Refresco, a global independent beverage solutions provider, announced that it has completed the acquisition of Telemark Kildevann Holding AS (“TKV”), a leading Norwegian beverage manufacturer.

The transaction, which was previously announced on May 30, 2025, has now closed following customary regulatory approvals and completion conditions.

The acquisition marks another milestone for Refresco as it continues to expand its footprint. With facilities in Fyresdal and Aurskog, Norway, TKV is well-known for its production of soft drinks and high-quality spring and mineral waters, supplying both retail and branded customers in Norway and Sweden.

CEO Refresco, Hans Roelofs, commented: “We are pleased to welcome our new colleagues of Telemark Kildevann to Refresco. This acquisition is another step forward in our Buy & Build strategy and underlines our commitment to further complement our existing operations across Europe. We look forward to working with the team and continuing to deliver high-quality beverage solutions to customers.”

Following completion of the acquisition, TKV will now be fully integrated into Refresco’s operational platform.

Refresco, the global independent beverage solutions provider, announced it has entered into an agreement to acquire Telemark Kildevann Holding AS (“TKV”), a leading Norwegian beverage manufacturer. This transaction is subject to regulatory approval.

TKV is a family-owned manufacturer of soft drinks and bottled water, with two production facilities located in Fyresdal and Aurskog, Norway. The company maintains deep-rooted relationships with retailers and branded customers in Norway and Sweden, ensuring consistent, high-quality service and collaboration.

Refresco operates with 75 manufacturing facilities across Europe, North America, and Australia. With the acquisition of TKV, Refresco further strengthens its presence and operational capabilities to service customers across the Nordics, building on its existing footprint in Finland.

CEO Refresco, Hans Roelofs, commented: “The acquisition of TKV marks another milestone in the execution of our proven Buy & Build strategy, further reinforcing our presence in Europe. TKV’s loyal customer base, strong capabilities, and well-established market position enhances our ability to serve retailers and branded customers in Norway, Sweden and beyond. I look forward to welcoming over 60 employees to the Refresco team and further grow the business together.”