Canica is a private holding company

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 owned by Stein Erik Hagen

Stein Erik Hagen

Stein Erik Hagen is a Norwegian businessman. He is Chairman of the Board of Orkla, where he is a large owner, and holds large ownerships of Steen & Strøm, Jernia and Komplett through his family company Canica...

 (10%) and his three children Caroline Marie Hagen, Carl Erik Hagen and Nina Camilla Hagen (30% each). The company is the largest owner of Orkla

Orkla Group

Orkla Group is a Norwegian industrial conglomerate operating in the Nordic region, Eastern Europe, Asia and the US. The company's main divisions are branded consumer goods, aluminium solutions, materials, associates and financial investments.-Operations:...

 (17,4%), Jernia (100%), Komplett

Komplett

Komplett AS is a Norwegian e-commerce company with nine webshops in 3 countries in Scandinavia. The larger part of their product assortment is computers and components, but have expanded to photo, Hi-Fi, TV, gaming and white goods....

 (56.21%), Ignis and Steen & Strøm

Steen & Strøm

Steen & Strøm is a Scandinavian retail and real estate company that owns and operates 52 shopping centres in Norway, Sweden and Denmark. In 2006 the shopping centers had 3,300 lessees with total revenue of about NOK 40 billion.-History:...

 (49.9%). The company was founded in 1985 to own the RIMI

RIMI

RIMI is a grocery store chain with 279 retail outlets throughout Norway. The chain is owned by ICA, but can trace itself back to 1977 when it was founded as RIMI 500 by Stein Erik Hagen....

 grocery store chain that Hagen had started. This was sold to ICA in 2004.