Stock Spirits Group, which has its origins in a company founded in 1884 in Trieste, Italy, is among the largest alcohol beverage companies in Europe. As of November 2022 Stock Spirits Group was owned by the private equity business, CVC Capital Partners.
History
Stock history
In 1884
Lionello Stock
Lionello Stock (1866–1948) was an Italian industrialist, businessman and owner of the Camis & Stock company (now Fernet Stock).
Family antecedents
Born in Split, Croatia, Split on 16 December 1866 to Abramo and Gentile (née Valenzin), Stock ...
and his partner Carlo Camis founded the steam wine distillery "Distilleria a vapore Camis & Stock". His company's main product was cognac "Medicinal", which competed with French alternatives in the
Austro-Hungarian monarchy and
German Empire
The German Empire (),Herbert Tuttle wrote in September 1881 that the term "Reich" does not literally connote an empire as has been commonly assumed by English-speaking people. The term literally denotes an empire – particularly a hereditary ...
territory. By the 1920s the Stock company was one of the largest companies of its kind in Europe. In 1920, after Austro-Hungarian monarchy collapsed, Stock bought a distillery factory at Plzeň Božkov (in the then Czechoslovakia). Stock eventually came to own a network of distilleries, bottling plants and ageing facilities in Italy, Austria, Poland, Hungary and Croatia. He also expanded business and established an outpost in New York City, United States.
Stock Spirits Group
In 2007
Oaktree Capital Management
Oaktree Capital Management is an American global asset management firm specializing in alternative investment strategies. As of March 31, 2022, the company managed $164 billion for its clientele.
The firm was co-founded in 1995 by a group that ...
acquired Polmos Lublin in 2006 and merged it with Eckes & Stock, to create Stock Spirits Group in 2008.
In 2009 Stock Spirits Group established its own distribution businesses in Croatia, Bosnia and Herzegovina. In 2012, the Stock Spirits Group completed acquisition of Slovak company Imperator Ltd located in Drietoma, Slovakia. In the same year Stock acquired the Novel Ferm, an ethanol manufacturing business located near Rostock in North Eastern Germany.
The company was the subject of an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
in October 2013.
On 12 August 2021, Stock Spirits' board of directors accepted a £767 million takeover bid by private equity firm CVC Capital Partners, whereby shareholders would receive 377p per share. The deal was completed in November 2021.
In September 2023, it was announced Stock Spirits had completed the acquisition of the
Créteil-headquartered spirits distributor, Dugas Company; the scotch whisky producer, Clan Campbell and the
Bielsko-Biała
Bielsko-Biała (; cs, Bílsko-Bělá, german: Bielitz-Biala, szl, Bjylsko-Bjoło) is a city in southern Poland, with a population of approximately 168,319 as of December 2021, making it the 22nd largest city in Poland, and an area of . It is a ...
-headquartered vodka distiller, Polmos Bielsko-Biała.
Operations
The company has a portfolio of more than 70 brands, present in over 50 countries worldwide including the US and Canada. Company's brands include Żołądkowa Gorzka,
Lubelska,
Božkov, Stock 84,
Limoncè, Keglevich, 1906, Stock Prestige, and Grappa Distillerie Franciacorta.
References
{{Authority control
Food and drink companies of England
Food and drink companies established in 1884
1884 establishments in England
Companies listed on the London Stock Exchange
Companies in the PX Index