Miles Teller’s Long Drink Brand Sold in $325 Million Deal

Miles Teller is part of a major business deal this week, as the canned cocktail brand he co-owns, The Finnish Long Drink, has been acquired by Mark Anthony Group. The company, known for White Claw and Mike’s Hard Lemonade, announced the purchase on April 13, 2026. The deal is reportedly worth $325 million.

Mark Anthony Group is using the acquisition to expand further into the spirits-based ready-to-drink market. Many of its current products are malt-based, so the move signals a broader strategy to compete in a growing segment of the beverage industry.

Teller has been connected to the brand since 2018, when he became a fan of the drink before later investing and taking on a co-ownership role. He is one of several celebrity investors, alongside professional golfers Rickie Fowler and Justin Thomas, and musician Kygo. Teller holds a minority stake, so while the overall deal is substantial, his personal earnings have not been disclosed.

The Finnish Long Drink has grown rapidly in recent years. In 2025, the company sold 3.3 million cases, making it the ninth-largest spirits-based ready-to-drink brand in the United States.

Despite speculation about a large payout, Teller made it clear he is not stepping away from acting. In comments to The Hollywood Reporter, he avoided discussing financial details but said he has no plans to retire. He described the agreement as more of an ongoing partnership than a complete exit and indicated he will remain involved as the brand expands internationally.

On the film side, Teller continues to take on new roles. He is set to appear in the upcoming Michael Jackson biopic, Michael, where he will play attorney John Branca. He has also been seen training in Los Angeles, which has led to speculation about future action projects.