Winebusiness.com - Homepage for the Wine Industry

Campari Targets U.S. Growth with Acquisition of Montelobos Mezcal

October 09, 2019

The Italian spirits company has brought a 51% stake in Casa Montelobos S.A.P.I. de C.V., which owns super premium artiscan mescal brand Montelobos, and Licorera Ancho Reyes y CIA S.A.P.I. de C.V., brand owner of Ancho Reyes spicy liqueur for USD35.7 million (€32.7 million). The deal is expected to go through by the end of the year,