Stock Spirits Group, which has its origins in a company founded in 1884 in Trieste, Austro-Hungarian Empire, is among the largest alcohol beverage companies in Europe. Since November 2022, Stock Spirits Group is owned by the private equity business, CVC Capital Partners.
History
Camis & Stock
In 1884, the Jewish
Lionello Stock and his partner Carlo Camis founded the steam wine distillery "Distilleria a vapore Camis & Stock".
The company's main product was cognac "Medicinal", which competed with French alternatives in the
Austro-Hungarian monarchy
Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe between 1867 and 1918. A military and diplomatic alliance, it consist ...
and
German Empire
The German Empire (),; ; World Book, Inc. ''The World Book dictionary, Volume 1''. World Book, Inc., 2003. p. 572. States that Deutsches Reich translates as "German Realm" and was a former official name of Germany. also referred to as Imperia ...
territory.
Stock
Camis left by 1906.
[ 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. As it was considered a Jewish company, the Nazis seized assets during the ]Second World War
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...
.[
]
Stock Spirits
In 2007 Oaktree Capital Management
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.
The firm was co-founded in 1995 by a ...
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 investm ...
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, Stock Spirits had completed the acquisition of the Créteil
Créteil () is a Communes of France, commune in the southeastern suburbs of Paris, Île-de-France. It is located from the Kilometre Zero, centre of Paris. Créteil is the ''préfecture'' (capital) of the Val-de-Marne Departments of France, dep ...
-headquartered spirits distributor, Dugas Company; the scotch whisky producer, Clan Campbell and the Bielsko-Biała
Bielsko-Biała (; ; , ; ) is a city in southern Poland, with a population of approximately 166,765 as of December 2022, making it the List of cities and towns in Poland#Largest cities and towns by population, 22nd largest city in Poland, and an 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,Keglevich
Keglevich is an Italian brand of vodka and fruit brandies.
History
Keglevich is a vodka brand of Stock, a liqueur company founded in 1884 by Lionello Stock. Keglevich Classic is distilled entirely from pure grain with the original recipe inve ...
, 1906, Stock Prestige, and Grappa Distillerie Franciacorta.
References
{{Authority control
Food and drink companies established in 1884
Companies listed on the London Stock Exchange
CVC Capital Partners companies