Company history

The Olsen Family's business activities in the Canary Isles stretch back over a century

To be precise, it was in 1904 when Thomas Olsen, grandfather to the current president of the company Fred.Olsen, S.A., set up an important agricultural centre in the south of the island of La Gomera.

From then on, the family launched a maritime route as a means of exporting to the rest of Europe the tomato and banana crops produced in the La Lomada de Tecina and Playa de Santiago.

With the passing of time, Fred. Olsen has upheld his commitment to the local people to invest profits made back into the Canary Islands, thus boosting the economy and allowing the local community to obtain direct benefits from his success.

With this in mind, Fred.Olsen, S.A. has created more than 1,000 jobs in the islands and has invested vast sums of money into developing a modern, efficient network of maritime transport between the seven Canary Isles, as well as in other areas such as tourism and leisure.