Miles Teller Sells Stake in Finnish Long Drink for $325 Million
Actor Miles Teller has sold his stake in The Finnish Long Drink as part of a $325 million acquisition by the Mark Anthony Group of Companies. Teller discussed his involvement in building the brand and noted he is not retiring from acting. The sale follows the brand's growth to become the sixth-largest spirit-based ready-to-drink product in the U.S. in 2025.
tvinsider.comThe Finnish Long Drink has been acquired by the Mark Anthony Group of Companies, which produces White Claw, for $325 million, according to The Hollywood Reporter. He stated that he would not disclose specific financial details from the deal.
Brand Background and Growth
The Finnish Long Drink is a ready-to-drink beverage made with gin and grapefruit soda, originating from Finland.
Teller became involved after discovering the product at a tasting event in New York hosted by co-founders Ere Partanen and Sakari Manninen. S. Teller contributed to the brand's expansion by participating in promotional activities, including events at college campuses, golf tournaments, and ad campaigns.
The brand has more than tripled in size since 2022.
Comparison to Other
Celebrity Ventures The Hollywood Reporter noted that many celebrity-backed alcohol brands, such as whiskey associated with Drake, tequila with Justin Timberlake, and vodka with Channing Tatum, have not sustained long-term success.
Teller described his approach as more hands-on compared to partnerships initiated by talent agencies. He stated that he initiated the partnership independently after trying the product. Teller also mentioned he will not retire from acting following the sale.
Future Plans
Teller has a supporting role in the film 'Michael,' scheduled for release on April 24, 2026.
He indicated no plans to promote on social media platforms like Instagram.
Story Timeline
5 events- April 17, 2026
The Hollywood Reporter published an interview with Miles Teller discussing the sale of The Finnish Long Drink.
1 sourceThe Hollywood Reporter - Earlier this week
The Finnish Long Drink was sold to the Mark Anthony Group of Companies for $325 million.
1 sourceThe Hollywood Reporter - 2025
The brand achieved sales of 3.3 million 9-liter case equivalents, ranking sixth in U.S. spirit-based ready-to-drinks.
1 sourceThe Hollywood Reporter - Since 2022
The brand more than tripled in size under expanded marketing efforts.
1 sourceThe Hollywood Reporter - 2019
Miles Teller acquired a minority stake in The Long Drink Company after discovering the product.
1 sourceThe Hollywood Reporter
Potential Impact
- 01
The acquisition may expand distribution of The Finnish Long Drink through Mark Anthony Group's networks.
- 02
The ready-to-drink alcohol market might see increased competition from integrated brands like White Claw.
- 03
Other celebrities could adopt more hands-on approaches in brand investments following this success.
- 04
Failed celebrity alcohol brands may face further market exits as consumer preferences shift.
- 05
Teller's acting career could benefit from positive publicity around the business deal.
Transparency Panel
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