In
1993 Sonkari merged with Olvi. Olvi experimented
in the juice industry through Sonkari Oy, whose share capital was
transferred into Olvi’s possession during the 1980s. Sonkari’s name
was changed to Kesäpäivä, meaning 'summer day'. The juice industry
did not live up to expectation so it was given up a couple of years
later.
In
1996 Olvi acquired a 15 percent share in AS Tartu
Ölletehdas and in the following year the company was completely
transferred into Olvi's possession together with its subsidiary,
Saare Ölu.
In
1997 Olvi revolutionises beer sales by launching
the first original 6-pack in Finland for OLVI III medium strength
beer (at the time called OLVI Special).
Similar situation is attempted with the new beer brand Bisse, which contains less alcohol and so it is taxed less and therefore the price is also lower, however, the Finns did not enjoy the 'mild' beer.
In
1998, Olvi celebrated its 120th anniversary with
the launch of a new beer brand called Olvi CXX in Roman numerals to
honour the significant milestone. The launch is successful, by far
the most successful beer launch in Finland in the last 20 years.
The name Olvi CXX is altered to OXX at the beginning of year 2000.
The name remains until the end of 2003. Olvi acquires FIZZ cider
brand and surrenders possession of Chymos-juomat Oy. Olvi is listed
on the main list of the Stock Exchange (earlier in OTC list since
1987) and launches its "Don't take it seriously"-advertising
campaign. The campaign lasted until 2004, when it was superseded by
"the Finnish parlour game" campaign.
In April
1999 Olvi acquired a majority share in the Latvian
A/S Cesu Alus Company and in September a minority share in
Lithuanian AB Ragutis Company.
Olvi revolutionises the cider product group by launching the world’s
first light cider, FIZZ Light Perry. At the end of the year the
first 12-pack was launched in Finland without foreseeing that after
that the beer market would never be the same again. Initially the
products sold in 12-packs were model 3 x 4 bottles containing CXX
Millennium Edition and FIZZ Millennium Cider. Olvi subsequently
introduced model 2x6 bottle 12-packs which were yet another first
in the Finnish market.
In
2000, Olvi’s share of ownership in AB Ragutis
Company increases to just over 50 %. AB Ragutis becomes a
subsidiary of Olvi. 2000 was a year of investment for Olvi when the
Company’s gross investment totalled MEUR 23.1.
In
2002 Olvi become the only Finnish brewery to have
retained its independence since the 19th century. The company
responds pro-actively to changes in competition and its original
Finnish character is being slowly cultivated as a competitive
advantage. Olvi retains its domestic market position in its major
product groups, namely, beers, ciders and mineral waters.
Olvi Group’s position is also further strengthened in the Baltic
States. The company aligned itself with the prevalent retro trend
through the launch of a series of soft drinks called Honolulu and
Mombasa, which was augmented in 2003 with Rio Grande. The
design and layout of the soft drink labels were based on Olvi’s own
labels from the 1950s and 1960s. The products sold well at the
points of sale where they were available and made an excellent
return for the company. However, the novelty of their charm quickly
wore off and the series was discontinued in 2004.
2003 was Olvi’s jubilee year – the brewery
commemorated its 125 years with work and large-scale events,
including a visit fromPresident Tarja Halonen in January 2003.
| Olvi’s logo was also renewed. The barrel design in its
various forms has been Olvi’s logo since 1947.
It was originally created by designer Marko Salonen from PHS Advertising Agency. While the traditional barrel was retained, and its use increased, it was modernised and streamlined and made more Finnish. The logo became timelessly tasteful and classically striking without being boring. |
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