Category: Business News
Merger between Altia Oyj (Altia) and Arcus ASA (Arcus) was notified to competition authorities in Finland, Norway and Sweden. The parties to the transaction are alcoholic beverage companies that mainly manufacture, import and distribute spirits and wines.
Altia is a Finnish company that is primarily active in the Nordic countries. Arcus is a Norwegian company group that operates in 30 different countries, although with main footprint in the Nordic countries and Germany. Competition authorities in all countries where the merger was subject to (mandatory) filing accepted the merger subject to divestiture commitments.
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Source: DLA Piper
Published: February 25, 2024