Illva Saronno Buys Majority Stake in Sagamore Spirit

Dear Client: Illva Saronno Holding S.p.A has acquired a majority stake in Maryland-based Sagamore Spirit, WSD has learned, strengthening Ilva Saronno's presence in the US. No financial details were disclosed. "We are thrilled to announce this transaction, which supports our portfolio strategy to acquire high growth, attractive margin brands, and in this case, broaden our offering into the premium American whiskey segment," says ceo Aldino Marzorati. "We have built a strong presence with Disaronno International LLC in the US market, and