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  • CATEGORIES
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Campari

All the posts published.
1 MIN READ

France: Campari and Moët Hennessy to acquire 100% of Tannico

December 7, 2022
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Alcoholic Drinks, Europe, Mergers & Acquisitions

Campari Group and Moët Hennessy has acquired, through their 50-50 joint venture, full ownership of online wine and spirits company Tannico. Founded in 2012, Tannico’s e-commerce platform offers a catalogue of over 1,500 labels from 2,500 wineries focusing 90% of the business in B2C. The platform also provides wine courses, video tutorial and in the B2B area, services to wineries professionals in the hospitality sector. “With this operation, we confirm …

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1 MIN READ

Italy: Campari to acquire initial 70% stake in Wilderness Trail Distillery

November 1, 2022
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Alcoholic Drinks, Europe, Mergers & Acquisitions

Italian spirit group Campari has reached an agreement to acquire an initial 70% stake in Wilderness Trail Distillery for $420 million, strengthening its bourbon offer. Under the agreement, the company will be able to acquire the remaining 30% of the premium Kentucky Bourbon and Rye Whiskey producer in 2031. Bob Kunze-Concewitz, Chief Executive Officer Campari Group: “We are very excited to take a controlling interest in worldclass Wilderness Trail Distillery. …

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1 MIN READ

Italy: Campari acquires Picon aperitif

May 17, 2022
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Alcoholic Drinks, Europe, Mergers & Acquisitions

Italian company Campari Group, owner of Aperol, has acquired the French aperitif Picon from Diageo for €119 million ($125.5 million). Created in 1837, Picon is a ‘market-leading’ aperitif that has achieved net sales of €21.5 million ($22.4 million) and CAAP of €12.9 million ($13.4 million) in the 2021 fiscal year. According to sources, France is currently Campari Group’s fourth-biggest market (5.9% of the Group’s net sales). With this acquisition, the …

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1 MIN READ

Mexico: Campari takes majority stake in Ancho Reyes and Montelobos brands

October 16, 2019
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Alcoholic Drinks, Mergers & Acquisitions, Middle East & Africa

Campari, the Italian spirits firm, has announced it has taken a majority stake in the spirits firms Licorera Ancho Reyes and Casa Montelobos, respectively the owners of the “super premium” spicy liqueur Ancho Reyes and mezcal Montelobo, for $35.7 million. Ancho Reyes is described as a natural and authentic liqueur made from ancho and poblano chiles cultivated in the volcano-enriched soils of Puebla, Mexico, and is said to offer an ideal …

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1 MIN READ

France: Campari in negotiations to acquire rum brands Trois Rivieres and Maison La Mauny

July 23, 2019
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Alcoholic Drinks, Europe, Mergers & Acquisitions

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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1 MIN READ

France: Campari to buy cognac firm Bisquit Dubouche

December 28, 2017
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Alcoholic Drinks, Europe, Mergers & Acquisitions

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 …

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1 MIN READ

Italy: Campari to sell Lemonsoda business to Unibrew

October 5, 2017
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Europe, Non-Alcoholic Drinks, Products

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 …

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1 MIN READ

Italy: Campari sells Carolans and Irish Mist to Heaven Hill Brands

August 1, 2017
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Alcoholic Drinks, Europe, Mergers & Acquisitions

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 …

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1 MIN READ

Italy: Campari acquires Bulldog Gin

February 3, 2017
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Alcoholic Drinks, Europe, Mergers & Acquisitions

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 …

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1 MIN READ

Italy: Campari divests Italian still wine businesses

November 28, 2016
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Alcoholic Drinks, Mergers & Acquisitions

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, …

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1 MIN READ

Italy: Campari to buy Grand Marnier distribution business – reports

March 15, 2016
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Alcoholic Drinks, Europe, Mergers & Acquisitions

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 …

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1 MIN READ

Italy: Campari to sell Casoni Fabbricazione Liquori

January 5, 2016
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Alcoholic Drinks, Europe, Mergers & Acquisitions

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 …

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1 MIN READ

USA: Campari America launches Skyy Barcraft vodka

April 10, 2015
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Alcoholic Drinks, North America

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 …

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1 MIN READ

Italy: Campari nine-month profit down by a fifth

December 2, 2014
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Alcoholic Drinks, Europe

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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