ANORA on Nasdaq Helsinki Ltd

Anora Group

Logo: Bear hill bros., Public domain, via Wikimedia Commons3

Multinational alcoholic beverage company

Anora Group Plc (Finnish: Anora Group Oyj) is a Nordic distilled beverage and wine company. It was formed in 2021 as a result of the merger of Norway's Arcus Group and Finland's Altia Group. Headquartered in Helsinki, Finland, Anora has offices in each of the Nordic capital cities.2 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2021Founded1

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  • TickerANORA on Nasdaq Helsinki Ltd1
  • Industrybeverage industry1
  • HeadquartersHelsinki1
  • Websiteanora.com
  • Legal formjulkinen osakeyhtiö1

Anora Group Plc (Finnish: Anora Group Oyj) is a Nordic distilled beverage and wine company. It was formed in 2021 as a result of the merger of Norway's Arcus Group and Finland's Altia Group. Headquartered in Helsinki, Finland, Anora has offices in each of the Nordic capital cities.2

Corporate structure

Anora Group sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

The intention to form Anora Group was announced on 29 September 2020. As regulators in Finland, Norway and Sweden reviewed the proposal, they decided several brands would have to be divested to avoid unfair market dominance by the new company. As such, Altia sold Skåne Akvavit, Hallands Fläder, Brøndum and Grönstedts. Arcus unloaded Akevitt Spesial, SPRT and Dworek. All seven brands were purchased by Sweden-based Galatea Spirits, traditionally a wholesaler and distributor throughout Scandinavia. The merger received government approval and was finalized on 1 September 2021.

Anora Group was initially listed for trading on both the Nasdaq Helsinki and Oslo Stock Exchange but by December 2021 it had already requested and received approval to be delisted in Oslo by the end of the year.

Anora's deeper history, through its predecessors Altia and Arcus, can be traced back to some of the oldest Nordic spirits brands through a long series of mergers and acquisitions:

Denmark

In 1846, Isidor Henius founded a distillery in Aalborg, but it was not the only one in the city. In 1872, Aalborg Privilegerede Spritfabrik became a company by uniting several small distilleries. De Danske Spritfabrikker was established by Carl Frederik Tietgen who turned it into a publicly traded company in 1881, which by 1923 owned all Danish distilleries. In the face of the temperance movement, the company was granted a government-sanctioned monopoly on all production which lasted until 1973. In 2008, Pernod Ricard bought the Danish company and its brands. Arcus bought them from Pernod in 2013. By 2015 production was moved to Norway.

Finland

In 1888, a yeast plant and distillery were established in Rajamäki. After Prohibition in Finland started in 1919, the state acquired it to produce medicinal alcohol as a public utility under the name Valtion Alkoholiliike. When prohibition was abolished in 1932, the state established Oy Alkoholiliike Ab to produce and sell legalized alcoholic beverages as a state-owned alcohol monopoly of both production and sales. The name was later changed to Alko. In 1999, production was spun off into Altia which was partially privatized, while Alko continues to this day as the sole retailer middleman in Finland for beverages with an ABV above 8%. In the 2000s, Altia acquired a number of brands of cognac and other distilled spirits in Denmark, Sweden, Latvia, Estonia and France.

Norway

In 1821, Jørgen Bernhoft Lysholm began distilling spirits at his Lysholm factory in Trondheim, including the popular Linie Akvavit. In 1855, competitor Løiten Distillery was established in Oslo. In 1919, Norway introduced prohibition on spirits. During prohibition, the government established Vinmonopolet (literally Wine Monopoly) as the sole producer, importer and retailer of alcohol. After prohibition on spirits was lifted, Vinmonopolet also got into production of spirits and revived the Linie and Løiten brands. In 1996, the government privatized production by creating the publicly traded Arcus Group after a judgement by EFTA. Vinmonopolet still handles retail. Since then, other historic brands have also been revived by Arcus.

Sweden

In 1891, O.P. Anderson & Son i Göteborg started to produce O.P. Anderson Aquavit based in Gothenburg. When Sweden introduced the Bratt System instead of total prohibition, it became part of state-owned Vin & Sprit in 1917. Skåne Akvavit was introduced in 1931. V&S was sold to Pernod Ricard in 2008. In 2010 both brands were acquired by Altia.

From Wikipedia’s article on Anora Group, shared under CC BY-SA 4.0.4

Products and brands

Anora Group produces scores of differently branded alcoholic beverages and in 2021 began producing flavored seltzers and non-alcoholic spirits. The company says its key brands are:

Blossa (glögg)

Chill Out (wine)

Falling Feather (wine)

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Koskenkorva (viina and vodka)

Larsen (cognac)

Linie Aquavit (akvavit)

O. P. Anderson (akvavit)

Ruby Zin (wine)

Skagerrak (gin)

Wongraven (wine)

From Wikipedia’s article on Anora Group, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

  1. Succeeded Altia1
  2. Succeeded Arcus1

Timeline

  1. 2021Went public Listed on Nasdaq Helsinki Ltd1
  2. 2021Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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