Brief: Campari Sells Averna, Zedda Piras For €100 Mln To Illva Saronno
18/12/2025 07:08
Dec 18 (Reuters) - Davide Campari Milano NV CPRI.MI: SELLS AVERNA AND ZEDDA PIRAS FOR €100 MILLION SELLS TO ILLVA SARONNO HOLDING S.P.A. TOTAL DIVESTMENT PROCEEDS EXCEED €210 MILLION DEAL CLOSING EXPECTED IN FIRST HALF OF 2026 AGREES TO SELL TO ILLVA SARONNO REFOCUSES ON KEY BRAULIO BRAND IN AMARO CATEGORY TRANSACTION FORESEES CONTRIBUTION TO NEWCO OF AVERNA, ZEDDA PIRAS BUSINESSES INCLUDING ALL INTELLECTUAL PROPERTY, INVENTORIES, CERTAIN EMPLOYEES, PRODUCTION PLANTS Further company coverage: CPRI.MI (Reporting by Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48587696600;))
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