Campari : Minor acquisition in champagne: timing is surprising but asset is attractive
>Campari in exclusive talks to acquire 80% of Lallier champagne house - In a press release issued on Friday, 17 April Campari said it had entered exclusive negotiations with SARL FICOMA to buy 80% of SARL Champagne Lallier and other FICOMA-owned champagne houses i.e. a total of 1 million bottles, incl. 700k for the Lallier brand. The group aims via the transaction to acquire 100% of the shares in the medium term and the deal covers brands, inventories, real estate as...Davide Campari-Milano is engaged in manufacturing spirits industry with an extensive product portfolio in three business lines: spirits, which includes internationally brands such as Appleton, Campari, Carolans, SKYY vodka and Wild Turkey, as well as brand in local markets including Aperol, Cabo Wabo, Cynar, Frangelico, GlenGrant, Ouzo 12, X-Rated Fusion Liqueur, Zedda Piras, and Brazilian brands Dreher, among others; wines, which main regional brands are Liebfraumilch, Mondoro, Odessa, Riccadonna, Sella&Mosca and Teruzzi&Puthod; and soft drinks, which covers the extended ranges of Crodino and Lemonsoda. Co. operates in 190 countries with registred positions in Europe and the Americas.
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