SWEDEN. Stena Line affiliate company R&F Travel Retail has acquired Nordic Beverage Company, a regional player in the wine and spirits industry. The financial details of the transaction have not been disclosed.
The travel retailer and distributor – which operates stores in locations including Cologne Bonn Airport – described the deal as “a big growth bet” and said it will drive expansion into the Swedish domestic beverage market.
Nordic Beverage Company was established four years ago and currently distributes own brands including flavoured gluten-free shot drinks Polka the Pig and Lucyfur, and Nomie Gin (in Orange & Ginger and Rosehip & Mint flavours). It also holds exclusive distribution rights for a number of international brands.
R&F Travel Retail General Manager Monika Dagberg said: “We are excited to welcome Nordic Beverage Company to the R&F Travel Retail family. This acquisition will allow us to provide our customers with a wider range of premium beverages, while also strengthening our position in the Swedish domestic market.
“Nordic Beverage Company is a modern, innovative company with a focus on eco-friendly products which goes very well with our values.”
Nordic Beverage Company CEO Charlotte Rankloo commented: “We are thrilled to be joining forces with R&F Travel Retail. Their extensive reach in the travel retail industry, combined with our expertise in the domestic market for beverages in Sweden, will allow us to provide customers with a wider product offering and an in-depth knowledge of the Swedish domestic market.”