Campari Group completed the acquisition of Baron Philippe de Rothschild France Distribution for $67m.

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.