Validus is the biggest corporation in Norway working with beauty and wellbeing. Our subsidiaries – both wholly owned and co-owned – operate in several Nordic countries in five different business areas:
• Retail trade
• Wholesale
• Import
• Duty-free
• Beauty care
Vita and Parfymelle, the biggest personal care chains in Norway, are owned by Validus. Validus also owns a number of chains in the fields of health foods and beauty products. Validus had a turnover of approx NOK 4 billion in 2008, and the group employs a total of 3000 staff.
Ownership
Validus is owned by Terje Stykket, 51% of shares, and Norgesgruppen ASA. The Validus group currently consists of the wholly owned companies Validus Engros AS, Alternativ Mat AS, Cosmetic Group AS and Validus Butikkdrift AS. Validus also owns 52% of the Swedish company Bringwell AB, 50% of Travel Retail Norway AS and 48% of VAMI AS
Download the Validus organisation chart
The history of Validus goes back to 1960
In 1960, founder Torgeir Stykket started a wholesale company with NOK 1000 that he borrowed and an old taxi. In 1994, the Stykket family took over Validus Engros. Over the last few years, Validus has taken over a number of companies – both large and small – and helped to structure the industry; not just in the field of health foods, but also as regards the specialist fields of cosmetics, hygiene and the professional market for hair and skincare in Norway.
Find out more about the history of Validus
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