Altia and Arcus to create the leading Nordic wine and spirits brand house.
At 29 September 2020, the Boards of Directors of Altia Plc and Arcus ASA jointly announced that Altia and Arcus have entered into a combination agreement to form the leading brand house for wine and spirits in the Nordics and Baltics.
Altia and Arcus are both successful companies on their own. Together, we will have a unique brand portfolio, more resources for developing new products, become more attractive to international partners and brand owners, and have more resources for selective investments and M&As outside the Nordic too.
With a preliminary aggregated annual revenue of EUR 640 million and 1.100 professionals around the Nordics and Baltics, the combined company will be well positioned to offer deep consumer insights and accelerated product innovation. We will be an attractive partner for brand owners, having local set-ups as well as a premier pan-Nordic route-to-market.
On this page you will find documents for the announcement and the upcoming extraordinary general meeting. If you have any questions, you can contact Communications and IR-responsible Per Bjørkum, at e-mail [email protected], or on mobile +4792255777.