The Olav Thon Group

The Olav Thon Group was founded by Olav Thon and is today owned by the Olav Thon Foundation. The group consists of Thon Holding AS and the listed company Olav Thon Eiendomsselskap ASA.

The group is mainly engaged in the real estate and hotel business, and owns and manages over 80 shopping centres in Norway and Sweden, and around 90 hotels in Norway, Sweden, Denmark, Belgium and the Netherlands.

Thon Eiendom

Thon Eiendom is a market leader in real estate and leases out premises for offices, shops, food service establishments, warehouses and logistics. The division is also active in the rental and sale of homes and holiday apartments, as well as extensive development of homes.

Thon Hotels

Thon Hotels is one of Norway’s largest hotel chains with over 90 hotels in Norway, Sweden, Denmark, Brussels and Rotterdam.  Read more about Thon Hotels’ history here.

Organisation number: 987,753,579

Resthon

In addition to Thon Hotels’ dining services, several individual eateries are included in the Olav Thon Group under the name Restthon. These include places like The Scotsman, Sir Winston, Den Gamle Major and Tostrup Uteservering in Oslo.

Other businesses

Other businesses account for a smaller part of the Olav Thon Group’s revenues and profits. The largest unit is the industrial producer Unger Fabrikker in Fredrikstad.

Olav Thon Stiftelsen

The Olav Thon Foundation was established in December 2013 and at the time of establishment all shares in Olav Thon Gruppen AS were transferred from Olav Thon. The objective of the foundation is to provide stable and long-term ownership of Olav Thon Gruppen and underlying businesses. In addition, the foundation may award funds to charitable causes.