By Gruppo Campari
Milan, 29 May 2009 – Gruppo Campari has finalised the purchase of Wild Turkey®, cementing its position among the leading companies in the US and international premium spirits markets. The deal, originally announced on 8 April 2009, is the largest acquisition in Campari’s history. Gruppo Campari paid US$ 581 million cash (or € 417 million at the closing exchange rate), to Pernod Ricard for the brand. The price paid includes an adjustment of approximately US$ 6 million (or € 4.3 million at the closing exchange rate), mainly relating to inventory. The acquisition has received approval of US and Italian antitrust authorities.
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