V&S Group

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SWEDEN: Vin & Sprit silent on US$893m extraction payment claim

12 Sep 2007

Vin & Sprit has declined to comment on claims that it may have to pay up to SEK6bn (US$893m) to extract itself from two distribution agreements, should it be sold by the Swedish government.

GLOBAL: Vin & Sprit takes Absolut to the Disco

10 Sep 2007

Vin & Sprit has unveiled a disco-themed extension for its Absolut vodka brand.

FRANCE: Pernod Ricard keeps close eye on V&S prize

29 Aug 2007

Pernod Ricard's chief executive Pierre Pringuet has attended meetings with politicians on a recent trip to Sweden, suggesting that the French company remains interested in buying its rival Vin & Sprit.

SWEDEN: Vin & Sprit sees exchange rates hit H1

23 Aug 2007

Vin & Sprit has posted a slight lift in its half-year figures, despite a hammering from exchange rate fluctuations.

UPDATE: SWEDEN: Gallo switches Swedish distributor

15 Aug 2007

E&J Gallo has given further details behind its decision to drop Vin & Sprit as its local distributor in Sweden.

SWEDEN: E&J Gallo drops Vin & Sprit for Spendrups

15 Aug 2007

E&J Gallo has switched distributors in Sweden.

GLOBAL: Management runaround at Maxxium Worldwide

23 Jul 2007

Maxxium Worldwide has appointed Beam Global's managing director to the position of board chairman.

GLOBAL: Remy exit prompts Maxxium regional shake-up

16 Jul 2007

Maxxium has realigned the regional reporting responsibilities for its board of directors.

SWEDEN: Carlsberg could diversify with V&S deal - analyst

10 Jul 2007

Carlsberg’s interest in Vin & Sprit should be seen as a way for the company to diversify out of beer and improve its “critical mass in drinks distribution,” according to a research note by Dresdner Kleinwort.

SWEDEN: Gallo ties up Swedish distribution deal

10 Jul 2007

E & J Gallo has appointed Spendrups Vin AB as its Swedish importer and distributor.

SWEDEN: Carlsberg shows interest in V&S

6 Jul 2007

Carlsberg has shown an interest in Vin & Sprit, the makers of Absolut vodka, after the Swedish government sanctioned the sale of the wine and spirits company.

SWEDEN: Government mulls Vin & Sprit break-up - report

4 Jul 2007

The Swedish government has not ruled out splitting up Vin & Sprit prior to a sell-off, according to local reports.

US: Constellation eyes further acquisitions

29 Jun 2007

Constellation Brands is looking at acquisition that will boost its premium spirits portfolio, though it has reiterated that it is not interested in buying Absolut owner V&S.

SWEDEN: Diageo confirms interest in V&S - Update

25 Jun 2007

Diageo has confirmed its interest in buying Vin & Sprit, the makers of Absolut vodka.

Just the Answer – Anna Laestadius, Absolut Vodka

19 Jun 2007

With interest surrounding the likely sale of Swedish spirits producer V&S Group growing by the day, there could be no better time to look at the company’s flagship vodka brand Absolut and the opportunities on offer in the premium vodka sector. This month’s Just the Answer is a two-part series, featuring an interview this week with Anna Laestadius, global brand director, Absolut Vodka, to be followed next week by Ian Jamieson of Stolichnaya.

Analysis - Potential bidders weigh up benefits of V&S move

13 Jun 2007

The Swedish spirits producer V&S Group is up for sale and, with the global premium vodka brand Absolut as its prime asset, has attracted much attention from major international players. Jeremy Cunnington of Euromonitor International weighs up the pros and cons of a move for V&S facing the likely bidders.

Spotlight - V&S attracted by premium opportunities in baijiu market

8 Jun 2007

V&S Group’s move into the local Chinese spirits market via a joint venture with Sichuan company JianNanChun offers the Swedish company access to the growing premium sector of a massive spirits industry. Sam Mulligan examines the opportunities and challenges presented by the huge baijiu market which is proving such a tempting proposition to international companies.

US: Fortune heads to Sweden in V&S race - report

4 Jun 2007

Fortune Brands appears to be upping its profile in the impending race to acquire Sweden’s Vin & Sprit.

CHINA: V&S enters China's baiju sector

30 May 2007

V&S Group has set up a joint venture in the Chinese domestic spirits market.

SCANDINAVIA: Maxxium to distribute Xanté and Heering

29 May 2007

Maxxium Nordic has taken over the distribution of Xanté pear & Cognac liqueur and Heering cherry liqueur in the region.

SWEDEN: Swedes keen on buying V&S stock - survey

11 May 2007

A survey in Sweden has found that the majority of people would be interested in buying shares in V&S Group.

US: Cruzan Rum adds ninth flavour

11 May 2007

Cruzan Rum has introduced a ninth flavour to its rum portfolio in the US.

GLOBAL: Maxxium breaks EUR2bn barrier for FY

10 May 2007

Maxxium Worldwide has broken through the EUR2bn (US$2.7bn) barrier for the first time in full-year turnover.

SWEDEN: Absolut revamps global advertising

27 Apr 2007

Vin & Sprit has lined up a fresh global advertising campaign for its Absolut vodka brand.

SWEDEN: V&S reports strong profit growth despite sales dip

27 Apr 2007

V&S Group has reported double digit growth in both operating profit and profit after tax in its first quarter, despite a fall in net sales, which were hit by exchange rate fluctuations

US: Belvédère, V&S complete Florida Distillers transaction

26 Apr 2007

Belvédère has completed its purchase of Florida Distillers Company from V&S Group.

FRANCE: Rémy Cointreau sees FY turnover rise - just

17 Apr 2007

Rémy Cointreau has posted a slight lift in full-year turnover.

SWEDEN: Government official quits in privatisation "row"

30 Mar 2007

Sweden’s Finance Ministry has confirmed that an official close to the planned privatisation of V&S Group has resigned.

NORWAY: V&S bolsters Nordic distribution business

30 Mar 2007

V&S Group is set to beef up its distribution network in the Nordic region with the acquisition of Norwegian wine and spirits distributor Amundsen.

SWEDEN: V&S names board chairman

22 Mar 2007

Absolut vodka owner V&S Group has appointed a new chairman.

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