🇱🇻 Foreign ownership of Latvian brands
47.1% of the 17 Latvian brands with a controlling owner (8) are owned by a company headquartered outside Latvia, most often in Luxembourg, Denmark and Finland. That ranks 4 of 94 countries analysed.
Which countries own them
| Owner headquartered in | Brands | Share of foreign-owned | Bar |
|---|---|---|---|
| 🇱🇺 Luxembourg | 3 | 37.5% | |
| 🇩🇰 Denmark | 2 | 25% | |
| 🇫🇮 Finland | 2 | 25% | |
| 🇩🇪 Germany | 1 | 12.5% |
Largest foreign owners
| Owner | Headquarters | Latvian brands owned |
|---|---|---|
| Amber Beverage Group | 🇱🇺 Luxembourg | 3 |
| Olvi | 🇫🇮 Finland | 2 |
| Nordzucker | 🇩🇪 Germany | 1 |
| Royal Unibrew | 🇩🇰 Denmark | 1 |
| Salling Group | 🇩🇰 Denmark | 1 |
Where foreign ownership is highest
Top-level categories with at least 5 Latvian brands that have a controlling owner.
Examples
- Cido owned by Royal Unibrew
- Cosmopolitan Diva owned by Amber Beverage Group
- Cross Keys Gin owned by Amber Beverage Group
- Cēsu Alus owned by Olvi
- Jelgavas Cukurs owned by Nordzucker
- Piebalgas Alus owned by Olvi
- Riga Black Balsam owned by Amber Beverage Group
- Rimi owned by Salling Group
How this is computed
Of 17 Latvian brands recorded, 17 have a current controlling owner (outright or a stake of 50% or more, followed up to the ultimate parent). The other 0 are licensed, part-owned or lack a current owner and are left out. A brand is foreign-owned when that ultimate parent is headquartered in a different country from the brand's origin. Data as of . Method and ranking for all countries.
Coverage caveat. The brands tracked skew towards those held by large filing companies, so this overstates foreign ownership relative to every brand in the country; with this few brands, one acquisition moves the share noticeably. See also the Latvia country page.