DSD AS is a wholly-owned subsidiary of Folke Hermansen AS. Folke Hermansen AS is owned by the Hermansen family, with Yuhong Jin Hermansen being the majority shareholder and chair of both companies.
We have 14 members of staff working at our head office in Stavanger. In 2019 we established a representative office in Shanghai in China, and on 15 January 2020 we changed name from Det Stavangerske Dampskibsselskab AS to DSD AS (“DSD”). Our investment team is composed of a mix of younger and more experienced staff. Thanks to their strong combined expertise, we are able to focus both on the here and now and on the future.
Right since we launched our first paddle steamer in 1855, we have been creating, managing and developing assets. Developing assets and companies, and a willingness to take on difficult challenges, are strong features of our national industrial and cultural history.
We have primarily operated businesses in the transport and maritime sectors. The group is now undergoing a period of change, and it has high ambitions. Our focus is now on high-tech sustainable companies in the mobility sector, the marine/maritime industries, tourism and health care. Sustainability, active ownership and value creation shall be the foundations for the DSD Group’s future development.
As a family-owned group, we believe in creating value by taking a long-term perspective and through innovation. We are constantly on the lookout for sustainable opportunities, and we give people and technology the time and space they need to flourish. That is at the core of what we do. That is what DSD is about.
