09 September 2025
09 September 2025
The Portuguese group’s CEO tells Just Drinks the acquisition of the Diageo brand gives the company “a new level of scale and relevance”.
The study was one of two reports intended to inform the new Dietary Guidelines for Americans for 2025-2030.
Included in the exemptions are tea and coffee products, plus fruits including and spices such as cinnamon.
The business confirmed to Just Drinks that the move marked its entry into La Rioja region.
Patrik Lundell, CEO of Olvi Group, said: “This acquisition is the second step in executing our multi-local strategy, where we are seeking inorganic growth in Europe through both domestic add-on acquisitions and expansion into new markets.”
The disposal of the coffee-cream liqueur is the second time in just over 12 months that Casa Redondo has snapped up a Diageo brand.
“Welcoming Le Philtre Vodka into our portfolio is part of a broader strategic commitment to diversification,” Spiribam CEO Grégoire Gueden said.
Doug Ford has hit out at Diageo over the planned closure of its bottling site in Amherstburg.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
