Campari in talks to acquire French drinks distributor

28 Jan 2020 , 2:03pm

Allen & Overy and Gide are heading up negotiations for the companies as Campari continues on the acquisition trail.

Italian drinks firm Campari Group is in talks to acquire its French distributor, Baron Philippe de Rothschild France Distribution. The company, which is wholly owned by Baron Philippe de Rothschild, has appointed French law firm Gide to advise on the exclusive negotiations with Campari Group.  Baron Philippe de Rothschild France Distribution S.A.S. (RFD) is a specialist in the distribution in France of wines, champagnes and spirits and distributor of Baron Philippe de Rothschild and Campari products in France.

RFD is a 100 per cent subsidiary of Baron Philippe de Rothschild S.A. The transaction remains subject to consultation of RFD and Baron Philippe de Rothschild S.A employees representative bodies and obtaining the authorisation of the French competition authority.

Gide's team advising Baron Philippe de Rothschild was headed by partner Anne Tolila, working with associate Pierre-Antoine Degrolard on M&A aspects; partner Magali Buchert on tax aspects; partner François Vergne on employment aspects; partner Thierry Dor on IT and data protection aspects; and counsel Laura Castex on aspects of competition law and commercial contracts. 

Allen & Overy is counsel to Campari Group, with a team headed in Paris by partner Alexandre Ancel, working with senior associate Anne-Caroline Payelle on M&A aspects; partner Florence Ninane and associate Alexandre Fall on competition aspects, as well as associate Faustine Piéchaud on IT and data protection aspects.

Campari Group is also advised by McDermott Will & Emery, with partner Antoine Vergnat on aspects of tax law, and Segur Avocats with partner Florence Achir on aspects of employment law.

Campari Group has been busy buying and selling recently. The company signed an agreement with Chevrillon Group to acquire French firm Rhumantilles, owner of the Trois Rivières and Maison la Mauny agricole rum brands, for €60 million. It also sold its French 188-year-old mansion, Villa Les Cèdres for €200m as part of the firm’s divestment of non-core assets related to its Grand Marnier liqueur acquisition.