Who owns Cēsu Alus?
Cēsu Alus is owned by Olvi (Finland, HEL: OLVAS).[1]
Olvi owns 99.9% of Cēsu Alus rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Olvi Group Annual Report 2025, Olvi plc. Last checked .
Key facts
- Current owner
- Olvi plc (99.9% stake) reported
- Owner HQ
- 🇫🇮 Finland, Iisalmi
- Origin
- 🇱🇻 Latvia, Cēsis
- Founded
- 1590
- Category
- Beverages › Beer › Lager
- Parent ticker
- HEL: OLVAS
- Last verified
- · 1 sources
About Cēsu Alus
Cēsu Alus is Latvia's oldest and largest brewery and leader in its beer market, founded in 1590 and based in Cēsis; Olvi holds 99.9 per cent. Besides beer it is known for ciders, mixed drinks and waters, and it owns the Piebalgas Alus craft microbrewery. In 2025 it won the Green Excellence in the Food Industry award from Latvia's State Environmental Service.
Ownership timeline of Cēsu Alus
Where Cēsu Alus sits in Olvi
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Olvi ownership tree →
See the full Olvi brand portfolio (10) →
Other brands owned by Olvi
Olvi controls 10 brands on Brandtree, 9 of them in beverages.
Also in beverages
Other brands in lager, and who owns them
The 200 brands in lager on Brandtree belong to 55 owners. The largest is AB InBev, with 17; Olvi has 4.
About the owner: Olvi
Olvi is a publicly listed company headquartered in Iisalmi, Finland, founded in 1878. Brandtree records 10 brands under its control, and it is listed as HEL: OLVAS.
Olvi is a Finnish beverage company founded in Iisalmi in 1878, still headquartered there and quoted on Nasdaq Helsinki. It produces about one billion litres a year of beer, water, cider, long drinks, soft drinks, juice and energy drinks, with subsidiaries in Estonia, Latvia, Lithuania, Denmark and Belarus. Net sales were EUR 665.3 million in 2025, and the Olvi Foundation held 52.67 per cent of the votes. It also makes and distributes international brands under partnerships, which it does not own.
🇱🇻 Cēsu Alus and other Latvian brands
Brandtree records a controlling owner for 22 brands that began in Latvia. 11 of them (50%) are now controlled by a company headquartered in another country, Cēsu Alus among them.
- Cido — Royal Unibrew 🇩🇰
- Cosmopolitan Diva — Amber Beverage Group 🇱🇺
- Dzintars — Rīgas Piena Kombināts 🇱🇻
- Jelgavas Cukurs — Nordzucker 🇩🇪
- Kekava Foods — Akola Group 🇱🇹
- LMT (Latvia) — Telia 🇸🇪
Frequently asked questions
Who is the parent company of Cēsu Alus?
The parent company of Cēsu Alus is Olvi, a publicly listed company headquartered in Finland.
Is Cēsu Alus Latvian or Finnish?
Cēsu Alus originated in Latvia in 1590, but it is owned today by Olvi, which is headquartered in Finland. So Cēsu Alus is a Latvian-origin brand under Finnish ownership.
Is Cēsu Alus still owned by Olvi?
Yes. As of 16 September 2026, Cēsu Alus is still owned by Olvi (99.9% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Olvi Group Annual Report 2025 — Olvi plc, Annual report; retrieved 16 September 2026.
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