V&S Group

Beverage industry company news

Subscribe via RSSWhat is RSS?

Latest News

SWEDEN: Vin & Sprit dismisses false figures claims

12 Feb 2008

Vin & Sprit has shrugged off reports that the Swedish state exaggerated its prospective results in a prospectus used to promote the sale of the company.

FRANCE: LVMH confirms no offer for V&S

11 Feb 2008

LVMH Moët Hennessy Louis Vuitton has confirmed that it will not bid for Swedish state-owned Vin & Sprit.

SWEDEN: Absolut well-placed to brave credit crunch - V&S

31 Jan 2008

The head of Vin & Sprit’s spirits division has said that the current global economic uncertainty should not affect the unit in 2008.

SWEDEN: Government may retain stake in V&S - report

31 Jan 2008

The Swedish government is considering keeping a stake in soon-to-be-privatised spirits producer V&S, local reports have suggested, while speculation is also growing that the sale price could fall due to the current turmoil on credit markets.

SWEDEN: Vin & Sprit celebrates record year for Absolut

31 Jan 2008

Vin & Sprit is toasting a record year for its Absolut Spirits division in 2007.

SWEDEN: Vin & Sprit silent on owner preference claim

29 Jan 2008

Vin & Sprit has declined to comment on claims that it would prefer Swedish investment company Investor as its future owner.

SWEDEN: Vin & Sprit privatisation begins – report

25 Jan 2008

The auction for Vin & Sprit has begun, according to reports.

UK: Pernod Ricard silent on Vin & Sprit bid

24 Jan 2008

Pernod Ricard has refused to be drawn on whether it has submitted a preliminary bid for Vin & Sprit.

SWEDEN: Troubled stock markets threaten V&S sale

23 Jan 2008

The Swedish authorities have warned that the current turbulence on global markets could slow the sale of Vin & Sprit.

FINLAND: Vin & Sprit too big for Altia - CEO

10 Jan 2008

Finnish state-owned alcohol company Altia Corporation is not big enough to buy Swedish drinks giant Vin & Sprit but could be interested if the company is broken up into parts, according to chief executive Antti Pankakoski.

DENMARK: Carlsberg calms Vin & Sprit pull-out talk

21 Dec 2007

Carlsberg has played down reports that it has backed out of the auction for Vin & Sprit.

SWEDEN: Swedish government contacts V&S bidders - report

17 Dec 2007

The Swedish government has begun the auction process for state-owned Vin & Sprit by contacting a wealth of interested bidders.

SWEDEN: Carlsberg "considering" Vin & Sprit auction

14 Dec 2007

Carlsberg has admitted that it is “considering” its position on the pending auction of Vin & Sprit.

SWEDEN: Vin & Sprit sale confirmed

11 Dec 2007

The Swedish government has decided to sell Vin & Sprit by auction, with cash appearing to be the deciding factor.

Analysis - Fortune strengthens Constellation's hand in wine market

29 Nov 2007

Constellation's US$885m purchase of Fortune Brands' wine portfolio further adds to the acquisitive US company's impressive line-up. Chris Losh believes the deal makes perfect sense for Constellation, and for Fortune Brands could be part of the company's preparation to enter the auction for Absolut vodka.

SWEDEN: V&S sets Absolut production record

26 Nov 2007

V&S Group’s Absolut vodka brand has already exceeded last year’s annual production records.

SWEDEN: Handling rumours "the easy part" for Vin & Sprit - CEO

20 Nov 2007

Speculation over the last year regarding the future of Vin & Sprit has failed to disrupt operations at the Swedish state-owned company, according to its CEO.

SWEDEN: Economic crisis brings Vin & Sprit privatisation forward – report

14 Nov 2007

The privatisation of Swedish state-owned alcohol concern Vin & Sprit has been brought forward as an indirect result of the US sub-prime mortgage crisis, Swedish media has reported.

The just-drinks interview – CEDC

6 Nov 2007

On the back of a raft of acquisitions, Central European Distribution Corporation (CEDC) has grown to become a major force in both the Polish and Hungarian spirits markets. Bill Carey, the company’s chairman, president and CEO, spoke with Olly Wehring about CEDC’s rapid rise to prominence and its plans for further expansion the Central and Eastern European region.

SWEDEN: V&S sees Absolut boost Q3 profits

31 Oct 2007

Vin & Sprit has posted higher quarterly profits on the back of "excellent" margin growth, the continued progress of its flagship Absolut brand and product innovation.

SWEDEN: V&S to sell Danish yeast operation

29 Oct 2007

V&S Group has signed an deal to sell a Danish yeast production facility to a Canadian company.

US: Absolut unveils mango variant

23 Oct 2007

Vin & Sprit has launched a mango variant of its Absolut vodka brand.

FINLAND: Altia Corporation mulls move for Vin & Sprit - report

18 Oct 2007

Altia Corporation is the latest name to be linked with the potential sale of Vin & Sprit, according to reports.

SWEDEN: EQT wants to buy Vin & Sprit - report

10 Oct 2007

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

FRANCE: Pernod Ricard looks to up debt limit, silent on V&S link

4 Oct 2007

Pernod Ricard has confirmed its plans to bid for Swedish drinks company Vin & Sprit, but added that its recent decision to up the limit of its fund raising has been a decision "independent" of any forthcoming plans.

SWEDEN: Vin & Sprit privatisation still on track - report

4 Oct 2007

The Swedish government is keen to progress with its privatisation of state-owned Vin & Sprit, despite the resignation of two key officials in the process earlier this week.

SWEDEN: V&S loses Golden Gate trademark battle

27 Sep 2007

Vin & Sprit has lost its battle against The Wine Group subsidiary Golden State Vintners over the use of the Golden Gate trademark in Sweden.

ITALY: Davide Campari-Milano sees V&S opportunities - report

24 Sep 2007

Davide Campari-Milano is hoping to feed off scraps from the potential sale of Vin & Sprit, according to a recent interview.

UK: Analyst plumps for Bacardi in race for Vin & Sprit

18 Sep 2007

Bacardi has been tipped as the most likely winner for the hand of Vin & Sprit, should the Swedish company be put up for sale.

US: Fortune confirms V&S Sweden visit

17 Sep 2007

A team of senior executives from Fortune Brands visited Sweden last week to discuss the possible sale of Vin & Sprit.




Forgot your password?