The Stena Sphere consists of three wholly-owned parent companies, Stena AB, Stena Metall AB and Stena Sessan AB. Together they make up one of Sweden’s biggest family-owned group of companies with businesses worldwide.
The Sphere’s primary focus lies on ferry routes, shipping, offshore drilling, property, finance, recycling, environmental services and trading.
Stena AB is the parent company of the following subsidiaries:
Stena Sessan AB
The competitor Sessanlinjen was purchased by Stena in 1980. This concluded severe competition for ferry transportation existing in the Kattegat between Sessan Line and Stena Line resulting in the two companies merging. Stena Sessan retains its involvement in the ferry traffic today whilst also having a strong involvement in tanker shipping, through its stake in Concordia Maritime.
Stena Metall AB
Stena Metall AB is a leading recycling and environmental services group. The Stena Metall Group recycles, processes and refines a growing number of waste products including metals, paper and electronic equipment. The group also runs international trading activities in steel, metals and bunker oil. It is the oldest part of the Stena Sphere having been founded in 1939.