The company is owned by Bonheur and is headquartered in Ipswich, Suffolk, in the United Kingdom.

Olsen group also has business interests in the luxury hotel sector, estate management,[1] property development and electronics companies.

Olsen announced that a series of 600-passenger-newbuilts was being planned and they were in negotiations with shipyards, but those newbuilts were never ordered.

Olsen bought the former Holland America Line ships Amsterdam and Rotterdam for $37m[4] and renamed them Bolette and Borealis respectively, to be delivered in September 2020.

Destinations include Northern Europe, the Baltic, the Mediterranean, the Adriatic, the Canary Islands, the Caribbean, Africa, Canada, the United States and South America[citation needed] Fred.