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Grupo Osborne Expands in Brazil

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Grupo Osborne Expands in Brazil

Grupo Osborne Expands in Brazil
July 05
11:36 2013

Grupo Osborne, the Spanish food and beverage group, has purchased 51% of Natique, a company founded in 1996 and engaged in the production and marketing of cachaça and vodka in Brazil. Cachaça is a traditional spirit in Brazil, made from fermented sugar cane. The purchase of a majority stake in Natique for an undisclosed sum enables Osborne to gain a competitive position within the Brazilian spirits industry.

Owner of brands such as Cinco Jotas, Sanchez Romero Carvajal, Anís del Mono, Veterano, Magno, Carlos I and Montecillo, Grupo Osborne had net sales of Eur222 million and an EBITDA of Eur32.5 million in 2012. The beverage unit represents 78% of the group’s business.

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