Compagnie van Verre


The was one of the forerunner companies that were later merged into the Dutch East India Company.

History

It was set up in 1594 by nine citizens of Amsterdam, to break Portugal's monopoly on the pepper trade. To do this, it sent an expedition of three heavily armed ships and a pinnace under the leadership of Cornelis de Houtman, with orders to break into the trade.
On 2 April 1595 the ships set off from Texel, with 248 officers and men on board. The expedition followed the routes described by Jan Huygen van Linschoten after he had made the journey in the pay of the Portuguese. On 6 June 1596 the ships arrived at Bantam, the most important pepper port on Java. During the return trip, on 11 January 1597, Amsterdam was badly damaged and had to be left behind at the island of Bawean.
On 14 August 1597 the expedition arrived back in Amsterdam with only 87 survivors. The voyage was not a success commercially, but it proved that not only the Portuguese had the potential to trade in pepper.
In 1598 the merged with the and in 1597 with the Oude Compagnie. The resulting company then merged with the in 1601 to form the, which in turn merged with many other companies in 1602 into the Dutch East India Company, retaining a room in the VOC's chambers in Amsterdam.

General references

Category:16th century in Amsterdam
Category:History of the Dutch East India Company
Category:1594 establishments in Europe
Category:1598 disestablishments in Europe
Category:16th-century mergers and acquisitions
Category:Pepper trade
Category:Companies of the Dutch Republic