Head Office
+44(0)20 8392 0193
Stuart Whitwell
+44(0)77 4703 7824
stuart.whitwell@intangiblebusiness.com
Thayne Forbes
+44(0)7979 655653
thayne.forbes@intangiblebusiness.com
Head Office
+44(0)20 8392 0193
Stuart Whitwell
+44(0)77 4703 7824
stuart.whitwell@intangiblebusiness.com
Thayne Forbes
+44(0)7979 655653
thayne.forbes@intangiblebusiness.com
Client: Gruppo Campari
In 2010, Campari acquired Carolans, the world’s second best-selling Irish cream liqueur; Frangelico, a leading specialty premium liqueur and Irish Mist, a leading Irish whiskey based liqueur. The acquisition was from William Grant & Sons giving an enterprise value of €128 million.
Intangible Business advised Campari on fair values of the assets, principally brands, and quantified goodwill on the acquisition.
Intangible Business worked closely with Campari management and auditors to help provide and support high quality and informative financial reporting by Campari in connection with this acquisition which complied with International Financial Accounting Standards (IFRS 3).