Tine (company) facts for kids
| Cooperative | |
| Industry | Dairy |
| Founded | 1928 |
| Headquarters | Oslo, Norway |
|
Area served
|
Norway Global |
|
Key people
|
Ann-Beth Freuchen (CEO) Kristin Muri Møller (CFO) |
| Products | Tinemelk milk Jarlsberg cheese Snøfrisk Diplom-Is |
| Revenue |  NOK 20.4 billion (2013) |
| 948 mill. | |
|
Number of employees
|
5,600 (2013) |
TINE SA is a very large Norwegian company that makes dairy products. It's special because it's a cooperative, which means it's owned by about 15,000 farmers who supply the milk! These farmers work together and share in the company's success.
TINE is Norway's biggest dairy cooperative. They make many different dairy products, and some of their famous ones include Jarlsberg cheese, Snøfrisk goat cheese, and Ski-Queen (a type of brown cheese called brunost). In 2013, the company earned about 20.4 billion Norwegian kroner. Because TINE is so big in Norway, they sometimes face criticism if there aren't enough products available. TINE is the most important of the 13 farmer-owned cooperatives in Norway.
The Story of TINE
Dairy cooperatives, where farmers work together, started in Norway way back in 1856. The first national dairy group was formed in 1881. TINE SA itself began in 1928. It was first called "Norwegian Dairies' Export Company." Over the years, its name changed a few times. In 1992, they started using "Tine" as an easy-to-remember brand name for their products.
In 2008, TINE was recognized as the world's top cooperative by a group called the International Cooperative Alliance. In 2010, the company became a nationwide group under new laws for cooperatives, and its name officially changed to TINE SA. The word "tine" comes from an old Norwegian wooden box used to keep butter and cheese fresh. It's a cool connection to their dairy roots!
Companies TINE Owns
TINE SA also owns parts of, or all of, several other companies. These are called subsidiaries.
- Diplom-Is: This company makes ice cream, and TINE owns all of it. It's Scandinavia's largest ice cream maker.
- Fjordland: This company makes ready-made meals, and TINE owns 51% of it.
- Norseland Ltd.: This company handles TINE's products in Ireland and the United Kingdom. TINE owns all of it.
- Norseland Inc.: This company sells and markets TINE's cheeses in Canada and the United States. TINE owns all of it.
- Wernersson Ost: This company sells and markets cheeses in Sweden, Denmark, and Finland. TINE owns all of it.
- TINE Ireland: This company makes Jarlsberg cheese for the international market. TINE owns all of it.
