Campari Group has completed the acquisition from ODC (BidCo) Limited of a 14.6% minority stake in Capevin Holdings Proprietary Limited, the South African holding company indirectly owning, in particular, 100% of CVH Spirits Limited, a Scottish company operating in the production and commercialisation of renowned Single Malt Whiskies Bunnahabhain, Deanston, Tobermory and Ledaig, and Blended Whiskies Scottish Leader and Black Bottle.
Campari Group also holds distribution rights for brands from CVH Spirits Limited portfolio in France and South Korea. In accordance with Capevin Holdings Proprietary Limited’s memorandum of incorporation, Campari Group has exercised its right to appoint a board member and has additional governance rights to protect its minority position. The purchase price paid amounted to GBP 69.6 million (corresponding to €82.6 million at the exchange rate of the transaction date). The transaction was financed using available cash.
Johnnie Walker, The Glenlivet, Indri, Bacardi, Patrón, Campari, Jameson, Kingfisher, Himalayan, and Schweppes dominate the list
71 Indian Brands Make the Top Ten List in different categories
A recent report ranks India’s ten most popular consumer brand choices across twenty different alcohol and non-alcohol categories, including Vodka, Single Malt, Gin, Beer, Rum, Aperitifs, Mixers, Water, and more. The report is based on direct responses from bar owners, head bartenders, and bar and beverage managers of 116 top bars in the country, spread across 15 cities in a dozen states. An impressive 616 brands were mentioned in this year’s survey, reflecting the diversity of India’s drinking culture.
The brands that top the survey rankings include Bombay Sapphire in the Gin Category; Grey Goose in Vodka; Jägermeister in Liqueurs; Patrón in Agave; Bacardi in Rum; Campari in Amaro/Aperitif; Hapusa in Indian Craft/Native Spirits; Indri in Indian Single Malts; Indri in Indian Premium Whiskies; Johnnie Walker in Blended Scotch/Malt; The Glenlivet in International Single Malts; Jameson in International Whisky; Hennessy in Brandy & Cognac; Sula in Indian Still Wines; Jacob’s Creek in International Still Wines; Moët & Chandon in Sparkling Wine; Kingfisher in Indian Beer; Corona in International Beer; Himalayan in Water; Schweppes in Mixers.
Mix of bars from across cities
As with the 2023 edition, ‘What India is Drinking 2024’, despite its name, is focussed on a small slice of the country’s giant liquor market – the drinking habits of Indians who frequent premium bars in the country’s biggest cities. The list of bars is drawn is a mix of independent bars, restaurant bars and hotel bars. No sales figures were asked for, and no sales figures were provided, 30BestBars said.
It further mentioned that each respondent was asked to rank their 5 top-selling brands over the past year, across important categories such as Whisky, Vodka, Gin, Wine, Beer, Rum, Wine, Mixers, Water and many others. In some of the minor categories, the respondents were asked to name their top 3 top-selling brands. The brands mentioned could be Indian or International, unless specified otherwise. A weighted average system was used to arrive at the final tally. With burgeoning interest in cocktails across the country, the survey also has listed the most sought-after cocktails in these bars. It targetted five popular spirit segments for cocktails – Gin, Vodka, Agave, Rum, and Whisky – for this exercise.
