Campari Group Looks to Asia and U.S. for Acquisitions

UK Government Launches Review of US Tariffs

Volume 312 | May 28, 2021 Campari Group Looks to Asia and U.S. for Acquisitions Campari Group has revealed that they are looking to acquire more premium brands in Asia and the United States in an effort to further their strategy of becoming less reliant on Italy. The group has room to grow in the Asian-Pacific region, which currently only accounts for 9% of Campari’s global sales, mostly to Australia. Campari CEO Bob Kunze-Concewitz has hinted at a strong interest in the fast-growing tequila category. “Campari has built a structure capable of managing revenues that are higher than our current ones,” said Kunze-Concewitz. “We aim for premium brands with a particular focus on the United States.” Further reading: The Drinks Business INDUSTRY NEWS UK Government Launches Review of US Tariffs Source: The Spirits Business Retailer Predictions for the Future of Alcohol Delivery Source: BevAlc Insights How Innovation is Reshaping Identity in RTDs Source: Brewbound PRESS RELEASES Belvedere Announces the Launch of Its Organic Infusions Line Source: The Drinks Business Luna Nuda Releases Prosecco Rosé DOC Source: Spirited Zine TRENDING THIS WEEK The Best Pieces of Advice for Launching an RTD Source: Park Street What We Know So Far About Gen Z Drinking Preferences Source: FSR Magazine What Makes a Premium Tequila Source: Chilled Magazine Diageo, Dia Simms Partner on Pronghorn to Drive Diversity in Drinks Source: The Spirits Business E&J Gallo Acquires LIQS Cocktail Shots Source: Park Street University More Resources From Park Street University  Video Library Park Street Insider Podcast 2021 Event Schedule Interested in participating in Park Street University? Get in touch at psu@parkstreet.com Click Below to Join our Park Street Insider News Mailing List SUBSCRIBE NOW CONNECT WITH US ‌ ‌ ‌ ‌ ‌ Want to learn more about Park Street's services? Request a consultation Park Street's mobile app is available for download on both iOS and Android platforms.

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