Campari's controlling shareholder, Lagfin, announced today that it has regained full access to all approximately 214 million shares of the group that had been seized by the authorities.
The release of the shares follows an agreement reached this month between the Luxembourg-based holding company and the Italian Revenue Agency over alleged tax evasion, which stipulates a payment of €405 million to be made over four years.
(Translated by Agnese Napoletti, editing by Antonella Cinelli)
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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