Tannico
Convenience Stores, Gas Stations & Liquor Stores · Italy · 11-50 Employees
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Overview
Headquarters
Via Visconti Di Modrone 12, Milano, Lomb...Phone Number
+39 287187750Website
www.tannico.itRevenue
$6.2 MillionIndustry
ZI Rank: 1
Signal Type
Jan
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ZI Rank
1
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About Tannico
Founded in 2013, Tannico is a market leader in online sales of wines and premium spirits in Italy, with a market share of over 30%. Its offering includes 14,000 wines from over 2,500 domestic and international wineries. In addition to wines, the offering includes highend spirits. The company also has expanded into B2B, offering professional operators with value-added services in areas such as assortment and warehouse management as well as tailored delivery solutions. In 2019, Tannico achieved net sales of €20.6m (under local GAAP). Net sales CAGR for the past three years (2016-2019) was approximately 50% and such trend grew in Q1 2020, also due to the COVID19 emergency, approximately reaching break-even from a profitability standpoint. Since 2017, the company has expanded its presence to more than 20 markets, including USA, Germany, UK, and France. Tannico held €1.6 million net cash as of 31 December 2019.Explore more
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Tannico financials insights
Gather financial insights about Tannico, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2016
Series A
$4.3M
Tannico Tech Stack
A closer look at the technologies used by Tannico
Tannico News & Media
Moët Hennessy and Campari Group to partner in a 50/50 joint venture to create a premium pan-European Wines & Spirits e-commerce player through Tannico
PARIS, July 12, 2021 /PRNewswire/ -- Moët Hennessy and Campari Group are pleased to announce the formation of a 50/50 joint venture (JV) with the purpose of investing in Wines & Spirits e-commerce companies and build a European e-commerce pure player in this growing category. To view the...Campari Group Acquires 49% Stake in Tannico, for €23.4M
Beverage company Campari Group acquired a 49% stake in Tannico S.p.A., a Milan, Italy-based e-commerce platform for wines and premium spirits in Italy. The overall consideration for the 49% interest is €23.4m, which will be financed through available resources and will be paid using cash. Sellers in the deal included CEO Marco Magnocavallo, Programma 101 […] The post Campari Group Acquires 49% Stake in Tannico, for €23.4M appeared first on FinSMEs.
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Frequently Asked Questions Regarding Tannico
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Founded in 2013, Tannico is a market leader in online sales of wines and premium spirits in Italy, with a market share of over 30%. Its offering includes 14,000 wines from over 2,500 domestic and international wineries. In addition to wines, the offering includes highend spirits. The company also has expanded into B2B, offering professional operato... Read More
