Swedish drinks business Spendrups is acquiring a selection of alcohol brands from local listed group Umida.
“We see this as a cost-effective way to build a competitive position in the segment, compared to developing a new portfolio from scratch,” Leif Börjesson, the CEO of Spendrups arm Spring Wine and Spirits, said.
Swedish drinks business Spendrups is acquiring a selection of alcohol brands from local listed group Umida.