- CEO
- Edelberto Baracco
- Full Time Employees
- 95
- Sector
- Distribution services
- Industry
- Food distributors
- Address
- Via Ribes, 3 Colleretto Giacosa TO Italy 10010
- IPO Date
- Jul 28, 2021
- Business
- Compagnia dei Caraibi S.p.A. (TIME.MI) specializes in the import, distribution, brand development, and production of premium, super-premium, and ultra-premium spirits, wines, craft beers, and soft drinks primarily in Italy with selective international operations. Founded in 1995 and headquartered in Vidracco with operational facilities in Colleretto Giacosa and Turin, Italy, the company offers a portfolio exceeding 1,600 references across more than 270 brands from 51 countries; spirits including gins (e.g., Gin Mare, Citadelle, Sabatini, Martin Miller’s), vodkas (e.g., Tito’s), rums (e.g., Diplomatico, Plantation, Dictador, El Dorado), whiskies, liqueurs, cognacs (e.g., Pierre Ferrand), tequilas, and own-label products such as Riserva Carlo Alberto vermouth, Salvia & Limone liqueur, Amaro Mandragola, and Bitter Rouge; wines encompassing its Elemento Indigeno selection; craft beers; and soft drinks like sodas and waters, distributed through direct channels (retail, HoReCa, large-scale retail, e-commerce via Oroboro.it and Dispensa platforms) and indirect channels (wholesale, cash & carry) targeting consumer and professional markets. In recent developments, the company lists on Euronext Growth Milan in July 2021 raising €13.8 million, achieves B Corp certification in September 2023, acquires stakes in Amari & Affini S.r.l. (up to 30%, September 2023) for premium spirits expansion, We r-eticsoul S.r.l. (€1.03 million, March 2023) for omnichannel growth including 84% of Ribelli Digitali digital marketing agency, and Elephant Gin GmbH (initial 51.6% for €7.8 million by July 2023, later divested following bankruptcy in 2024); enters wine production via 8 acres in Langhe (June 2023); launches exclusive distribution for Sabatini Gin and Dictador Rum (March 2024); secures convertible bond issuances totaling €4.5 million (June-December 2024) from partners like Vecchio Magazzino Doganale and Destillers United; announces non-renewal of Brown-Forman brands distribution (Gin Mare, Diplomatico, Fords Gin) effective May 2025 impacting circa 35% of prior revenues; divests 50% of CdC Deutschland GmbH (December 2024) and 75% of Have Fun S.a.r.l. (January 2025 for €0.7 million) to streamline operations; and signs exclusive Italian distribution for Zamora’s Licor 43 and Villa Massa effective January 2026 while releasing Oroboro #4 magazine in October 2025 focused on premium beverage trends. The Benefit Company structure supports its sustainability initiatives across energy, mobility, waste, and plastics reduction, positioning it as a dynamic player in the premium beverage sector with proprietary brands emphasizing Italian aperitifs, low-alcohol, and ethical production.