V&S Group

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FINLAND: Altia eyes V&S Nordic business

21 Mar 2007

Finnish state-owned beverage alcohol group Altia Corporation today (21 March) confirmed that it is eyeing the Nordic operations of Absolut vodka owner V&S Group.

SWEDEN/UK: V&S eyes UK TV push for Absolut

19 Mar 2007

V&S Group is mulling whether to launch a television push behind flagship vodka Absolut in the UK.

SWEDEN: V&S admits defeat in Systembolaget row

14 Mar 2007

V&S has failed in its last legal attempt to overturn a decision from Swedish alcohol retail monopoly Systembolaget to de-list wines handled by the company.

US: Future Brands extends Rhode Island deal

14 Mar 2007

Future Brands has renewed its distribution agreement in Rhode Island.

US/SWEDEN: Constellation ends interest in Absolut

8 Mar 2007

Constellation Brands appears to have backed out of the race to buy Absolut vodka.

SWEDEN: Bacardi chief signals interest in V&S

5 Mar 2007

Bacardi has publicly registered its interest in buying V&S Group, the owner of Absolut vodka.

GLOBAL: Absolut set for travel retail exclusive

1 Mar 2007

V&S Group has launched the first travel retail exclusive for Absolut vodka.

Just the Answer – Adrian McKeon

27 Feb 2007

In this month's Just the Answer interview, managing director of Beam UK Adrian McKeon spoke with Olly Wehring about the future of the Maxxium partnership, Beam’s relationship with the notoriously hard-nosed UK supermarkets and possible future acquisitions.

SWEDEN: V&S plumps for plant closure

23 Feb 2007

V&S Group has decided to close its production site in the Swedish town of Sundsvall with the loss of some 80 jobs.

SWEDEN: Vin & Sprit chairman calls time

15 Feb 2007

The chairman of Vin & Sprit is to stand down.

SWEDEN: V&S bullish on future as speculation mounts

2 Feb 2007

V&S Group has insisted it can do more to drive profits and boost the value of the business. The comments came after V&S chief executive Bengt Baron said the Swedish state-owned company is not yet “at its peak”.

US: Bacardi launches pear-flavoured Grey Goose

2 Feb 2007

Bacardi has extended its range of flavoured Grey Goose vodkas with the launch of a pear variant in the US.

SWEDEN/US: V&S sells Florida Distillers to Belvédère

1 Feb 2007

V&S Group has sold its Florida Distillers business to French spirits group Belvédère for an undisclosed sum.

SWEDEN: Absolut sales, cost cuts boost V&S

31 Jan 2007

Rising earnings across its business have boosted annual profits at Sweden’s V&S Group.

SWEDEN: Supreme Court may intervene in Systembolaget row

29 Jan 2007

V&S Group is mulling whether to go to Sweden’s Supreme Court in a bid to overturn a decision from the country’s alcohol retail monopoly Systembolaget to de-list wines handled by the company.

SWEDEN/US: V&S launches Golden Gate appeal

29 Jan 2007

V&S Group has launched an appeal in Sweden to regain the trademark rights to Golden Gate wine, the company said today (29 January).

UK: New Rémy brand ambassador for Maxxium UK

25 Jan 2007

Maxxium UK has appointed a new brand ambassador for Rémy Martin Fine Champagne Cognac.

UK/FRANCE: Diageo, LVMH silent on split talk

18 Jan 2007

Diageo has remained tight-lipped on continued speculation that it may pull out of its joint venture with LVMH.

FRANCE: Rémy set fair for full-year growth

18 Jan 2007

Rémy Cointreau has posted its figures for the first nine months of its financial year.

US/SWEDEN: The Wine Group bullish over V&S spat

16 Jan 2007

The Wine Group has insisted it is “extremely confident” that an appeal from V&S Group over the rights to the Golden Gate wine brand will fail.

NORWAY: Wine, spirits firm Arcus mulls V&S bid

11 Jan 2007

Norwegian wine and spirits group Arcus is mulling a takeover bid for Sweden’s V&S Group, just-drinks can reveal.

SWEDEN/US: V&S to fight California wine ruling

11 Jan 2007

V&S Group has vowed to appeal against a ruling from a Swedish court that said the company had infringed the trademark rights for Californian wine brand Golden Gate.

SWEDEN: Government confirms plan to sell V&S

14 Dec 2006

The Swedish government has confirmed that it is planning to sell off V&S Group, the owner of Absolut vodka. The centre-right government, which came to power in September, officially announced today (14 December) that V&S would be among the six state-controlled companies it would look to privatise.

FRANCE: Rémy chief plays down takeover talk

13 Dec 2006

The chairman of Rémy Cointreau has insisted the French Champagne and spirits group is “not a takeover target”.

SWEDEN: V&S mulls site closure

13 Dec 2006

V&S Group looks ready to close a production site in Sweden as it looks to cut costs throughout its business in the Nordic region.

FRANCE: Rémy reveals cost of Maxxium exit

12 Dec 2006

Rémy Cointreau’s departure from Maxxium will cost the French drinks group around EUR240m (US$318m), the company said today (12 December).

US: Management changes at Castle Brands

7 Dec 2006

Castle Brands has appointed a chief commercial and marketing officer, as well as a new CFO.

UK: Foster’s teams up with V&S in Nordics

1 Dec 2006

Foster’s has secured an alliance in the Nordic region for its entire wine portfolio.

FRANCE: Rémy Cointreau to leave Maxxium

23 Nov 2006

French spirits and Champagne group Rémy Cointreau is quitting the Maxxium distribution network.

ANALYSIS: Rémy Cointreau's Maxxium departure

23 Nov 2006

The announcement that Rémy Cointreau has today (23 November) served notice on its position in global distribution network Maxxium Worldwide is a little puzzling. If we take the announcement at face value, that is.

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