About Rieber & Søn
Rieber & Søn is a family-owned Norwegian investment company with an industrial legacy dating back to 1839.
Development and results require a will to change and the ability to look ahead. This mind-set is central to our approach as investors. We strive to be a catalyst for renewal, while ensuring a common view of the way ahead.
We invest with a long-term perspective, and seek to learn as much as we can about the companies and sectors in which we invest. As investors, we respect and value the experience and know-how built and cultivated within the companies. On this basis, Rieber & Søn seeks to serve as an active partner for management in developing the business, for the benefit of employees, owners and society at large.
The chart below shows the desired distribution of Rieber & Søn’s investment portfolio.
Direct investments
Securities and bank deposits
Shipping
Our headquarters
Designed by architect Ingolf Danielsen, the headquarters of Rieber & Søn were erected in 1926 as the administration building of Hansa Bryggerier, Bergen’s major brewery.
Following extensive rehabilitation, the Bjarne Rieber Group moved into the building in 1990.
Investment team
Fritz Rieber
EXECUTIVE DIRECTOR AND GENERAL MANAGER
Fritz Rieber is a former partner at Borea, and has work experience from banking and finance. He has co-founded a number of companies, and served as board member and chairman of the board of both listed and non-listed companies.
Trond Valvik
HEAD OF INVESTMENTS
Trond Valvik is the Investment Director of Rieber & Søn. He was partner at PE firm Borea Opportunity and has experience from transaction support and accounting at EY. Valvik has built extensive cross-sector experience as board member and chairman for several companies, both listed and non-listed.
Valvik holds a Master’s degree from the Norwegian School of Economics (NHH).
Øystein Elgan
HEAD OF SHIPPING AND GENERAL COUNSEL
Øystein Elgan is a former lawyer and partner at law firms Greve & Lorentzen and Thommessen, and also has experience as a registrar. He serves on the board of a number of Norwegian and international companies as member or chairman. Elgan is a law graduate from the University of Bergen.
Jørund H. Indrehus
HEAD OF OPERATIONAL FINANCE AND STRUCTURE
Jørund is our in-house resource within the accounting and tax area. He supports the financial and reporting structures and processes of change in existing portfolio companies. He also leads our transaction support team in connection with acquisition and divestment of companies. Jørund is a former partner at EY, and an experienced consultant and auditor in various industries nationally and internationally.
He is a business economics graduate of the Norwegian School of Economics (NHH) with a Master’s degree in Accountancy, and CPA.
Ingvild Stautland
IMPACT AND INVESTMENT ANALYST
Ingvild is an analyst at Rieber & Søn. She holds an MSc in Financial Economics from the Norwegian School of Economics (NHH), and has a background within Mathematics from NTNU. Previously, she has worked three years in DNB, and has former experience from Borea Asset Management.
Brede Selseng
SENIOR INVESTMENT MANAGER
Brede is responsible for individual investments in the Rieber & Søn portfolio. He has previous experience as CFO at PSW Group and Ferde. Selseng also has experience from banking and capital markets at DNB and Sbanken. Selseng holds an MBA from the Norwegian School of Economics (NHH)/AFF.
Carl August Rieber
INVESTMENT MANAGER
Carl August Rieber is a Portfolio Manager at Rieber & Søn. He has broad experience within the company, and works across the various investment areas.
Carl holds a Master’s degree from the Norwegian School of Economics (NHH) with specialization in Financial Economics.
Ida Lundefaret
OPERATIONS AND INVESTMENT ANALYST
Ida works as an operations and investment analyst in Rieber & Søn. She has previous experience from Shearwater Geo Services and Equinor, as well as having served as CFO of the start-up Powerzeek (now Fount).
She holds a Master’s degree in Accounting and Finance from Copenhagen Business School.
Rubab Ishmam
OPERATIONS AND INVESTMENT ANALYST
Rubab is an operations and investment analyst in Rieber & Søn. He holds an MSc in Industrial Economics and Technology Management from NTNU, specialized within Electrical Engineering and Finance. Prior to joining Rieber & Søn, he undertook internships at DNB Markets, Swedbank, and Pareto Alternative Investments.
Administration
Cathrine Monsen
HEAD OF ADMINISTRATION AND BACK-OFFICE
Cathrine joined Rieber & Søn in 2018. She works as a controller within accounting and financial reporting. Monsen has experience in auditing from Deloitte Bergen. She is a state authorized public accountant with a Master’s degree from the Norwegian School of Economics (NHH).
Sissel Vallestad
OFFICE COORDINATOR AND ACCOUNTANT
Sissel Vallestad has been employed in the company since 1990. She has previous work experience from the Olav Thon Group. Sissel has higher education in accounting and administration.
Laila Oppedal Strann
HEAD OF ACCOUNTING
Laila has been employed in the company since 1992. She has worked within accounting since 1980. Her education includes courses in accounting, economics and tax at the Norwegian School of Economics (NHH).
The Board
Helge Midttun
CHAIRMAN OF THE BOARD
Helge Midttun has extensive experience from board work as well as operational management. Of particular value to Rieber & Søn is his know-how within the seafood and marine sectors and the food and beverage industry. Midttun has been President and CEO of Aker BioMarine, Fjord Seafood and Det Norske Veritas (now DNV GL). Midttun serves on the board of international fish farming group Cermaq and various other companies.
Helge Midttun holds a Master’s degree from the Norwegian School of Economics (NHH).
Marianne Mangschou Rieber
BOARD MEMBER
Marianne Mangschou Rieber represents the owners on the board.
She is the managing publisher of Mangschou Forlag, one of Norway’s most recognized publishers of books for children and young readers.
Leif Teksum
BOARD MEMBER
Leif Teksum (born 1952) is one of Norway’s most experienced leaders. He brings extensive strategic and operational expertise to the board of Rieber & Søn, gained primarily through senior positions in the financial sector. He was a member of the executive management team at DNB from 1991 to 2013, where he was responsible for large corporate clients and all international operations.
Teksum holds a degree in economics and business administration from the Norwegian School of Economics (NHH).
Katrine Trovik
BOARD MEMBER
Katrine works as an independent board member with core competencies in business development, business law, corporate governance and management. She has over 10 years of experience from the management group of DNB Corporate Banking, and previously practiced as a business lawyer and partner in two of Norway’s largest law firms. In addition, Katrine has experience as a board member in listed companies, state-owned companies, technology companies, research foundations and non-profit organizations.
Katrine holds a Master’s degree from The Norwegian School of Economics (NHH) and a law degree from the University of Bergen.
Sebastian Rieber
BOARD MEMBER
Sebastian Rieber represents the owners on the board of Rieber & Søn. He has rich experience from multiple internships within the company. Additionally, he has previous experience from Borea Asset Management, and he currently holds a role on the financial team of Nordic Corporate Bank.
He has a Master’s degree from the Norwegian School of Economics (NHH).