Who owns Piebalgas Alus?
Piebalgas Alus is owned by Olvi (Finland, HEL: OLVAS).[1]
Olvi owns 99.9% of Piebalgas Alus rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Key facts
- Current owner
- Olvi plc (99.9% stake) reported
- Owned since
- Not recorded
- Previous owner
- None recorded
- Owner HQ
- 🇫🇮 Finland, Iisalmi
- Origin
- 🇱🇻 Latvia
- Category
- Beverages › Beer › Ale
- Parent ticker
- HEL: OLVAS
- Last verified
- · 1 sources
About Piebalgas Alus
Piebalgas Alus is a Latvian microbrewery famous for its highly valued craft beers. It is wholly owned by Cēsu Alus, Latvia's oldest and largest brewery, in which Olvi holds 99.9 per cent, making Piebalgas the craft beer arm of Olvi's Latvian business within the group's Baltic Sea region segment.
Ownership timeline of Piebalgas Alus
Where Piebalgas 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 →
Other brands owned by Olvi in beverages
Latest news about Piebalgas Alus
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Frequently asked questions
Who is the parent company of Piebalgas Alus?
The parent company of Piebalgas Alus is Olvi, a publicly listed company headquartered in Finland.
Is Piebalgas Alus Latvian or Finnish?
Piebalgas Alus originated in Latvia, but it is owned today by Olvi, which is headquartered in Finland. So Piebalgas Alus is a Latvian-origin brand under Finnish ownership.
Is Piebalgas Alus still owned by Olvi?
Yes. As of 16 September 2026, Piebalgas 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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