Absolut was established in 1879 by Lars Olsson Smith. Smith challenged the city of Stockholm’s liquor marketing monopoly with his vodka. It was sold outside the city border at a lower price than the monopoly’s product. Smith offered free boat rides to the distillery and “Rent Brännvin” was highly successful.

In 1917, the Swedish government monopolized the country’s alcohol industry. Vodka was then sold nationwide under the name “Absolut Rent Brännvin”. In 1979, the old name Absolut was picked up when the upper-price range Absolut Vodka was introduced. Renat is the name of another vodka product sold by Pernod Ricard Sweden AB.

Absolut Vodka was introduced to the global market in 1979. Today, Absolut sells over 100 million litres of vodka annually (2018). The vodka is made from winter wheat and is produced now only in Åhus.