Arcus ASA: Altia and Arcus to join forces to form a leading wine and spirits brand house
The Boards of Directors of Altia Plc (“Altia”) and Arcus ASA (“Arcus”) today jointly announce that Altia and Arcus have entered into a combination agreement to form a leading Nordic wine and spirits brand house. The new combined company (the “Combined Company”) will be named Anora Group Plc (“Anora”).Anora will offer a unique portfolio of iconic local, regional, and global brands. The Combined Company’s preliminary aggregated annual revenue is EUR 640 million in 2019 and Anora employs approximately 1,100 professionals around the Nordics and Baltics. Anora will have a strong foothold in the