V&S Vin & Sprit to be sold at auction

Author: Per Karlsson
January 18, 2008

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Author: Per Karlsson
January 18, 2008

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Article filed in: News » V&S Vin & Sprit to be sold at auction

The Swedish finance ministry has confirmed that V&S Vin & Sprit will be sold. V&S is one of the world’s biggest spirits companies, owning the Absolut Vodka brand, and is currently a state owned company. It has also been confirmed that it will be sold to the bidder offering the best price and the best overall conditions for the deal. The transaction is expected to be finalized in 2008. Expected bidders are e.g. Pernod Ricard, Fortune Brands, Bacardi, Diageo as well as venture capital funds.

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Author:

Per Karlsson

Swedish. Per is co-founder together with his wife Britt of BKWine. Rumour has it that his interest in wine started already when he was 11. Just like Britt he visits some 200 wineries each year on wine tours and for journalistic research. He writes about wine primarily online on BKWine Magazine and in the BKWine Brief. Per is also a professional photographer, specialising in wine and travel photography. See BKWine Photography for more on this. Since a few years back he has also branched out into video production on the same subject. He has contributed all images, and some text, to BKWine’s wine books.

Author:

Per Karlsson