Ratos: Arcus-Gruppen makes strategic acquisition in Finland
(Thomson Reuters ONE) -
This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act or demands made in the exchange rules.
Ratos's subsidiary Arcus-Gruppen is expanding its presence in Finland through
group company Vingruppen's acquisition of 90% of the shares in Modern Fluids Oy,
one of Finland's leading wine importers. This acquisition will significantly
increase the group's market share in Finland which will amount to approximately
10%.
Modern Fluids is one of Finland's leading wine importers with several well-known
wine producers in its portfolio, such as Fairview, McGuigan, Murviedro,
Taittinger, Garcia Carrion and Chateau Tanunda. Modern Fluids has annual sales
of approximately EUR 13.5m.
"Our strategy is to grow in the Nordic region through both acquisitions and
organically. Arcus's wine operations have strong market positions in Sweden and
Norway and through Vingruppen's acquisition of Modern Fluids we will now be one
of the strongest wine importers in Finland as well. This creates a platform for
continued profitable growth," says Otto Drakenberg, CEO of Arcus-Gruppen.
Arcus-Gruppen was acquired in 2005 and is today a leading supplier of wine and
spirits in the Nordic region. The company's best known brands within spirits
include Aalborg Akvavit, Lysholm Linie Aquavit, Braastad Cognac, Gammel Dansk
and Vikingfjord Vodka. Within wine, Arcus has both its own brands and agency
operations. The number of employees totals approximately 450 and in 2014 Arcus-
Gruppen's sales amounted to NOK 2,339m and operating profit (EBITA) amounted to
NOK 225m.
"It is extremely positive that Arcus-Gruppen continues to grow in the Nordic
market through this strategic acquisition in Finland. Since the acquisition in
2005 we as owner have transformed Arcus-Gruppen from a Norwegian spirits
producer to one of the leading Nordic suppliers of both wine and spirits. Today,
the company has a strong market position and continued significant development
potential. The group has now strengthened its position in the growing wine
market," says Susanna Campbell, CEO of Ratos.
Arcus-Gruppen's subsidiary, Vingruppen i Norden AB, is acquiring 90% of the
shares in the Finnish company Modern Fluids Oy. Modern Fluids' CEO Katja
Angervo, will continue to be an owner with a 10% stake in the company.
For further information, please contact:
Mikael Norlander, Senior Investment Manager, Ratos, +46 8 700 17 00
Susanna Campbell, CEO, Ratos, +46 8 700 17 00
Elin Ljung, Head of Corporate Communications, Ratos, +46 8 700 17 20
Financial calendar from Ratos:
Annual General Meeting 2015 16 April 2015
Interim report January-March 2015 7 May 2015
Interim report January-June 2015 14 August 2015
Interim report January-September 2015 6 November 2015
Ratos is a private equity conglomerate. The company's mission is to maximise
shareholder value over time through the professional, active and responsible
exercise of its ownership role in primarily unlisted medium sized Nordic
companies. Ratos's holdings include AH Industries, Aibel, Arcus-Gruppen, Biolin
Scientific, Bisnode, DIAB, Euromaint, GS-Hydro, Hafa Bathroom Group, HENT, HL
Display, Inwido, Jøtul, KVD, Ledil, Mobile Climate Control, Nebula and Nordic
Cinema Group. Ratos is listed on Nasdaq Stockholm and market capitalisation
amounts to approximately SEK 21 billion.
Press release (PDF):
http://hugin.info/1180/R/1908088/679881.pdf
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other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ratos via GlobeNewswire
[HUG#1908088]
Unternehmensinformation / Kurzprofil:
Datum: 01.04.2015 - 08:45 Uhr
Sprache: Deutsch
News-ID 382722
Anzahl Zeichen: 4431
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