Campari Group and Moët Hennessy completed the acquisition of Tannico for €26m.

Wines & Spirits e-commerce companies Campari Group and Moët Hennessy completed the acquisition of Tannico, an Italian winemaker, for €26m. "With this operation, we confirm our commitment to making Tannico the leading European platform in the sale of wines and premium spirits. Thanks to the excellent work done so far by the team, Tannico is today an established player with market leadership positions in Italy and France, where it owns a majority stake in French e-commerce platform Ventealapropriete.com. We are happy to be able to continue with this project, taking it to an equally ambitious next phase," Bob Kunze-Concewitz, Campari CEO.