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Illva Saronno Holding acquires 20% of Albedo

Investment in the distillery to consolidate the whiskey business

Illva Saronno Holding SpA, the well-known multinational spirits company and Railroad Brewing Company Srl, sole shareholder of Albedo Srl, announce the increase in share capital of Albedo Srl following which Illva has become the owner of a 20% stake in the company target. The financial terms of the transaction were not disclosed.Albedo Srl is an artisanal distillery founded in Seregno (MB) in 2019 and...

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EFA News - European Food Agency
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