Averna Group is a spirits company in the Italian market, owner of Averna, the second bestselling bitter in Italy.
Averna owns a portfolio of premium brands, among which, Braulio, a herb-based bitter, Limoncetta, a natural sweet liqueur made of lemon peel, and Grappa Frattina, through which Gruppo Campari enters the grappa category.
The closing date of the transaction is expected to be 3 June 2014 and the consideration will be paid in cash.
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