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Finnish Vodka With Village Roots to Propel Altia’s U.S. Dreams

  • Altia seeks U.S. growth through Koskenkorva craft vodka
  • Company’s IPO as soon as March to help fund expansion plans
The Koskenkorva distillery in Finland. 

The Koskenkorva distillery in Finland. 

Source: Altia

Updated on

Finnish distiller Altia Oyj is betting on a little known handcrafted spirit with an unpronounceable name as it seeks to gain a share of the booming U.S. vodka market.

Altia is banking on Koskenkorva -- loosely translated as the edge of the rapids -- to win the battle in American bars against global giants including Diageo Plc’s Smirnoff and Pernod Ricard SA’s Absolut. It’s now gearing up to finance that expansion via an initial public offering.