History
ABG + Sundal Collier = ABGSC
Sundal Collier was founded in 1984 and became a subsidiary of HSBC for five years (1987-1992) before a management buyout returned the firm to its partnership roots. Sundal Collier has a top position in Norway in corporate finance and advisory work as well as a top rank in both institutional stock broking and investment advice for high net-worth individuals.
ABG was established in 1997 by a group of internationally respected investment professionals to create a research-driven investment bank. It focused on Nordic companies to serve a broad, international, institutional client base including many of the world’s largest investment firms. ABG has built one of Europe’s most highly respected research franchises and recently expanded into corporate finance and advisory work.
Initiated in December 2000, the merger of ABG and Sundal Collier included acquisition of Askia Invest to strengthen the group’s combined capital. The merger was formally completed on 22 October 2001 with the public listing of ABG Sundal Collier ASA.
The combination of the two firms' strenghs provided a solid platform for further growth in the years to come. ABGSC today holds a strong position in the Nordic investment banking market, and has also broadened the product spectre to include areas as Alternative Investments and Foreign Exchange.