Ringnes

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Ringnes is the largest brewer in Norway. It was founded in 1876 by brothers Amund and Ellef Ringnes (Amund was the brewer, Ellef the administrator and salesman) and financial director Axel Heiberg. The company's brewery in the Grünerløkka district of Oslo produced its first beer in 1877.

The company sponsored the polar expeditions of Fridtjof Nansen and Otto Sverdrup. During his exploration of the high Canadian Arctic in 1900, Sverdrup named three large islands after his sponsors (Axel Heiberg Island, Amund Ringnes Island, and Ellef Ringnes Island). Also Ostrov Ringnes, Остров Рингнес, a Russian island of the Mona group in the Kara Sea, has been named after this Norwegian brewery.

Ringnes remained a family-owned business until 1978, when it merged with De sammensluttede Bryggerier A/S (which had been formed by the union of drinks companies Frydenlund and Schous) forming Nora Industrier. Nora in turn merged with Orkla Group in 1991. Orkla placed Ringnes into a combined business unit, together with Swedish brewer Pripps. In 2000 Orkla made a deal with Danish drinks giant Carlsberg whereby Pripps Ringnes became a part of Carlsberg, in exchange for Orkla owning 40% of Carlsberg. When, in 2004, Carlsberg bought out Orkla's shares, Ringnes was for the first time entirely owned by a foreign company. Christian Ringnes, a descendant of the founder told daily business newspaper Dagens Næringsliv that "a country without a leading beer brand is like a man without potency" [1], and called the sale a national catastrophe[2].

Ringnes is the sole bottler and distributor of PepsiCo beverages in Norway.

Contents

[edit] Ringnes products

[edit] References

[edit] General references

[edit] Specific references

  1. ^ "Orkla bosses can gain on Ringnes sale", Aftenposten,26 February 2004, URL retrieved 19 June 2006
  2. ^ "Ringnes: Carlsberg buyout a national catastrophe" Copenhagen Post, 20 February 2004, URL retrieved 18 June 2006