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Campari sells two spirit brands to Dublin-based Cobblestone
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FoodBev Media
Campari Group has agreed to sell its Bisquit & Dubouché Cognac and Cabo Wabo Tequila brands to Cobblestone Brands, a premium spirits company based in Dublin, Ireland.
Cobblestone described the transaction as the ‘most significant milestone’ in the company’s history, bolstering its portfolio with brands now spanning Irish whiskey, cognac, tequila, rum and gin.
Meanwhile, Cabo Wabo Tequila has built an established consumer following in the US, with distribution across more than 20 states.
The financial terms of the deal with Cobblestone Brands have not been disclosed.
Bisquit & Dubouché and Cabo Wabo are exactly the kind of brands we built this platform for.”