Campari Group to Acquire Courvoisier Cognac from Beam Suntory for $1.32 Billion
VinePair
DECEMBER 14, 2023
An additional payment of $120 million is expected to be payable in 2029 if the net sales target is reached in 2028, potentially giving the acquisition a value of $1.32 This purchase will increase the group’s distilling infrastructure and bottling and warehousing capabilities in France.
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