Product Code Database
SHV Holdings is a privately owned Netherlands trading company, regarded as one of the world's largest private trading groups. SHV is a highly diversified company, with interests in transport, retail, oil, food, Testing, Inspection & Certification and financial services . It currently employs more than 64,860 people and is present in 70 countries.
Thanks to his expertise in the coal trading business, Fentener van Vlissingen was appointed as director of the State Coal Board, which managed coal distribution in the Netherlands during the First World War. Although the Netherlands was neutral, the war years were difficult for SHV, as Westphalian coal output was assigned to support the German war effort. Nevertheless, in 1917 SHV established a holding company, Administratiekantoor Unitas to exploit a German anthracite mine. This entity (simply called "Unitas") became SHV's first investment arm, providing foundation capital for companies like Koninklijke Hoogovens and KLM.
The 1920s also brought about a major change in the Dutch industrial sector: a slump in fishing led to the consolidation of three major shipping companies and their new energy needs also affected the SHV. In response to these changes, SHV established its first Oil terminal and sold crude for the motor vessels of the recently merged shipping companies. The shifts in energy economics in the Netherlands followed changes taking place around the world. In 1914, close to 94% of ships around the world were fuelled by coal; by 1939 this had fallen to 48%. Oil was preferred over coal because it burned more efficiently: in some cases, shipping companies saved up to 40% in operating costs by switching to motor vessels., p. 95 S.H.V. was directed by Daniel George van Beuningen who took over from his father.
After the war, SHV had to cope with the economic difficulties of a continent in ruins. As coal's importance continued to decrease, SHV expanded its interests in shipping and retail. In 1964, the company established the Makro cash-and-carry stores.
In July 2021, SHV purchased Kiwa NV, a Dutch testing, inspection and certification (TIC) institution.
1940–1970
On 10 May 1940, Nazi Germany attacked Belgium, France, Luxembourg and the Netherlands. After four days of fighting, the Dutch government capitulated and the occupation of the Netherlands began.
1970–1999
By 1995 SHV was the largest trading company in the Netherlands.
2000–present
In April 2015, SHV completed the takeover of animal feed manufacturer Nutreco
Corporate Affairs
Management
Floris de Ryck has been the CEO of SHV Holdings since April 2024.
Logo
The SHV logo is inspired by the coat of arms of Utrecht, to which SHV moved from Rotterdam under the directorship of FH Fentener van Vlissingen.
Companies owned by SHV Holdings
External links
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