Announced
Financials
Tags
Distillers and Vintners
Private
Friendly
champagne
Pending
Single Bidder
Majority
France
Acquisition
Synopsis
Campari Group, a provider of beverages, entered exclusive negotiations to acquire an 80% stake in Champagne Lallier, a manufacturer of alcoholic beverages, from Ficoma, a family holding of Francis Tribautto. Financial terms were not disclosed. The projected transaction scope includes the brands, related stocks, real estate assets including owned and operated vineyards, and production facilities. If successful, the acquisition would mark the first entry of an Italian player into the Champagne category and allow Campari to build further critical mass in the French market.
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