LIQUOR SALES
Gruppo Campari wants to double African growth
The Italian liquor giant’s shift to its own distribution platform aimed at creating a launch pad for the African market
Italian liquor giant Gruppo Campari, which started handling its own distribution in SA at the start of 2017, aims to double its revenue flows from African markets in the next few years. Gruppo Campari CEO Bob Kunze-Concewitz said on Thursday that revenue derived from African markets — mainly SA, Nigeria, Angola as well as an East African presence — would in percentage terms represent high double digits of total sales generated in the group’s southern Europe, Middle East and Africa (Semea) segment. He said that in the six months to end-June, African business represented just 3% to 4% of the €258m sales generated in the Semea hub. The South African market was 1% of total sales. Gruppo Campari contests the super-premium liquor brand range and has carved strong niches in SA and Africa with brands such as Campari, Skyy Vodka, Aperol, sipping tequila Espolon, Bulldog Gin and Wild Turkey bourbon. Until the start of 2017, Gruppo Campari distributed its products in SA via local liquor firm E...
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