Peter Lagerblad said V&S would “actively take part in industry consolidation as opportunities come along”. In addition, Lagerblad said the company also intends to exercise its option to increase its stake, currently 10%, in Jim Beam Brands.
SWEDEN: Vin & Sprit on the acquisition trail
The chief executive of the Swedish state-owned spirits company, Vin & Sprit AB, has said the company is looking for acquisitions and aims to become one of the world's top five spirits companies within the next five years.