Olvi

Overview

• Industrybeverage industry¹
• HeadquartersIisalmi¹
• Websitewww.olvi.fi/en
• Legal formosakeyhtiö, julkinen osakeyhtiö¹
• LEI7437003NX7WWVRT6AJ55³
• StatusActive³
• LEI statusIssued and current³
• Registered addressPL 16, FI-74101 Iisalmi, Finland³
• Registered withFinnish Patent and Registration Office, 0170318-9³

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Olvi plc (Finnish: Olvi Oyj, Nasdaq Helsinki: OLVAS) is a Finnish brewery and soft drinks company founded in 1878 by the brewer Williams Gideon Åberg and his wife Onni. It currently holds 18.7% of Finland's market share in beverages, making it the third-largest producer of beer, cider and soft drinks in Finland and the largest Finnish-owned business in its sector. Among its subsidiaries, A. Le Coq is the second largest beverage company in Estonia and Volfas Engelman is the third largest beverage company in Lithuania. Olvi also has businesses in Latvia (Cēsu Alus) and Belarus (Lidskаe Pivа). In May 2021, Olvi bought a controlling stake in Denmark's fourth largest brewery A/S Bryggeriet Vestfyen. After the Russian invasion of Ukraine on March 5, 2022, Olvi announced that it was ceasing exports to Russia and leaving Belarus.²

Corporate structure

Olvi sits at the top of its group. 8 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Olvi reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

• Cēsu Alus 99.9%
• A. Le Coq
• Volfas Engelman

Things Wikidata records the company as owning, with the share when stated.¹

Products and brands

• beer
• cider
• energy drink
• juice
• soft drink
• water

Listed on Wikidata.¹

Subsidiaries and ownership

Owners

• Olvi Foundation 15%

Subsidiaries

• A. Le Coq
• Bryggeriet Vestfyen
• Cēsu Alus
• Lidskaje piva
• The Helsinki Distilling Company since 2018

Also owns

• Volfas Engelman

From Wikidata.¹

Acquisitions

1. 2018The Helsinki Distilling Company became a subsidiary¹

Timeline

1. Sep 3, 1997Renamed Name changed to Olvi plc¹
2. Sep 3, 1997Renamed Name changed to Olvi Oyj¹
3. 1878Founded Founded¹

Links

• Websitewww.olvi.fi¹
• Websitewww.olvi.fi/en¹
• Facebookwww.facebook.com/100064781284286¹
• Instagramwww.instagram.com/olvi_oyj¹
• LinkedInwww.linkedin.com/company/Olvi-plc¹
• WikipediaOlvi
• More imagesWikimedia Commons
• WikidataQ4045735