Carl Frederik Tietgen
Tietgen painted by P. S. Krøyer in 1892
|Died||19 October 1901 72) (aged|
|Resting place||Graveyard at Lyngby Church|
|Occupation||Industrialist, real estate developer|
|Known for||Foundation of numerous companies|
Completion of Frederik's Church
Carl Frederik Tietgen (19 March 1829 – 19 October 1901) was a Danish financier and industrialist. The founder of numerous prominent Danish companies, many of which are still in operation today, he played an important role in the industrialisation of Denmark. Notably also forming conglomerates, several of Tietgen's companies attained a monopoly-like status, which cemented their durability.
A dedicated Grundtvigian, Tietgen made the completion of the Marble Church which he financed at his own expense.
Tietgen was born on 19 March 1829 in Odense, the son of a manager of a social club for the local bourgeoisie where he helped out throughout his childhood. After finishing his commercial apprentice, he worked in the United Kingdom for five years, settling in Manchester, England. He also traveled to northern Germany, Norway and Sweden. In the United Kingdom, Tietgen gained experience in private banking, an industry still in its infancy in Denmark at that time.
Upon returning to Denmark, Tietgen founded a wholesale business, C.F. Tietgen & Co, at Copenhagen’s Amagertorv in 1855, later relocating to Gammeltorv Market. Despite of the impressing office locations, the business was a modest sole proprietorship, dealing primarily as an agent between business-connections in Manchester and Copenhagen. In 1857, after his involvement as curator in a bankruptcy had demonstrated a remarkable eye for economy and strategic thinking, he was invited to join the management of Privatbanken which under him developed into Denmark's first investment bank.
In the span of four decades as head of Privatbanken, Tietgen created and consolidated a large number of companies, and gained control of major companies in several industrial sectors.
In the transportation industry, Tietgen developed several railroads, capitalized Burmeister & Wain as well as Svitzer in 1872. He created Det Forenede Dampskibs-Selskab as a merger of several smaller operators and in 1880 founded Thingvalla Line.
Tietgen created several companies in the telegraph and telecommunications sector. He founded Det Store Nordiske Telegraf-Selskab in 1868 and with the arrival of the telephone KTAS was founded in 1880.
In 1872 Tietgen formed De Danske Sukkerfabrikker as a merger of several sugar refineries. In 1873 followed the cofounding of the Tuborg brewery and the consolidation of several smaller coffee substitute companies forming De Danske Cikoriefabrikker. In 1881 several smaller distillers were merged to form De Danske Spritfabrikker and in 1891 the merger of several independent breweries formed De Forenede Bryggerier.
In 1869 Tietgen cofounded Banque de Paris with a group of European bankers, which in 1872 merged to form Paribas.
Tietgen was a major force and a European pioneer in Industrial consolidation. Tietgen would merge several competing companies in a given industry, creating large publicly traded stock companies. Privatbanken would become a major shareholder in the new company, as would a circle of business associates and Tietgen himself.
He retired from Privatbanken in 1896, after suffering a stroke in Paris in 1894
The companies founded or co-founded by Tietgen include:
Tietgen was also to some extent a philanthropist, notably paying for the completion of Marble Church. He also built Taarbæk Church on the Øresund coast north of Copenhagen.
Tietgen married 19-year-old Laura Charlotte Jørgensen on 8 August 1855 in Vejstrup on the island of Funen.
Tietgen suffered partial paralysis following a minor brain hemorrhage in 1894. He was weakened for the last years of his life, causing him to retire from most of his positions. Tietgen died in the evening of 19 October 1901; a memorial ceremony took place at the Marble Church on 25 October. He was buried in Lyngby on 29 October 1901.
Carl Christian Rafn was a Danish historian, translator and antiquarian. His scholarship to a large extent focused on translation of Old Norse literature and related Northern European ancient history. He was also noted for his early advocacy of the recognition of Norse colonization of North America.
Humlebæk is a town within the municipality of Fredensborg in North Zealand in Denmark, approximately 35 km north of Copenhagen. Humlebæk is located at the shore to Øresund and has a population of 9,746 (2020).
The Scandinavian America Line (Skandinavien-Amerika-Linien) was founded in 1898, when Det Forenede Dampskibs-Selskap (DFDS) took over the steamship company Thingvalla Line. The passenger and freight service between Scandinavia and New York City was operated under the name Scandinavian America Line until 1935.
DFDS is a Danish international shipping and logistics company. It is the busiest shipping company of its kind in Northern Europe and one of the busiest in Europe. The company's name is an abbreviation of Det Forenede Dampskibs-Selskab. DFDS was founded in 1866, when C.F. Tietgen merged the three biggest Danish steamship companies of that day.
