US EditionItaly's Campari to Sell Cinzano
10 Articles
10 Articles
Original news the group of the "Amaro del Capo" has found the historical brand that is worth approximately 75 million revenues per year
Campari takes another step on the rationalization of the portfolio (ANSA)
Campari Group sells Cinzano brand to Italian spirit firm
Campari Group has reached an agreement to sell its Cinzano vermouth and sparkling wine business to privately owned Italian spirits producer Caffo Group 1915, in a deal worth €100 million (approximately $162 million). The sale includes all intellectual property, finished goods inventory, selected staff, and brand-related assets. Also part of the transaction is Campari’s Frattina grappa and sparkling wine business. In a statement, Campari Group CE…
Campari Group Sells Cinzano To Caffo Group 1915 For €100 Million - Shanken News Daily
Campari Group has agreed to sell the Cinzano brand of vermouth and sparkling wine to fellow Italian company Caffo Group 1915 for €100 million ($117m). The sale also includes the Frattina grappa and sparkling wine business. “The sale of Cinzano … Continue reading → The post Campari Group Sells Cinzano To Caffo Group 1915 For €100 Million appeared first on Shanken News Daily.
Campari Group is selling its Cinzano vermouth and sparkling wine brands to Caffo Group 1915, the owner of the Italian bitter liqueur Vecchio Amaro del Capo, for 100 million euros, the ESM retail portal reported.
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