The Norwegian government is to sell the state’s 34% stake in Arcus-Gruppen, the wines and spirits importer, producer and distributor to Sucra, making Sucra the outright owner of the company.
Arcus-Gruppen is Norway’s largest wines and spirits business, employing around 500 people.
The deal was made for NOK210 (£17.85m)
Sucra is part owned by Berentzen-Gruppe AG.
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