Vin & Sprit, the Swedish drinks company, has acquired a 50% stake in the
Norwegian importer Amundsen AS, through a joint venture that will see the Norwegian
operation market and distribute all V&S products in the country.
SWEDEN: V&S enters Norwegian market with JV
Vin & Sprit, the Swedish drinks company, has acquired a 50% stake in the Norwegian importer Amundsen AS, through a joint venture that will see the Norwegian operation market and distribute all V&S products in the country. The Norwegian company, which will keep its name, already handles V&S's Danish portfolio, Danish Distillers. The deal will see Amundsen's turnover almost double and a number of new staff will be recruited to handle the increased size of the business.
October 30, 2001