Italy’s tax agency seizes €1.29 billion (US$1.49B) in Campari shares over alleged tax evasion linked to holding company Lagfin.
Campari Group appoints Francesco Mele as CFO while long-serving finance chief Paolo Marchesini transitions to vice-chairman role.
Campari divests Cinzano and Frattina to focus on core spirits portfolio, with completion of the deal expected by end of 2025.
Campari Australia has agreed to sell its Derrimut manufacturing facility to Garage Beverages as part of a strategic shift toward brand marketing.