Announced
Completed
Financials
Tags
wine wholesaler
Acquisition
wine distributor
Majority
Friendly
Private
wine retailer
Specialty Retailers
Single Bidder
France
Cross Border
Completed
Synopsis
Campari Group, a manufacturer of spirits, wines, and soft drinks, completed the acquisition of the French distribution unit of Baron Philippe de Rothschild, a retailer of wines for $67m. "This contemplated acquisition is a key step forward into Campari Group’s long-term growth strategy aimed at continuously strengthening our route-to-market globally. This deal offers us a unique opportunity to insource RFD’s strong distribution capabilities and therefore operate directly in this market, benefitting from the significantly increased critical mass as well as an enhanced focus on our core brand portfolio," Bob Kunze-Concewitz, Campari CEO.
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