Campari Partners With China’s Wuliangye
Italian spirits company Campari has formed a strategic partnership with Chinese liquor producer Sichuan Yibin Wuliangye Group to jointly boost presence in the Chinese and global spirits markets.
The two companies will collaborate in areas such as new product development, channel expansion, marketing cooperation, and brand promotion.
This partnership will allow Campari to leverage Wuliangye’s expertise in the Chinese Baijiu market, while Wuliangye will gain access to Campari’s portfolio of Western spirits brands.
The partnership is expected to benefit consumers in China and abroad, as they will have access to a wider variety of spirits products.
Additionally, the two companies plan to develop and co-create new products that are suitable for different occasions.
Bob Kunze-Concewitz, CEO of Campari Group said the spirit of cooperation between Campari and Wuliangye is rooted in deep respect for each other’s strengths and reflects the shared values of pragmatism and agility.
Related news
McDonald’s USA, Syngenta and Lopez Foods Collaborate to Help Produce Beef More Sustainably in the US
Syngenta, McDonald’s and Lopez Foods announce collaboration aimed at helping…
Read more >Lidl Parent Schwarz Group Partners With Google For Advanced Cybersecurity
Lidl and Kaufland parent Schwarz Group has announced a long-term…
Read more >A new soft drink in the Fornetti range: an agreement with the Sparkly brand
Since September, the Sparkly soft drink brand, founded by WhisperTon,…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >