Refresco, a global beverage solutions provider, has signed an agreement to acquire Telemark Kildevann Holding (TKV), a Norwegian beverage manufacturer.<\/p>\n
This strategic move is pending regulatory approval and is expected to enhance Refresco\u2019s operational capabilities in the Nordics.<\/p>\n
TKV, a family-owned business, specialises in the production of soft drinks and bottled water.<\/p>\n
With two production facilities in Fyresdal and Aurskog, Norway, the company says it has established strong relationships with retailers and branded customers in Norway and Sweden.<\/p>\n
Refresco, meanwhile, currently operates 75 manufacturing facilities across Europe, North America, and Australia. <\/p>\n
While the financial terms of the transaction have not been disclosed, the closing of the deal is anticipated to occur later this year.<\/p>\n
Refresco CEO Hans Roelofs said: \u201cThe acquisition of TKV marks another milestone in the execution of our proven Buy & Build strategy, further reinforcing our presence in Europe.<\/p>\n
\u201cTKV\u2019s loyal customer base, strong capabilities, and well-established market position enhances our ability to serve retailers and\u00a0branded customers in Norway, Sweden and beyond. I look forward to welcoming over 60 employees to the Refresco team and further grow the business together.\u201d<\/p>\n
Refresco\u2019s network supports \u2018Global, National, and Emerging\u2019 brands, offering a wide array of product and packaging combinations.<\/p>\n
Its portfolio ranges from carbonated soft drinks, juices, teas, and mineral waters to energy drinks, sports drinks, and plant-based beverages, available in carton, polyethylene terephthalate, can, and glass formats.<\/p>\n
The company is headquartered in Rotterdam, the Netherlands, and employs over 14,000 people worldwide.<\/p>\n
![\"Email](\"https:\/\/www.packaging-gateway.com\/wp-content\/themes\/goodlife-wp-B2B\/assets\/images\/newsletter-new.svg\")
\n <\/div>\n