Private equity firm EQT has voiced its desire to buy Vin & Sprit from the Swedish government, according to reports.

A spokesperson for the company was cited by Dow Jones today (10 October) saying that the equity firm plans to look at buying V&S.

EQT reportedly fuelled speculation that if it bought V&S, it would split the company into two part, saying: "It's an interesting company, and EQT is a good owner of this kind of company. It's obvious that the different parts can be developed best as separate entities."

Among the contenders for V&S, which produces the Absolut vodka brand, are believed to be Fortune Brands, Diageo, Pernod Ricard and Bacardi.

General consensus amongst speculators suggests that Fortune is the front-runner, as it handles distribution of Absolut in the US and the two companies are partners in the distribution group Maxxium.