- CEO
- Anette Sofie Olsen
- Full Time Employees
- 5,709
- Sector
- Industrials
- Industry
- Conglomerates
- Address
- Fred. Olsens gate 2 Oslo Norway 0152
- IPO Date
- May 22, 2018
- Business
- Bonheur ASA Bonheur ASA is a Norway-based holding company focused on long-term industrial investments in renewable energy, wind service, cruise operations, and other sectors; it owns and operates onshore wind farms through Fred. Olsen Renewables with a gross capacity of 805 MW across 12 sites in Scotland, Sweden, and Norway, including ongoing construction of Crystal Rig IV (49.1 MW) and Windy Standard III (88 MW), and develops offshore wind projects via Fred. Olsen Seawind such as the 1.3 GW Codling Wind Park joint venture with EDF Renewables in Ireland and the 1 GW Muir Mhòr floating wind project joint venture with Vattenfall in Scotland; the wind service segment, operated through Fred. Olsen Windcarrier and a 92% stake in Global Wind Service, provides transportation, installation, maintenance, and logistics for onshore and offshore wind turbines using three specialized jack-up vessels (Brave Tern, Bold Tern, Blue Tern) that have installed 20% of global offshore wind turbines outside China; the cruise segment encompasses Fred. Olsen Cruise Lines, which operates a fleet of three small-to-medium ocean cruise ships (Balmoral, Bolette, Borealis) offering award-winning itineraries worldwide from the UK with renowned customer service; other investments include a 55% stake in NHST Media Group providing publications and PR software services via DN Media Group and Mynewsdesk, real estate holdings, Fred. Olsen 1848 developing innovative renewable technologies like floating wind (Brunel) and solar (Brizo) solutions, and Fred. Olsen Investments managing opportunities in renewables. Founded with origins in 1848 and formally established in 1897, Bonheur ASA is headquartered in Oslo, Norway, and listed on the Oslo Stock Exchange since 1921, with operations spanning Europe, the United States, Asia, and Africa; the company maintains a strong balance sheet with net interest-bearing debt of NOK 2.9 billion as of Q2 2025. Recent developments include the divestiture of its 50% stake in United Wind Logistics to United Heavy Lift for a net profit of NOK 347 million in April 2025, achieving onshore consent for the Muir Mhòr project in Q2 2025, progressing Codling Wind Park consent application submitted in Q3 2024, awarding DNV basic design certification for floating wind technology and completing model tests for floating solar, selecting as preferred supplier for Skyborn Renewables' Gennaker project installation, and reporting Q2 2025 revenues of NOK 3.25 billion and EBITDA of NOK 1.05 billion driven by solid cruise yield improvements and wind service operations despite yard maintenance.