Canica As
Stein Erik Hagen's Single Family Office · Oslo, Norway
$750M estimated AUM
AUM figures are estimates compiled from public sources. How we source our data.
About Canica As
Canica AS is the single-family office of Norway's Hagen family, founded in 1985 by Stein Erik Hagen on proceeds from the RIMI grocery chain, which he sold in 2004. Today it ranks among Norway's largest privately owned investment companies, pursuing long-term, active ownership across consumer goods, retail, real estate and manufacturing—anchored by a roughly 25% stake in Orkla ASA and holdings such as the retailer Jernia. The office does not disclose its assets, though third-party estimates place them near $750M. Caroline Hagen Kjos, who has chaired Canica since 2014, assumed control in 2026 following the founder's death. The family's Swiss operations run through Canica Holding AG, led by CEO Christer Kjos.
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Frequently Asked Questions
What is Canica As?
Canica As is a single family office associated with Stein Erik Hagen, based in Oslo, Norway.
Where is Canica As located?
Canica As is based in Oslo, Norway.
How much does Canica As manage?
Canica As is estimated to oversee approximately $750M in assets. As a private family office it files no public AUM disclosures, so figures are third-party estimates compiled from public sources.