Dolphin Group, together with the Fritt Ord Foundation, acquired a 45% stake in Telemark Kildevann.
The investment in Telemark Kildevann represented an opportunity to support growth in the Norwegian and Nordic beverage industry. The company operated a production facility and held rights to natural mineral water from a water source in Fyresdal, Telemark. In 2015, the company invested in new and modern production and warehouse facilities in Aurskog-Høland Municipality.
The company became a preferred supplier of beverages under its own brands to Scandinavian grocery retailers. Dolphin’s stake was sold as part of Refresco’s acquisition of the entire company in 2025.
