The Local Sweden

There's one key ingredient missing from your Absolut this year

Mon, 11 Feb 2019 08:58:14 +0100

Swedish vodka brand Absolut is produced using only ingredients from southern Sweden. But this year, there is one problem.

Swedish Purity in Absolut Vodka brand battle

Thu, 09 Jan 2014 14:17:00 +0100

Swedish upstart distillery Purity Vodka has taken beverage giant Absolut to court, in an attempt to straighten out a branding and marketing dispute.

Swedish vodka maker hits Absolut record

Thu, 01 Sep 2011 19:28:00 +0200

Absolut Vodka smashed previous production records during the past fiscal year, shipping out 99 million litres of the popular distilled spirit from its factory in southern Sweden, the company reported on Thursday.

Pernod Ricard to sell Vin & Sprit

Tue, 08 Sep 2009 11:57:00 +0200

French alcohol group Pernod Ricard, which last year purchased the Vin & Sprit (V&S) group from the Swedish state for 55 billion Swedish kronor ($8.88 billion), has announced it intends to keep Absolut Vodka but will sell off the rest of the Swedish drinks group.

Swedish vodka firm sues UK radio station

Wed, 19 Aug 2009 14:23:00 +0200

The owners of Swedish vodka brand Absolut are pursuing legal proceedings against the UK-based Absolute Radio - formerly Virgin Radio - for alleged trademark infringement.

V&S's Beam stake bought by Fortune Brands

Fri, 25 Jul 2008 16:23:00 +0200

US spirits group Fortune Brands has bought Vin & Sprit 's 10 percent stake in Fortune's beverage unit, Beam Global Spirits & Wine, for 2.8 billion Swedish crowns ($464 million), the Swedish government said on Friday.

EU delays sale of Absolut

Fri, 27 Jun 2008 19:24:00 +0200

Pernod Ricard has proposed making concessions to the European Commission to avoid competition problems in its acquisition of Sweden's Vin & Sprit, the maker of Absolut Vodka, the Commission said, without giving further details.

Fortune sues Vin & Sprit over Beam shares

Wed, 14 May 2008 14:44:00 +0200

A lawsuit filed by Fortune Brands against Vin & Sprit may delay the sale of the Swedish drinks group to France’s Pernod Richard, writes the Svenska Dagbladet newspaper.

A tempest in a shot glass

Wed, 23 Apr 2008 13:51:00 +0200

With the Absolut Vodka controversy already just a memory, David Bartal gets tongue-tied in LA as his return to Sweden draws ever closer.

Absolut retreat puts California back in US hands

Fri, 11 Apr 2008 17:56:00 +0200

Amid a stampede of criticism, the makers of Absolut Vodka have pulled a controversial advertisement depicting large swathes of the United States as Mexican territory.

Sweden's welfare state 'alive and kicking'

Sun, 06 Apr 2008 17:31:00 +0200

A wave of liberal reforms has swept across Sweden since the centre-right government came to power in 2006, notably with the sale last week of the state's crown jewel Absolut vodka, but the welfare state is still alive and kicking, analysts insist.

Mexico reclaims California in Absolut Vodka advert

Sun, 06 Apr 2008 00:43:00 +0200

A print and billboard campaign by Absolut Vodka in Mexico has caused tempers to flare in the United States.

Vin & Sprit sale boosts government privatizations

Wed, 02 Apr 2008 12:21:00 +0200

Sweden's hugely successful sale of its crown jewel Absolut vodka has given the centre-right government's ambitious privatization programme a shot in the arm, but shaky financial markets could thwart the remaining sales.

Sweden reacts to sale of Vin & Sprit

Mon, 31 Mar 2008 16:47:00 +0200

Reaction from Sweden’s press and political establishment ranged from shock to scathing criticism following Monday’s announcement by the government that France’s Pernod Ricard would take over ownership of Vin & Sprit, Sweden’s state-owned maker of Absolut vodka.

Pernod wins auction for Vin & Sprit

Mon, 31 Mar 2008 09:43:00 +0200

The Swedish government said on Monday that it had sold the Vin & Sprit group (V&S) which owns Absolut vodka to the giant drinks group Pernod Ricard of France for €5.626 billion ($8.88 billion).

Absolut maker brings in money for state

Wed, 31 Oct 2007 16:32:00 +0100

The maker of Absolut Vodka, Vin & Sprit, has reported a sharp rise in profits for the third quarter.

Investor: Absolut owner 'is attractive'

Thu, 11 Oct 2007 20:58:00 +0200

The Wallenberg family's investment company Investor has expressed an interest in buying the state-owned maker of Absolut Vodka, Vin & Sprit.

Pernod considers Absolut bid

Thu, 20 Sep 2007 15:03:00 +0200

Pernod Ricard chairman Pierre Ricard said a decision to bid for Absolut vodka parent company V&S will depend on whether or not Pernod has concluded a deal with Russia's Stolichnaya before the Swedish sale process begins.

State cashes in on Absolut Vodka

Wed, 31 Jan 2007 13:59:00 +0100

Sweden's state-owned producer of alcoholic drinks, V&S Group, saw increased sales and continued profit during 2006.

US giant eyes Absolut

Fri, 10 Nov 2006 18:25:00 +0100

With Sweden's centre-right government talking of selling out state-owned companies, American drinks producer Constellation Brands is casting interested glances at Vin & Sprit.