Olvi completes the acquisition of Banjalucka Pivara

The Competition Council of Bosnia and Herzegovina has approved the acquisition in which Olvi plc purchases all shares and votes in Banjalucka Pivara. The transaction was completed and the documents for registering the change of ownership were submitted to the local court today.  

On 15 September 2025, Olvi announced that it has signed an agreement to acquire Bosnia and Herzegovina’s largest brewery Banjalucka Pivara. The company is known for its strong brands and solid market position, with a strong and rapidly growing presence in Serbia as well. Banjalucka Pivara d.o.o was founded in 1873 and employs around 240 people.  

The parties received the clearance from the local authorities and finalized all closing practicalities. The documents for registering the change of ownership were submitted to the local court today, 5 January 2026. The transaction took legally and accounting wise effect as of 2 January 2026. 
 

Olvi plc 

Olvi is a Finnish beverage company established in 1878, producing one billion litres of beverages annually across various product categories, including beers, soft drinks, mineral and vitamin waters, long drinks, sports, wellness and energy drinks, ciders, and juices. Olvi operates in six different countries, with its headquarters in Iisalmi, Finland. In 2024, the company's net sales were EUR 656.9 million. Olvi Group employs over 2,500 beverage professionals who are dedicated to providing consumers with moments of enjoyment through high-quality and diverse products. www.olvigroup.fi