SSNorge[ˈnɔ̀rɡə] was a Danish passenger liner sailing from Copenhagen, Kristiania and Kristiansand to New York, mainly with emigrants, which sank off Rockall in 1904. It was the biggest civilian maritime disaster in the Atlantic Ocean until the sinking of Titanic eight years later, and is still the largest loss of life from a Danish merchant ship.
The Society of the Friends of Peasants was a liberal Danish political society founded on 5 May 1846 by members of the provincial consultative assemblies Johan Christian Drewsen and Balthasar Christensen with the intent to promote the liberation of the peasantry and equality among the different classes of society. Among its most politically influential members were Anton Frederik Tscherning, Jens Andersen Hansen and Carl Christian Alberti.
GN Store Nord A/S is a Danish manufacturer of hearing aids and headsets.
Gerhard Schøning was a Norwegian historian. His Reise som giennem en Deel af Norge i de Aar 1773, 1774, 1775 paa Hans Majestets Kongens Bekostning documenting travel through Trondheim, Gudbrandsdal and Hedmark, Norway in 1773–1775 has been recognized as both a historical reference and as a "minor travel classic."
Events from the year 1901 in Denmark.
Sankt Annæ Plads is a public square which marks the border between the Nyhavn area and Frederiksstaden neighborhoods of central Copenhagen, Denmark. It is a long narrow rectangle which extends inland from the waterfront, at a point just north of the Royal Danish Playhouse at the base of the Kvæsthus Pier, now known as Ofelia Plads, until it meets Bredgade. A major renovation of the square was completed in 2016.The Garrison Church is located on the south side of the square. Amaliegade, one of the two axes on which Frederiksstaden is centered, extends from the square.
Thingvalla line was a shipping company founded by Danish financier, industrialist and philanthropist Carl Frederik Tietgen in 1879 in Copenhagen, Denmark. It maintained a route between Copenhagen and New York City calling at Kristiania and Kristiansand on the way. At its peak, it had ten ships in its fleet. In 1898, the company was bought by DFDS, another Danish shipping company, and the name was changed to Scandinavian America Line.
Alf Cock-Clausen was a Danish architect. He was active during the transition from Neoclassicism to Functionalism and many of his works show influence from Art Deco. His factory for the distillery De Danske Spritfabrikker at Aalborg's harbour front was declared a Danish Industrial Heritage Site in 2009.
Lauritz Peter Holmblad, often referred to as L. P. Holmblad, was a Danish industrialist and philanthropist. His company, which was simply known as L. P. Holmblad, had ictivities in dyes, soap, glue and plating cards. Holmblad was also part of the circle around Carl Frederik Tietgen, co-founding several of his companies.
Vilhelm Rasmus Andreas Andersen was a Danish author, literary historian and intellectual, who primarily focused on the study of Danish literature. He was one of the first to use the term "Golden Age of Culture" to refer to the 1800s, and his focus on bringing Danish literature to the public earned him great popularity. Andersen was instrumental in the development of the School of Radio, as a means of disseminating public education to prevent loss of cultural identity and treasures.
Ole Berendt Suhr was a Danish merchant, investor, landowner and philanthropist.
Gustav Adolph Hagemann was a Danish engineer and businessman. He was chief technical officer of the Danish Sugar Factories from 1872 to 1897 and then served as chairman of the board until 1916. He owned several sugar plantations on Saint Croix in the Danish West Indies.
De Danske Sukkerfabrikker was a Danish sugar manufacturing company established in 1872 in Copenhagen, Denmark. It played a central role in the development of a thriving Danish sugar industry based on sugar beet from Lolland-Falster, Møn and Funen. The company merged with Danisco and De Danske Spritfabrikker in 1989. It then continued as Danisco Sugar Sector until 2011, when it was acquired by Nordzucker and renamed Nordic Sugar.
Højbygaard Sugar Factory was built in 1872–74 at Holeby on Lolland in southeastern Denmark. It was one of the first modern sugar factories built for the country's emerging sugar beet industry. It was taken over by De Danske Sukkerfabrikker in 1877 and operated until 1959. The buildings were then acquired by De Forenede Papirfabrikker and operated as a paper mill under the name Højbygaard Papirfabrik from 1960 to 1993.
Erhard Frederiksen was a Danish agronomist and sugar manufacturer. He is considered one of the most significant writers on agricultural economics of his time in Denmark. He was in 1872-74 a co-founder of a sugar factory at Holeby on Lolland which was later taken over by the Danish Sugar Factories under the name Højbygaard Sugar Factory.
Philip Wulff Heyman was a Jewish Danish industrialist who co-founded the Tuborg Brewery. He was also a pioneer of Danish butter and bacon exports to the United Kingdom.
|Wikimedia Commons has media related to Carl Frederik Tietgen .|