US: Brown-Forman buys remaining Tuaca stake
By Anne Brockhoff | 2 January 2003
Brown-Forman has agreed to buy the 55% of Distillerie Tuoni e Canepa, the Italian maker of Tuaca liqueur, it didn't already own for an undisclosed sum. Brown-Forman has been distributing Tuaca in the US since 1999 and acquired 45% of the company in 2000. The purchase won't impact Brown-Forman's EPS in fiscal 2003 or fiscal
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Brown-Forman has agreed to buy the 55% of Distillerie Tuoni e Canepa, the Italian maker of Tuaca liqueur, it didn't already own for an undisclosed sum. Brown-Forman has been distributing Tuaca in the US since 1999 and acquired 45% of the company in 2000. The purchase won't impact Brown-Forman's EPS in fiscal 2003 or fiscal
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
More articles related to this one
S AFRICA: Brown-Forman secures wine deal
Brown-Forman has signed its first Southern Hemisphere wine.
US: New CEO at Brown-Forman announced
Brown-Forman has announced the next step in its succession plan.
US: Brown-Forman pays quarterly dividend
US wine and spirits group, Brown-Forman, has announced a quarterly cash dividend of 24.50 cents per share on Class A and Class B Common Stock, following a board meeting.
