Who owns Jolly Cola?
Jolly Cola is owned by Olvi (Finland, HEL: OLVAS).[1]
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 reported
- Owner HQ
- 🇫🇮 Finland, Iisalmi
- Origin
- 🇩🇰 Denmark
- Category
- Beverages › Soft drinks › Cola
- Parent ticker
- HEL: OLVAS
- Last verified
- · 1 sources
About Jolly Cola
Jolly Cola is a Nordic soft drink classic made by Bryggeriet Vestfyen, the Danish brewery in Assens, established in 1885, that Olvi wholly owns. Vestfyen's range covers beers, soft drinks and non-alcoholic beers, and Olvi's 2025 annual report says Jolly Cola multiplied its market share that year even as Vestfyen discontinued several unprofitable products.
Ownership timeline of Jolly Cola
Where Jolly Cola 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
- A. Le Coq (1807)
- Cēsu Alus (1590)
- KevytOlo
- Olvi (1878)
- Olvi Vichy
- Piebalgas Alus
- Sandels
- The Helsinki Distilling Company (2014)
Other brands in cola, and who owns them
The 23 brands in cola on Brandtree belong to 12 owners. The largest is Coca-Cola, with 5.
| Brand | Owner | Owner based in |
|---|---|---|
| Coca-Cola | Coca-Cola | 🇺🇸 United States |
| Coca-Cola Almaty Bottlers | Coca-Cola İçecek | 🇹🇷 Turkey |
| Diet Pepsi | PepsiCo | 🇺🇸 United States |
| BIG Cola | AJE | 🇵🇪 Peru |
| Hamoud Cola | Hamoud Boualem | 🇩🇿 Algeria |
| Kofola | Kofola | 🇨🇿 Czech Republic |
| Smart Cola | Obolon | 🇺🇦 Ukraine |
| Maxx Cola | PRAN-RFL | 🇧🇩 Bangladesh |
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.
🇩🇰 Jolly Cola and other Danish brands
Brandtree records a controlling owner for 106 brands that began in Denmark. 27 of them (25%) are now controlled by a company headquartered in another country, Jolly Cola among them.
Frequently asked questions
Who is the parent company of Jolly Cola?
The parent company of Jolly Cola is Olvi, a publicly listed company headquartered in Finland.
Is Jolly Cola Danish or Finnish?
Jolly Cola originated in Denmark, but it is owned today by Olvi, which is headquartered in Finland. So Jolly Cola is a Danish-origin brand under Finnish ownership.
Is Jolly Cola still owned by Olvi?
Yes. As of 16 September 2026, Jolly Cola is still owned by Olvi. 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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