Campari, the Italy-based spirits group, has announced that it has entered into exclusive negotiations with Compagnie Financiere Chevrillon and a group of minority shareholders to acquire the French company Rhumantilles, owner of 96.5% of the Martinique-based rum maker Bellonnie & Bourdillon Successeurs. Campari described Bellonnie & Bourdillon Successeurs as “an iconic ‘Rhum Agricole’ producer with secular know-how rooted in craftsmanship and French Caribbean tradition”. The firm owns Trois Rivieres and …
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Campari
Campari, the Italian spirits group, has announced that it is to buy brandy firm Bisquit Dubouche from its South African counterpart Distell. Established in 1819, Bisquit Dubouche offers a classic range of cognacs – namely Bisquit VS Classique, Bisquit VSOP, Bisquit Prestige and Bisquit XO, together with “rare collections” and limited editions, that are claimed to be “characterized by craft and unique features”. The Bisquit Cognac brand is expected to achieve pro-forma net sales of around €9 million ($10.7 million) in the …
Campari, the Italian wine and spirits producer, has announced its intention to sell its soft drinks business Lemonsoda to Danish brewing and beverage company Unibrew for €80 million ($94 million). According to a Campari statement, the decision to sell its non-alcoholic drink brands Lemonsoda, Oransoda, Pelmosoda and Mojito Soda, sold under the Freedea banner, as well as the Crodo brands (with the exception of Crodino), is part of the firm’s …
Campari, the Italian wine and spirits firm, has announced that it has reached an agreement to sell the Carolans and Irish Mist liqueur brands to Heaven Hill Brands, America’s largest independent family-owned and operated distilled-spirits company, for $165 million. According to Campari, the sale of 100% of the share capital was made through TJ Carolan & Son Ltd – a wholly owned subsidiary – and the deal includes the sale …
Italian spirits company Gruppo Campari has announced the acquisition of Bulldog London Dry Gin, an independently owned brand, for $55 million (€50.9 million) plus working capital and assumed liabilities for $3.4 million. Campari has been distributing the premium gin since 2014 through its own distribution channels as part of a five-year agreement, with the option of acquisition of the brand in 2020. With the new deal the firm will take …
Campari, the Italian wine and spirits firm, has announced its exit from the Italian still wine business with an agreement for the sale of 100% of the share capital of Sella & Mosca and Teruzzi & Puthod to wine seller and distributor Terra Moretti. Based in Sardinia, Sella & Mosca is one of the largest wine estates in Europe with 550 hectares of vineyards, producing red wines such as Marchese di Villamarina, …
Italian spirits firm Campari is to acquire the worldwide distribution of the French orange-flavour cognac liqueur Grand Marnier, according to a Bloomberg article quoting “a person familiar with the process”. Currently, global distribution of Grand Marnier is shared by a number of different firms, namely champagne distiller Moet Hennessy and British spirits firm Diageo, along with several independent wholesalers, Bloomberg reports. According to Bloomberg’s source, Grand Marnier had been working with …
Campari, the global alcoholic drinks firm, has announced that it has agreed to sell Casoni Fabbricazione Liquori, an Italian company wholly owned by Fratelli Averna. Casoni became part of Campari following the acquisition of Fratelli Averna in 2014. The firm, which specializes in private label alcoholic beverages and co-packaging activities, will be sold to a pool of local entrepreneurs for €5.3 million ($5.8 million), with the deal including production plants …
Campari America, the American subsidiary of Davide Campari-Milano S.p.A, has expanded its Skyy vodka line-up with the launch of a range of flavoured vodka called Skyy Barcraft. The new launch is said to be aimed at meeting consumer demand for craft cocktails at home “but without the multiple steps and hard-to-find ingredients”. Skyy Barcraft, as the name suggests, is promoted as replicating “the experience you would find in a premium …
The Italian beverage company Campari has closes its third financial period ending 30th September 2014, reporting a decline in group profit before tax of 21.8% but marginal growth in revenues. For the first nine months of the year, Campari reported that group net sales reached € 1,060.5 million ($1,321.7 million), up 0.8%, with organic growth of 3.1% (1.7% in the third quarter). The company attributed this top line growth to …
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