Campari completes Forty Creek deal

03 June, 2014

Gruppo Campari has announced the completion of its acquisition of Canadian distiller, Forty Creek.

Forty Creek is described as a leading spirits company in Canada, with a portfolio of premium and fast growing Canadian whiskies.

The final enterprise value is said to be CA$198.2 million (€133.7m at the exchange rate at the acquisition closing date), including the price adjustment.

Gruppo Campari has also announced the completion of its purchase of Fratelli Averna, the owner of Averna, a leading brand in the Italian market and one of the most well-known Italian bitters worldwide. As announced on April 15, 2014, the total enterprise value for 100% of the share capital of Averna Group is €103.75m.





Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

Nick Strangeway

Bar food's blurred lines

Once upon a time pubs and bars were somewhere you went with the sole purpose of getting pissed and there wasn’t a knife and fork in sight, just a packet of dry roasted nuts.

Instagram

Facebook