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.





Comment

Dominic Roskrow

The crazy world of the small distiller

One of the main attractions of social media is that it allows individuals and small businesses a platform from which they can shout loudly, without the need for the big-buck budgets that the global companies can call on.

Click for more »

Events

Facebook

Twitter