Altia and Brown-Forman to prolong production agreement of Finlandia Vodka
Altia and Brown-Forman have prolonged their agreement on production services until 2035. The agreement covers the production of Finlandia Vodka globally continuing a long-lasting strategic collaboration between Altia and Brown-Forman, which began already in 2000.
Altia and Brown-Forman have agreed on continuing the production of Finlandia Vodka until 2035, prolonging the production agreement which would expire in 2025. This agreement is a continuation of the committed cooperation between the companies. The agreement covers the production of grain spirit for Finlandia Vodka at Altia’s distillery and the production, packaging and logistics of Finlandia Vodka consumer products at Altia’s Rajamäki beverage plant, both based in Finland.
“We are very satisfied with Altia as our close partner and producer of Finlandia Vodka. With sustainability growing in importance it is crucial to have a partner with a strong emphasis on environmental issues. Altia is a forerunner in sustainability and it’s distillery producing grain spirit for Finlandia Vodka is based entirely on circular economy, with a 99.9% waste recycling rate and its own bio-power plant. This is truly unique even globally,” says Alex Alvarez, SVP, Chief Production and Sustainability Officer from Brown-Forman.
“We are thrilled to prolong our long-term strategic relationship with Brown-Forman. By leveraging each other’s competencies and experience, we can continuously improve our supply chain processes and excel in the service, quality and efficiency targets set together. We also want to ensure the most sustainable service available, aiming at carbon neutral production by 2025”, says Hannu Tuominen, SVP, Altia Industrial.
Altia acts as the distributor for Brown-Forman products in the Nordics. Altia sold the Finlandia Vodka brand to Brown-Forman in 2000. This year Finlandia Vodka celebrates it's 50th anniversary.
Altia, SVP Altia Industrial, Hannu Tuominen +358 40 060 5299.
Brown-Forman, Elizabeth Conway, Brown-Forman Corporation, Director, External Communications +1-502-774-7737
Altia is a leading Nordic alcoholic beverage brand company operating in the wines and spirits markets in the Nordic and Baltic countries. Altia wants to support a development of a modern, responsible Nordic drinking culture. Altia’s flagship brands are Koskenkorva, O.P. Anderson and Larsen. Other iconic Nordic brands are Chill Out, Blossa, Xanté, Jaloviina, Leijona, Explorer and Grönstedts. Altia’s net sales in 2019 were EUR 359.6 million and the company employs about 650 professionals. Altia’s shares are listed on Nasdaq Helsinki. www.altiagroup.com.
For 150 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including the Jack Daniel’s Family of Brands, Finlandia, Korbel, el Jimador, Woodford Reserve, Old Forester, Coopers’ Craft, Herradura, New Mix, Sonoma-Cutrer, Chambord, BenRiach, GlenDronach, Slane, and Fords Gin. Brown-Forman’s brands are supported by approximately 4,800 employees and sold in more than 170 countries worldwide. For more information about the company, please visit www.brown-forman.com