The monetary operation started in 2021 with the acquisition of a minority stake in Engine (25%) and a world distribution settlement.
Aldino Marzorati, Illva Saronno Holding chief government, mentioned: “The choice to accumulate Engine is an integral a part of our company technique, geared toward providing wonderful merchandise globally. Engine appeals to a global viewers, positioning itself as a particular product within the gin panorama, and we’re excited to carry it to the 160 international locations through which we at present function.”
Illva Saronno Holding will proceed the worldwide distribution of Engine. Within the UK market, distribution will proceed with Disaronno Worldwide UK, whereas in Italy, Velier will preserve its distribution.