Davide Campari-Milano N.V. (BIT:CPR) acquired remaining 49% stake Trans Beverages Co. Ltd on December for ?21.9 million on November 29, 2024.
Davide Campari-Milano N.V. (BIT:CPR) completed the acquisition of the remaining 49% stake Trans Beverages Co. Ltd on November 29, 2024.Trans Beverages Co. Ltd reported revenue of ?27.8 million and net income of ?0.5 million for period ending December 31, 2023.
and common equity of ?4.3 million as on December 31, 2023.
Davide Campari-Milano N.V. is one of the Italian's leading producers and distributors of spirits and wines. The activity is organized around three product families:
- spirits: rhums, vodkas, tequilas, whiskies, liqueurs, etc. (Campari, SKYY Vodka, Cynar, Aperol, Cabo Wabo, CampariSoda, Glen Grant, Ouzo 12, X-Rated, Dreher, Old Eight and Drury's brands);
- wines: Liebfraumilch, Cinzano, Mondoro, Riccadonna, Sella & Mosca and Teruzzi & Puthod brands;
- non-alcoholic beverages: aperitifs (Crodino brand), sodas (LemonSoda, OranSoda, PelmoSoda and TonicSoda) and mineral water (Crodo).
At the end of 2024, the group had 25 production sites worldwide.
Net sales are distributed geographically as follows: Europe/Middle East/Africa (47.7%), Americas (45.2%), and Asia/Pacific (7.1%).
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