Forty Creek is described as a leading spirits company in Canada, with a portfolio of premium and fast growing Canadian whiskies.
The final enterprise value is said to be CA$198.2 million (€133.7m at the exchange rate at the acquisition closing date), including the price adjustment.
Gruppo Campari has also announced the completion of its purchase of Fratelli Averna, the owner of Averna, a leading brand in the Italian market and one of the most well-known Italian bitters worldwide. As announced on April 15, 2014, the total enterprise value for 100% of the share capital of Averna Group is €103.75m.
Related articles:
