(Alliance News) - Lagfin S.C.A. announced on Tuesday that it has secured the release of all 214.1 million Campari NV shares that were previously subject to seizure, following the resolution of the well-known tax dispute with the Italian Revenue Agency.
Campari shares are up 0.4% at EUR5.562 each.
By Antonio Di Giorgio, Alliance News reporter
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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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