Ketel One Owner Takes Largest Share in Lucas Bols

The Nolet Group, Ketel One co-owner, has made a play outside of the vodka category. News reports from Holland say the group has substantially increased its stake in Lucas Bols from about 3.5% to nearly 21%, making them Lucas Bols' largest shareholder. The shares were bought from investor AAC Capital.Nolet sees this as an important investment for the long-term, but the the group stressed on Friday this does not mean there will be a bid for the remaining shares.Lucas Bols