J.B. Ugland Entreprenør

J.B. Ugland is a Norwegian family group based in Grimstad. Its activities are concentrated on property, shipping and financial investments. The property arm develops towns and buildings, from residential projects starting with undeveloped land to turnkey homes, and also sells regulated development plots. Shipping is handled through J.M. Ugland & Co, and investments are managed in-house and with the subsidiary Lux Nordic Wealth Management, whose business address is in Luxembourg.

The group's property projects include recent news items on Skien Brygge, Drammen Helsepark and Kanalbyen 4A, and it has a venture unit that invests in early-stage founders in Agder. Its revenue comes from property development, property sales and its investment and shipping holdings.

The Ugland family has been active in Grimstad for generations, with roots in agriculture, trade and shipping that the group traces back to the 1200s. The legal entity J.B. Ugland Entreprenør AS was founded in 2011. The group states that it had 37 employees in total and revenue of NOK 833 million in 2024.

Product: Property development, residential construction, land plot sales, shipping management and financial investment through group companies