STOCK SPIRITS GROUP focuses on further growth and strengthens its focus in Hamburg
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Last year, the Hamburg-based spirits company BORCO was acquired by the international Stock Spirits Group. The Stock Spirits Group is one of the largest producers and marketers of alcoholic beverages in Europe and has set itself the goal of becoming the leading company for mainstream spirits in Europe by 2027. In addition to the acquisition of BORCO, the group has also taken over three other European companies.
Founded in 1884, the group currently has nine branches in Europe and employs around 1,800 people. The group's largest markets include Poland, France, Italy, Germany and the Czech Republic. The Stock Spirits Group's portfolio comprises over 70 brands that are market leaders in their respective markets. In November 2021, Stock Spirits was acquired by CVC Capital Partners.
With a particular focus on the Hamburg-based company BORCO and the German market, the Group is continuing its expansion strategy and has taken the next decisive step in the integration process: the company name has been adapted to the Group and is now "STOCK SPIRITS". "The change of name represents an important milestone in our transformation into the Stock Spirits Group. We are now operating under one name, creating a common identity as 'One Stock One Spirit'," says Nicolas Rampf, Managing Director of STOCK SPIRITS. "From the outset, it was very important to us to pool our strengths and create synergies. Now we can act as a cohesive unit, drive the integration forward even faster and better and further expand our position in the industry. We are also planning further investments in Germany, which are an important part of our growth strategy," he continues.
The Group is optimistic about the future and is determined to further expand and strengthen its position on the German market.
