SWEDEN: V&S corners Nordic wine market by acquiring Marli Group

By Elliot Lane | 24 January 2001

Sweden's wine and spirit giant Vin & Sprit (V&S) has tightened its grip on the Nordic wine market by acquiring an initial stake in Finland's Marli Group. V&S has bought approximately one third of the company's shares for an undisclosed sum, with the intention of acquiring the remaining shares from the principal owner, Oy Rettig AB next year.

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Sweden's wine and spirit giant Vin & Sprit (V&S) has tightened its grip on the Nordic wine market by acquiring an initial stake in Finland's Marli Group. V&S has bought approximately one third of the company's shares for an undisclosed sum, with the intention of acquiring the remaining shares from the principal owner, Oy Rettig AB next year.

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