ASOCIACIÓN EX-MARINOS DE NORUEGA
Esto es Noruega negocia su infancia con fondos de Inversión en paraísos fiscales, de verdad nauseabundo y asqueroso, vergonzante ¿y esto es de lo que presume Noruega escandaloso?
These very informed articles (links at the end of the commentary) shine a light on just one motivational factor that may explain why so many children are needlessly taken away for trivial reasons from their families.
In Norway, tearing families apart creates big business for wealthy investors. Five major players control two thirds of the Norwegian child welfare market with a total turnover of 3.2 billion in 2017. Several companies are also controlled from tax havens.
Four of the groups are controlled by foreign investment funds.
The Swedish care giant Humana has acquired nine Norwegian companies in recent years. The last investment was made in 2016 when they bought the successful KOA group for 190 million kroner. Humana is controlled by Argan Capital in London.
The Swedish welfare group Team Olivia Ab owns six Norwegian child welfare companies, as well as companies in health and care. The group is controlled by the Procuritas acquisition fund, which is registered in Sweden, Guernsey and Switzerland. Guernsey is a well-known tax haven, while Switzerland last year came fourth in the charity organization Oxfam's list of tax havens.
Aleris Ungplan & BOI are Norway's largest child welfare actors and are controlled by the Swedish investment company Investor, owned by the powerful financial family Wallenberg . Investor owns the EQT acquisition fund. Aleris had a turnover of nearly two billion in 2016, but states that around 60 percent comes from child welfare.
Unicare Small Units is owned by the British acquisition fund G Square Capital , which also controls a number of health and care companies through Care Holdco AS.
In addition, the Norwegian group Aberia is owned by billionaire brothers Kristian and Roger Adolfsen , which has had a solid foothold in the child welfare industry.
The action group "For the welfare state" is very critical of foreign ownership in child welfare.
"We know that the acquisition funds largely operate from tax havens and we believe they do so to avoid taxation and insight," says Linn Herning, the action group leader, who is also the author of the book "Welfare Professors".
To read more, please click on the link below:
https://www.vg.no/…/barnevernselskaper-kontrolleres-fra-ska…
The second child welfare report below also shows that separating children from their families in Norway provides enormous profitability for the industry.
https://www.vg.no/…/rapport-om-barnevernet-gir-enorme-profi…