Miles Teller is cashing in on a major business win off-screen.
The actor is part of a huge new deal involving his co-owned canned cocktail brand, The Finnish Long Drink, which has reportedly been acquired in a sale valued at around $325 million, per The Hollywood Reporter.
The ready-to-drink beverage company, which the Top Gun: Maverick star has helped promote and invest in over the years, is being purchased by Mark Anthony Group, the company behind popular brands like White Claw and Mike’s Hard Lemonade.
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The acquisition marks a significant expansion for the beverage giant, as The Finnish Long Drink will now join its growing range of drink choices.
Miles has been involved with the company since its early days, but did not disclose how much money he is actually taking home from the deal.
“I don’t really talk numbers,” he told the outlet. “I was always taught that’s not in good taste. All I’ll say is that I’m not retiring from acting anytime soon.”
He also talked about remaining involved in the future, noting that while it is a “sale” and acquisition, it’s also “an opportunity to continue to scale.”
“Mark Anthony Brands has proven itself and we feel very comfortable and confident with them,” Miles explained. “So much of this business is awareness of the product. We’ve done incredibly well in sales and still have a relatively low brand awareness. We’re in the single digits percentage-wise for that.”
“I see it more as a handshake and a partnership and the start of something. It’s not the end for us. It’s not like a car dealership, like here’s your car keys, see you later,” he added.
Check out photos of Miles from the premiere of upcoming Michael Jackson biopic Michael!
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