Hansa Investment Company Limited (LSE: CORD), is a large British investment trust with a globally diverse portfolio. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[1]
History
The company was established in 1912 as the Alto Paranà Development Company, in order to acquire the share capital of a forestry business operating in Brazil.[2] Its business involved the care of 600,000 acres (240,000 ha) of cedar, pine and hardwood forest. It became the Scottish and Mercantile Investment Co Limited in 1951.[3]
It bought a stake in a shipping business, Ocean Wilsons, in the late 1950s.[4] It then became Finsbury Trust in 1992 and Hansa Trust in 2001.[5]
In June 2025, it offered to acquire all the shares it did not already own in Ocean Wilsons.[6][7] The takeover was completed in December 2025.[8]
References
- ↑ “FTSE UK Index Series Annual Review June 2026”. FTSE Russell. 26 May 2026. Retrieved 27 May 2026.
- ↑ “Alto Paraná Development Company Limited”. Scripoworld. Retrieved 19 June 2026.
- ↑ “Alto Parana Development x Scottish and Mercantile Investment Co Ltd La Sociedad Anonima Compania de Maderas del Alto Parana”. AIM 25. Retrieved 27 May 2026.
- ↑ “Hansa plans to grow assets to £1bn with Ocean Wilsons takeover”. Association of Investment Companies. 27 June 2025. Retrieved 17 June 2026.
- ↑ “Hansa Trust”. Companies House. Retrieved 19 June 2026.
- ↑ “Hansa plans to grow assets to £1bn with Ocean Wilsons takeover”. Association of Investment Companies. 17 June 2025. Retrieved 18 September 2025.
- ↑ “Ocean Wilsons Holdings agrees all-share merger with Hansa Investment”. A. J. Bell. 28 July 2025. Retrieved 3 March 2026.
- ↑ “Scheme of arrangement becomes effective”. London Stock Exchange. 9 December 2025. Retrieved 3 March 2026.