tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Viva Wine Group Buys Majority Stake in Norwegian NoLo Beverage Player Alpha Brands

Story Highlights
  • Viva Wine Group will acquire 60% of Norway’s Alpha Brands, expanding into grocery NoLo beverages.
  • The deal should add notable 2026 sales and profits while strengthening Viva’s Norwegian and NoLo position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Viva Wine Group Buys Majority Stake in Norwegian NoLo Beverage Player Alpha Brands

Claim 50% Off TipRanks Premium

The latest update is out from Viva Wine Group AB ( (SE:VIVA) ).

Viva Wine Group AB, through its subsidiary Norwegian Beverage Group AS, has agreed to acquire a 60% stake in Norway’s Alpha Brands, an established importer of no- and low-alcohol beverages for the grocery retail sector, with an option to purchase the remaining 40% from management and current shareholders at a later date. The deal, valuing Alpha Brands at about NOK 55 million excluding any performance-based earn-out, is expected to close in the first quarter of 2026 and contribute roughly NOK 130–150 million in net sales and NOK 10–15 million in EBITA during 2026, bolstering Viva’s presence in the Norwegian market and significantly expanding its portfolio in the rapidly growing “NoLo” category, which management views as strategically important across its key markets.

The most recent analyst rating on (SE:VIVA) stock is a Hold with a SEK37.00 price target. To see the full list of analyst forecasts on Viva Wine Group AB stock, see the SE:VIVA Stock Forecast page.

More about Viva Wine Group AB

Viva Wine Group AB is a leading European wine group that develops, markets and sells a wide range of quality wines under its own and partner brands to monopoly markets, retailers, restaurants and consumers. Operating through numerous entrepreneurial subsidiaries and a decentralised business model, the Nasdaq Stockholm-listed company focuses on profitable growth by expanding its customer offering and pursuing strategic acquisitions across its core markets.

Average Trading Volume: 11,537

Technical Sentiment Signal: Sell

Current Market Cap: SEK3.07B

For detailed information about VIVA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1