Castel completed the acquisition of Tannico from Moët Hennessy and Campari Group.

Castel, a French wine producer, completed the acquisition of Tannico, an online wine shop, from Moët Hennessy, a wines and spirits company, and Campari Group, a beverage company. Financial terms were not disclosed. The acquisition of Tannico is part of Castel’s strategy to strengthen its digital presence and expand into the Italian wine segment, which is increasingly appreciated worldwide.