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Campari Group sells Cinzano vermouth and sparkling wines to Caffo Group 1915 for €100m
In a move to streamline its brand portfolio, Campari Group has finalised an agreement to sell its Cinzano vermouth and sparkling wines to Caffo Group 1915 for €100 million.
Diageo completes sale of stake in Guinness Ghana Breweries to Castel Group
Diageo has finalised the sale of its 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, a move that underscores the beverage giant's strategic realignment in the African market.
Diageo India acquires Indian craft gin maker Nao Spirits for $15.2m
Diageo India (United Spirits Limited) has announced the acquisition of a majority controlling stake in Nao Spirits, the Indian craft distiller behind popular gin brands Greater Than and Hapusa.
Veritable Distillery launches traditional limoncello
Veritable Distillery, a Connecticut-based producer of historically-inspired spirits, has introduced its new Limoncello, a summer aperitif crafted with traditional methods and a focus on authenticity.