from the industrial and finance sectors

holta invest

Since January 2010, Nizi International has been owned by Holta Invest SA, a company with a long industrial tradition in Norway’s metallurgical sector.
This Norwegian investment group is 100% owned by Kjetil Holta, the previous majority owner of the Tinfos Group. Holta Invest intends to maintain and further develop the Company’s international trade and distribution activities.

Holta Invest’s Board of Directors is composed of all highly experienced senior executives from the industrial and finance sectors.

|   Find out more on: www.holta.com

Holta Invest has

A long industrial tradition in Norway

Ownership history of NIZI

In the late eighties, the inheritors of the founders of Companie des Mines et Métaux (today’s Nizi International) held substantially all of the shares of the Company and they began to look for partners to participate in the ownership of NIZI. Long term business friends were approached to become active owners.
In 1987, Metallurg Inc. (USA) purchased approximately 22% of the shares and in 1994, Tinfos Jernverk AS (Norway) took over the remaining 78% of the shares. Tinfos Jernverk AS subsequently purchased Metallurg’s shares in 1998, leaving NIZI with a single owner, the same situation, as when the Company started in 1898.

As with past owners, who were mainly individuals, as well as with Kjetil Holta as the present owner, it has always been important to set aside a substantial part of the profits to develop the company further.
The idea of creating values for employees, the company itself, and its shareholders, has been a major factor of NIZI’s success during the past century of operations.