Italy: Campari agrees to buy rum maker for $415 mln
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Italy: Campari agrees to buy rum maker for $415 mln

Milan : Italy | Sep 03, 2012 at 1:33 AM PDT
Source: AKI
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Davide Campari-Milano SpA said it will purchase Lascelles deMercado & Co., the Jamaican maker of Appleton rum, in a deal worth $414.8 million to hasten the Italian distiller's push into overseas markets. Campari agreed to buy a controlling 81.4 percent stake and will make a formal tender offer for... FULL ARTICLE AT AKI
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campari and soda in Italy
campari and soda in Italy
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  • Campari moves into Jamaican rum market

    Ledger-Enquirer
    Campari Group, the maker of the bright red Italian aperitif, says it has acquired a controlling stake in Jamaican rum maker Lascelles deMercado from the troubled Caribbean conglomerate CL Financial Ltd. Campari said Monday it had agreed to buy CL...

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