixed income and knowledge of classified advertising or similar/related businesses.

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. Trond Berger has been appointed as the chair of this committee.

From our articles of association:

§ 3

Blommenholm Industrier (BI) is an investment company fully owned by the Tinius Trust.

The company is responsible for managing its capital in a long-term and sound manner that ensures free and independent editing of the newspapers owned by the Group and its subsidiaries involved in editorial operations.

The Schibsted Group is to strive for quality and credibility in all its publications, and defend values such as religious freedom, tolerance, human rights and democratic principles.