Campari, a company that makes drinks like Aperol and Campari, is changing its plans. They used to buy lots of other companies to grow, but now they're going to focus on their best drinks. The new boss wants to pay off some debts first.
- Campari is pausing buying other companies to focus on its current brands.
- They want to reduce their debt.
- They might sell some brands that only sell well in one place.
- They're worried about new taxes in the U.S. that could make their drinks more expensive.
| Fact | Number/Detail |
|---|---|
| Debt level (end of last year) | 3.2 times core profit |
| Cost of last big purchase (Courvoisier) | $1.2 billion |
| Growth strategy change | From 50% via acquisitions to focusing on existing brands |
