Campari sells Lapostolle Winery

Gruppo Campari, which controls brands such as Aperol, Wild Turkey bourbon as well as Campari itself, has decided following its takeover of the Grand Marnier group in 2016 to divest itself of Chili’s Lapostolle winery, selling it to Alexandra Marnier Lapostolle who founded it in 1994. The Lapostolle wine operation comprises today 370 hectares in three different vineyards with a production of 200 000 cases distributed in more than 60 countries. The reported purchase price is €30 million. Through this sale, coming in the wake of those of its two Italian wine estate holdings, Azienda Vinicola Tenute Sella & Mosca in Sardinia and Teruzzi & Puthod in Tuscany last year, Gruppo Campari has effectively ended its ties with the still wine business.