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Family HoldingPuts its own capital into companiesLAST VERIFIED Oct 2026 · 4 SOURCES

Canica

Also known as Canica AS

Oslo and Pfäffikon (SZ) family-owned investment company of the Hagen family; largest shareholder of Orkla, with stakes in Komplett and Anora, NOK 7bn+ of property and a fund portfolio.

USEFUL FOR Fund managers raising capital · Co-investors

Family & background

FAMILY
Hagen
WEALTH ORIGIN
Grocery retail: the Rimi chain built by Stein Erik Hagen from his father Odd Hagen's grocery business (sold 2004)
HEADQUARTERS
Oslo, Norway
OFFICES
Oslo · Pfäffikon SZ, Switzerland
FOUNDED
1985
OUTSIDE CAPITAL
No — own capital only

Investment approach

SECTORS
Consumer & E-commerceReal Estate & PropTech
GEOGRAPHY
EuropeNorth America
ROUTES
Companies (own capital) · Funds (as LP)
STRATEGIES
Direct investmentsPublic equitiesReal estateFunds (as LP)Venture capital

Overview

Canica was established in 1985 by Stein Erik Hagen, founder of the Rimi grocery chain, and is a family-owned investment company with offices in Oslo and Pfäffikon, Switzerland. Its industrial investments include about 25% of Orkla ASA (its largest holding; Hagen chaired Orkla from 2006 to 2026), 42% of Komplett Group, 22% of Anora Group, The Well spa resort, F&H Group and Jernia. Its financial portfolio holds direct, joint-venture and fund investments from seed to pre-IPO, and Canica Eiendom manages about 140,000 sq m of property worth more than NOK 7 billion, mostly in Oslo. Stein Erik Hagen died on 4 May 2026; his children have taken increasingly important roles, and Caroline Hagen Kjos chairs the board.

Holdings & investments (7)

  • Orkla ASANOTABLE
    Consumer & E-commerce · 25.41% ownership
  • Komplett Group
    Consumer & E-commerce · 42.42% ownership
  • Anora Group
    Consumer & E-commerce · 22.41% ownership
  • The Well
    Consumer & E-commerce · 100% ownership
  • F&H Group A/S
    Consumer & E-commerce
  • Jernia
    Consumer & E-commerce
  • Canica Eiendom AS
    Real Estate & PropTech · Group real estate company

People

  • Anne Opitz
    Senior Portfolio Manager · source
  • Konstantinos Dimitrakopoulos
    Investment Director · source
  • Andreas Danielsson
    Investment Associate · source
  • Jan Ole Stangeland
    CEO · source
  • Morten Hilstad
    CFO · source
  • Kjetil Wisløff
    COO · source
  • Ingrid Haugen Fougner
    Director · source
  • Carl Erik Hagen
    Project Manager · source
  • Christian Altorfer
    COO/CRO · source
  • Erik Ryttervoll Kvamshagen
    Managing Director · source
  • Caroline Hagen Kjos
    Chair of the Board · source
  • Jo Olav Lunder
    Member of the Board · source
  • Hans Christian Braarud
    Board of Directors · source
  • Daniel Sandmeier
    Board of Directors · source
  • Willi Leimer
    Board of Directors · source

Frequently asked questions

Canica is a family holding based in Oslo, Norway, founded in 1985.

Canica invests on behalf of the Hagen family (Grocery retail: the Rimi chain built by Stein Erik Hagen from his father Odd Hagen's grocery business (sold 2004)).

Canica invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, public equities, real estate, funds (as lp) and venture capital.

Canica invests in Consumer & E-commerce and Real Estate & PropTech.

Key people at Canica include Jan Ole Stangeland (CEO), Morten Hilstad (CFO), Kjetil Wisløff (COO) and Ingrid Haugen Fougner (Director).

Canica's holdings and investments include Orkla ASA, Komplett Group, Anora Group, The Well, F&H Group A/S, Jernia and Canica Eiendom AS.

No. Canica invests its own capital and does not raise money from outside investors.