Campari Group enters into exclusive negotiations to acquire its French distributor Baron Philippe de Rothschild France Distribution S.A.S.

Campari Group enters into exclusive negotiations to acquire
its French distributor Baron Philippe de Rothschild France Distribution S.A.S.

Milan, November 15^th, 2019-Campari Group announced today that it has entered into exclusive negotiations to acquire its current French distributor Baron Philippe de Rothschild France Distribution S.A.S. (the‘Target’). The Target is currently 100% owned by Baron Philippe de Rothschild S.A., to which a put option was also granted by Campari Group.

The transaction is subject to the completion of the appropriate social processes and to customary antitrust approval. Upon a hopefully positive conclusion of the negotiations, Campari Group will communicate thereupon and provide the key financial terms of the deal.