The corporate has taken a reported 14.6% stake in Capevin, the South African holding firm that owns CVH Spirits, from ODC (BidCo), for £69.6m.
Scottish enterprise CVH Spirits owns manufacturers reminiscent of Deanston, Tobermory and Ledaig, in addition to Scottish Chief and Black Bottle.
Campari already has distribution rights for CVH Spirits’ portfolio in France and South Korea.
Campari has additionally “exercised its proper to nominate a board member and has further governance rights to guard its minority place”, the group mentioned.
The transaction was financed utilizing accessible money.
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