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Company type | Privately held company |
---|---|
Industry | Beverage |
Founded | 1884 |
Headquarters | Warsaw, Poland |
Key people | Jean-Christophe Coutures, CEO [1] |
Revenue | 274,601,000 Euro (2017) ![]() |
29,881,000 Euro (2017) ![]() | |
11,329,000 Euro (2017) ![]() | |
Total assets | 682,825,000 Euro (2017) ![]() |
Number of employees | 1800 (2024) [2] |
Website | www.stockspirits.com/ |
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. [3]
In 1884 Lionello 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 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. [4]
In 2007 Oaktree Capital Management acquired Polmos Lublin in 2006 and merged it with Eckes & Stock, to create Stock Spirits Group in 2008. [5]
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. [6] In the same year Stock acquired the Novel Ferm, an ethanol manufacturing business located near Rostock in North Eastern Germany. [7]
The company was the subject of an initial public offering in October 2013. [8]
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. [9] The deal was completed in November 2021. [10]
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-headquartered vodka distiller, Polmos Bielsko-Biała. [11]
The company has a portfolio of more than 70 brands, present in over 50 countries worldwide including the US and Canada. [12] Company's brands include Żołądkowa Gorzka, [13] Lubelska, [14] Božkov, [14] Stock 84, [15] Limoncè, [15] Keglevich, [15] 1906, [15] Stock Prestige, [15] and Grappa Distillerie Franciacorta. [16]
Vodka is a clear distilled alcoholic beverage. Different varieties originated in Poland, Russia, and Sweden. Vodka is composed mainly of water and ethanol but sometimes with traces of impurities and flavourings. Traditionally, it is made by distilling liquid from fermented cereal grains and potatoes since the latter was introduced in Europe in the 18th century. Some modern brands use maize, sugar cane, fruit, honey, and maple sap as the base.
Bielsko-Biała is a city in southern Poland, with a population of approximately 166,765 as of December 2022, making it the 22nd largest city in Poland, and an area of 124.51 km2 (48.07 sq mi). It is the core of the broader metropolitan area with around 335,000 inhabitants. It serves as the seat of the Bielsko County, Euroregion Beskydy, Roman Catholic Diocese of Bielsko–Żywiec and the Evangelical Church Diocese of Cieszyn.
Diageo plc is a British multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world. It is a major distributor of Scotch whisky and other spirits. Distilleries owned by Diageo produce 40 percent of all Scotch whisky with over 24 brands, such as Johnnie Walker, J&B and Old Parr.
Żubrówka Bison Grass Vodka is a flavored Polish vodka which contains a blade of bison grass in every bottle. The Żubrówka brand name is also used on bottles of conventional vodka, labeled as Żubrówka Biała. The grass is sourced from the Białowieża Forest, hand-picked and dried under natural conditions.
Allied Domecq PLC was an multinational company, headquartered in Bristol, United Kingdom, that operated spirits, wine, and quick service restaurant businesses.
Pernod Ricard is a French company best known for its anise-flavoured pastis apéritifs Pernod Anise and Ricard Pastis. The world's second-largest wine and spirits seller, it also produces several other types of pastis.
Billabong International Limited is an Australian company focused on surfing, primarily a clothing retailer that also produces accessories, such as watches and backpacks, and skateboard and snowboard products under other brand names. Founded in 1973 by Gordon and Rena Merchant, the company first traded on the Australian Securities Exchange in August 2000. The name "billabong" is derived from the Wiradjuri word bilabaŋ that refers to a "creek that runs only during the rainy season". As of September 2013, Von Zipper and Element were two of the prominent brands that Billabong owns. Honolua Surf Company, Kustom, Palmers Surf, Xcel, Tigerlily, Sector 9, and RVCA were the company's other brands. In 2018, Billabong International Limited was acquired by Boardriders, Inc, owner of rival brand Quiksilver.
Polmos was a Polish state-owned monopoly, controlling the Polish market for alcoholic beverages. Founded in the late 1920s, until World War II it was one of the leading vodka producers in Poland. Distilleries of Polmos were relatively modern and efficient at that time so the company exported its products to some European countries.
Oaktree Capital Management, Inc. is an American global asset management firm specializing in alternative investment strategies. As of September 30, 2024, the company managed $205 billion for its clientele.
CVC Capital Partners plc is a Jersey-based private equity and investment advisory firm with approximately €186 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European, and Asian private equity, secondaries, credit funds and infrastructure. As of 31 December 2021, the funds managed or advised by CVC are invested in more than 100 companies worldwide, employing over 450,000 people in numerous countries. CVC was founded in 1981 and, as of 31 March 2022, has over 850 employees working across its network of 25 offices throughout EMEA, Asia and the Americas.
The Polmos Łańcut distillery is one of the oldest producers of liquors and liqueurs in Poland. A small amount of the distillery's output is exported to Belgium, the Netherlands, France, Great Britain, Germany, Italy, and the United States.
Fernet Stock is a herbal bitters made in Plzeň, Czech Republic. It is flavoured with approximately 14 herbs, imported from the Mediterranean and the Alps. It is also available in a sweeter form as Fernet Stock Citrus. The original Fernet is approximately 40% alcohol, whereas the Citrus is a lower 30%.
Davide Campari-Milano N.V., trading as Campari Group, is an Italian company active since 1860 in the branded beverage industry. It produces spirits, wines, and non-alcoholic apéritifs. From its signature product, Campari, its portfolio has been extended to include over 50 brands, including Aperol, Appleton, Cinzano, SKYY vodka, Espolón, Wild Turkey, Grand Marnier, and Forty Creek whisky.
Luxco, Inc. is an American privately owned producer and marketer of distilled beverages and liqueurs based in St. Louis, Missouri. It has been owned by MGP Ingredients since 2021.
The Eckes-Granini Group GmbH is the largest corporate group specialized in the production of fruit juice in Europe. Eckes AG is based in Nieder-Olm in the Rhine-Hesse region and was once actively involved in beverage production, now serves as the group's financial holding company. Founded as a family-owned enterprise in 1857, Eckes AG has since sold off its German and international spirits business and focused exclusively on the production and sale of fruit beverages through the Eckes-Granini Group. Following the acquisition of the international brand Granini in 1994, Eckes-Granini GmbH & Co. KG was established as an independent producer and distributor of juices and fruit beverages.
Sazerac Company, Inc. is a privately held American alcoholic beverage company headquartered in Metairie in the metropolitan area of New Orleans, Louisiana, but with its principal office in Louisville, Kentucky. The company is owned by billionaire William Goldring and his family. As of 2017, it operated nine distilleries, had 2,000 employees, and operated in 112 countries. It is one of the two largest spirits companies in the United States, with annual revenue of about $1 billion made from selling about 300 beverage brands.
Polmos Białystok is one of the largest producers of alcoholic beverages in Poland. As of 2010, the firm's president was Henryk Wnorowski. Between 2005 and 2007 the company's stock was traded on the Warsaw Stock Exchange.
Lionello Stock (1866–1948) was an Italian industrialist, businessman and owner of the Camis & Stock company.
United Spirits Limited, abbreviated to USL, is an Indian alcoholic beverages company, and the world's second-largest spirits company by volume. It is a subsidiary of Diageo, and headquartered at UB Tower in Bangalore, Karnataka. USL exports its products to over 37 countries.