The directors of Davide Campari-Milano SpA has announced its consolidated results for the nine months ending 30 September 2013.

Davide Campari-Milano SpA has posted poor results in first quarter ending March 31, 2013 which it states is mainly due to the ‘one-off’ destocking in Italy.

Davide Campari-Milano SpA has announced that it is taking over the distribution and marketing of its recently acquired Appleton rum brands from Kobrand from March 1.

Gruppo Campari has initiated its tender offer for 100% of the issued shares of Lascelles deMercado Co Limited, which owns J Wray & Nephew and Appleton rums.

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