News

BRAZIL: Campari builds spirits factory

Most popular

Everywhere is now a drinking occasion - Trends

How DNA testing will shape the future of drinking

Pernod Ricard Performance Trends 2015-2019

Canada blazes a trail for cannabis beverages

Major spirits brands dodge the US tariff bullet

MORE

Italian drinks group Campari has begun building a new factory to produce spirits brands in Brazil.

Campari confirmed to just-drinks today (30 September) that it had begun work on the new factory, to be based in Recife in the northeast of Brazil.

Plans for the project were initially flagged up in the Italian firm's half-year results in August, in which it reported a planned EUR23m (US$33m) capital investment to cover both expansion in Brazil and the Glen Grant Scotch whisky distillery.

The Brazilian plant, which will have an annual capacity of 50m litres, is expected to begin operating from October 2009.

According to the Italian newswire, Ansa, the facility will mainly produce Campari, Old Eight whisky and Dreher brands.

Campari's sales in Brazil fell 11.7% for the six months ended 30 June 2008, despite being boosted by a favourable exchange rate.


Sectors: Spirits

Companies: Campari

Related Content

Campari Group Q1 2018 - results data

Campari Group Q1 2018 - results data...

Campari Group Performance Trends 2014-2018 - results data

Campari Group Performance Trends 2014-2018 - results data...

Campari Group Performance Trends 2013-2017 - results data

Campari Group Performance Trends 2013-2017 - results data...

Campari Group delivers solid H1 2018 as US, Australia underpin 5% sales rise - results data

Campari Group delivers solid H1 2018 as US, Australia underpin 5% sales rise - results data...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?