R&F acquires Nordic Beverage CompanyMay 9, 2023
R&F Travel Retail has acquired Nordic Beverage Company, a company operating primarily within the wine and spirits industry. The deal marks a big growth bet for R&F Travel Retail now looking to expand on the Swedish domestic market for beverages.
R&F Travel Retail has announced the acquisition of Nordic Beverage Company, a small company developing and distributing products within the wine and spirits segment for the Scandinavian market. The acquisition is completed, financial details of the transaction are not disclosed. R&F Travel Retail has been operating in the travel retail industry for over 40 years, offering a wide range of products to travellers across the Nordic region. The acquisition of Nordic Beverage Company will allow R&F Travel Retail to expand its portfolio of products in the wine and spirits category, and enhance its presence in the beverage industry in the Swedish domestic market.
“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”, says Monika Dagberg, General Manager at R&F Travel Retail.
Nordic Beverage Company has been in operation for four years, and has established itself as a fun and innovative player in the Nordic region. The company has a strong portfolio of brands, including exclusive distribution rights for a number of international brands.
“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”, says Charlotte Rankloo, CEO of Nordic Beverage Company.