April 1, 2015 - Assignment

Arcus-Gruppen acquires Modern Fluids

Ratos’s subsidiary Arcus-Gruppen is acquiring Modern Fluids Oy, one of Finland’s leading wine importers through group company Vingruppen. After the acquisition, the group’s market share in Finland will significantly increase and amount to approximately 10 per cent.

Modern Fluids is one of Finland’s leading wine importers with several well-known wine producers in its portfolio, such as Fairview, McGuigan, Murviedro, Taittinger, Garcia Carrion and Chateau Tanunda. Modern Fluids has annual sales of approximately EUR 13.5 million.

Arcus-Gruppen is a leading supplier of wine and spirits in the Nordic region. The company’s best known brands within spirits include Aalborg Akvavit, Lysholm Linie Aquavit, Braastad Cognac, Gammel Dansk and Vikingfjord Vodka. Within wine, Arcus has both its own brands and agency operations. The number of employees totals approximately 450 and in 2014 Arcus-Gruppen’s sales amounted to circa NOK 2.3 billion. Arcus-Gruppen was acquired by the private equity conglomerate Ratos in 2005. Ratos shares are listed on Nasdaq Stockholm.

Arcus-Gruppen was advised by Mannheimer Swartling in the transaction. The firm’s team included Michael Karlsson, Gustav Engvall and Daniel Kolm.