The Swedish spirits producer, Vin & Sprit, has completed its acquisition of the Polish spirits group, Polmos Zielona Gora. V&S is buying 85% of Zielona Gora from the Polish Treasury Ministry for PLN129.2m in a privatisation deal.

The deal, first announced in December 2002, finally went through following approval from Polish Internal Affairs and Administration Ministry.

V&S is to invest PLN11m in Zielona Gora. The remaining 15% of the company is to be owned by its employees.