- Business
- Arctic Blue Beverages AB (publ) Arctic Blue Beverages AB (publ) produces and sells premium artisanal spirits and ready-to-drink beverages handcrafted in Finland from natural Arctic ingredients including wild bilberries, spruce needles, northern botanicals, and pure spring water; its core ARCTIC BLUE brand portfolio encompasses award-winning gins such as Arctic Blue Gin, Navy Strength, Rose, Cask Vintage 2023, and collaborations like Nightwish Gin, alongside liqueurs including Arctic Blue Laku liquorice liqueur and Oat liqueur, tonic originals, and the Long Drink range of flavored ready-to-drink mixes. The company, founded in 2017 and headquartered in Stockholm, Sweden, operates production through its contracted distillery Nordic Premium Beverages in Ilomantsi, North Karelia, Finland, and recently opened the Arctic Blue Showroom Distillery in Helsinki in December 2024 to support direct consumer engagement, tastings, and events. Arctic Blue Beverages markets its products to consumers and trade customers via distributors, an e-commerce webshop serving over a dozen European countries, and B2B channels; it targets premium craft spirits enthusiasts in Finland, Sweden, Canada, Japan, Australia, and select international markets, with a strategic emphasis on the fast-growing global gin segment and ready-to-drink category. In 2025, the company completed a fully subscribed rights issue of approximately SEK 26.2 million before costs to fund strengthened positioning in Finland and nearby markets, accelerated growth in new European markets, and preparation for U.S. market entry; its Finnish subsidiary Arctic Blue Beverages Oy signed a term sheet with former NHL star Teemu Selänne for a joint venture to launch and commercialize the Arctic Blue Long Drink portfolio in the United States; additionally, it entered the Long Drink category in 2024, launched Nightwish Gin in collaboration with the band Nightwish, and secured a SEK 5 million bridge loan ahead of the rights issue to cover working capital needs.