Tag: Campari

  • Campari launches its new magazine-style website

    Campari launches its new magazine-style website

    Campari gives its online presence a makeover with a magazine-style website featuring a continuously evolving flow of new contents and updates.

    The Stronger Together section brings together all the group’s main initiatives carried out since the onset of the COVID-19 health emergency and during all its subsequent stages, in every country where Campari operates.

    News is tagged by country, type of activity and intended audience so that visitors can easily find what they’re looking for.

    The News & Media section includes an original search engine that allows visitors to access all contents, using a cross-site approach. The aim is to encourage visitors to browse through different types of content, helping them to fully engage with the brand narrative.

    The magazine-style approach is particularly evident in “The Spiritheque” section. Part journey of discovery through a secret archive and part virtual art gallery, The Spiritheque tells the story of places, people, mysteries and atmospheres from the world of the Group’s brands.

    Combining narratives and animated illustrations, it represents an original approach that explores the intangible heritage of the Group and its brands from a contemporary and innovative perspective through true stories, anecdotes and “legends”, so as to offer readers an original new way to experience the brands.

    The website’s all-new design is based on an in-depth study of how Campari’s vast historical and cultural heritage lives through today’s global dimension, embracing brands and people from all over the world. 

    The multimedia content is enriched by video interviews with the master blenders and distillers who are guardians of the secret recipes behind some of the Group’s most distinctive products.

  • Campari bought back 589.510 own shares for over € 4 million

    Campari bought back 589.510 own shares for over € 4 million

    Campari Group announces that between June 1st 2020 and June 5th 2020 it bought back, on the regulated market managed by Borsa Italiana, 589.510 own shares at an average price of € 7,2382 per share for a total amount of € 4.266.969,36.

    The transactions have been executed by UBS Europe SE.

    Most shares, 519.696, were bought on June 1st at an average price of € 7,2189 per share.

    Campari paid a total of € 3.751.633,45 in this transaction.

  • Campari Group acquires a 49% interest in online store Tannico

    Campari Group acquires a 49% interest in online store Tannico

    Campari announces that it has signed an agreement with all shareholders to acquire a 49% interest in Tannico, the leading e-commerce platform for wines and premium spirits in Italy.

    The transaction structure foresees that Campari acquires 39% of the share capital of Tannico and simultaneously subscribes to a reserved capital increase to reach, in aggregate, a 49% shareholding.

    Tannico has a market share of over 30%

    Founded in 2013, Tannico is the market leader in online sales of wines and premium spirits in Italy, with a market share of over 30%.

    With over 7 million unique visitors in the last 12 months, Tannico’s offering comprises 14.000 wines from over 2.500 domestic and international wineries.

    In 2019, Tannico achieved net sales of €20.6 million. Net sales for the past three years (2016-2019) was approximately 50% and such trend grew significantly in Q1 2020, also due to the COVID19 emergency, approximately reaching break-even from a profitability standpoint.

    Since 2017, Tannico has expanded its footprint to more than 20 markets, including USA, Germany, UK, and France.

    The overall consideration for the 49% interest is €23.4 million.

    Tannico held €1.6 million net cash as of 31 December 2019.

    Campari Group will have the possibility to increase its interest to 100% starting from 2025, based on certain conditions.