Refresco acquires Norway soft-drinks manufacturer TKV to strengthen presence in the Nordics

From Yahoo Finance: 2025-06-02 07:21:00

Dutch drinks group Refresco has agreed to acquire Norway-based soft-drinks manufacturer Telemark Kildevann (TKV). The purchase strengthens Refresco’s presence in the Nordics, with TKV supplying branded customers and retailers in Norway and Sweden. The deal, awaiting regulatory approval, will integrate over 60 TKV employees into Refresco’s workforce of 14,000+.

Refresco CEO Hans Roelofs highlighted TKV’s loyal customer base and market position, enhancing Refresco’s ability to serve customers in Norway, Sweden, and beyond. This acquisition marks Refresco’s first of 2025, following previous acquisitions of Spanish plant-based beverage maker Frías Nutrición, a production site from Berentzen-Gruppe, and US-based VBC Bottling Company.

In May last year, Refresco opened its first European plant-based production line in Germany, entering the oat drinks market. Alongside acquiring TKV, Refresco also gained mineral-water brands Märkisch Kristall and Grüneberg Quelle through the deal for the Berentzen-Gruppe facility. This move further solidifies Refresco’s position in the beverage industry.



Read more at Yahoo Finance: Refresco to buy Norway soft-drinks group Telemark Kildevann