Olvi plc will become even stronger in Latvia through acquisition
Olvi plc Stock Exchange Release 8 MAR 2021 at 10:00 am Olvi plc will become even stronger in Latvia through acquisitionOlvi’s Latvian subsidiary AS Cesu Alus is a leading player in the Latvian beverage market. Cesu Alus is acquiring the entire stock of Piebalgas Alus, a widely known and appreciated microbrewery in the Vidzeme province of Latvia. The acquisition brings more strength to our product portfolio in premium craft beers and kvass in the retail and HoReCa markets. The Piebalga brewery was established in 1989. It is devoted to traditional manufacturing