Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Stock Spirits raises a glass to £767M takeover by CVC

The offer of 377 pence per share represents a premium of 41% to the stock's close on Wednesday

CVC-affiliated Sunray Investments Luxembourg S.à r.l. will buy London-listed Stock Spirits for about $1 billion: the takeover offer of 377 pence per share for Stock Spirits represents a premium of 41% to the stock's close on Wednesday. The proposal values Stock Spirits at 767 million pounds ($1.06 billion).Stock Spirits, which houses more than 70 brands including 1906, Stock Prestige, Vodka No. 1,...

red - 20513
Londra, Regno Unito, 08/12/2021 18:27
EFA News - European Food Agency

Similar

LiqueursPhilipponat buys the Italian Moon Import

Acquired the last 50% of its importer for Italy since 1979

The champagne house Philipponnat has acquired 50% of Moon Import, its importer for Italy since 1979. The French house, in particular, has taken over the participation of the Mongiardino family, who wished... more

LiqueursPallini /2. 150 years of tradition and innovation

Historic products such as Amaro Formidabile and Mistrà will be the subject of a further relaunch

Antica Casa Pallini was founded in 1875 in Antrodoco, a town on the border between Lazio and Abruzzo, by the enterprising merchant Nicola Pallini. Initially a fabric and liquor bottle emporium, the business... more

LiqueursPallini: exports of 24.5 million euros in 70 countries

12 new markets opened in 2024, on the eve of the 150th anniversary of its foundation

The historic Roman distillery Pallini, founded in 1875 and moved to the capital at the beginning of the twentieth century, continues to grow: in terms of distribution (with over 3 million liters of products... more