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    Home > Finance > Italy's Campari to sell Cinzano and Frattina brands for $117 million
    Finance

    Italy's Campari to sell Cinzano and Frattina brands for $117 million

    Published by Global Banking & Finance Review®

    Posted on June 26, 2025

    1 min read

    Last updated: January 23, 2026

    Italy's Campari to sell Cinzano and Frattina brands for $117 million - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    Campari sells its Cinzano and Frattina brands to Caffo Group for €100 million, focusing on core brands. The deal closes by 2025.

    Campari Agrees to Sell Cinzano and Frattina Brands for €100 Million

    MILAN (Reuters) -Italian spirits group Campari has agreed to sell its historic Cinzano vermouth and its Frattina grappa brands to domestic rival Caffo Group 1915 for 100 million euros ($117 million), it said on Thursday.

    Founded in 1757, Cinzano, consumed mainly as an aperitif, was bought by Campari in 1999, while Frattina is a more recent acquisition, part of a deal from 2014.

    New Campari CEO Simon Hunt, who took charge in January, said the sale "marks a key step in our strategy of streamlining our portfolio via disposals, allowing us to increase our commercial and marketing focus on our key core brands."

    Both Cinzano and Frattina also include sparkling wine production alongside the vermouth and grappa which the two brands, respectively, are famous for.

    In 2024 Cinzano and Frattina accounted for 2% of Campari's overall net sales, with the two brands totalling a net 75 million euros.

    The closing of the transaction is expected by the end of 2025. Mediobanca acted as financial advisor on the deal. ($1 = 0.8550 euros)

    (Reporting by Elisa Anzolin and Keith Weir; Editing by Valentina Za and Gavin Jones)

    Key Takeaways

    • •Campari sells Cinzano and Frattina to Caffo Group for €100 million.
    • •The sale aligns with Campari's strategy to streamline its portfolio.
    • •Cinzano and Frattina contribute 2% to Campari's net sales.
    • •The transaction is expected to close by the end of 2025.
    • •Mediobanca acted as the financial advisor for the deal.

    Frequently Asked Questions about Italy's Campari to sell Cinzano and Frattina brands for $117 million

    1Who is acquiring the Cinzano and Frattina brands?

    The Cinzano and Frattina brands are being acquired by the domestic rival Caffo Group 1915.

    2What is the total value of the sale?

    The sale is valued at 100 million euros, which is approximately $117 million.

    3When is the transaction expected to close?

    The closing of the transaction is expected by the end of 2025.

    4What percentage of Campari's net sales did Cinzano and Frattina account for in 2024?

    In 2024, Cinzano and Frattina accounted for 2% of Campari's overall net sales.

    5What is the significance of this sale for Campari's strategy?

    New Campari CEO Simon Hunt stated that the sale marks a key step in their strategy of streamlining the portfolio through disposals.

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