date:Jun 25, 2023
Coca-Cola HBC has reached an agreement to acquire Brown-Forman Finland Oy, owner of the Finlandia vodka brand, from Brown-Forman Corporations wholly-owned subsidiary, Brown-Forman Netherlands BV.
The agreed purchase price amounts to US$220 million and is subject to customary closing price adjustments. The acquisition is being made through Coca-Cola HBCs wholly-owned subsidiary, CC Beverages Holdings II BV. Completion of the proposed transaction is expected in the second half of 2023 and is subj