History
Cinzano vermouths date back to 1757 and the Turin herbal shop of two brothers, Giovanni Giacomo and Carlo Stefano Cinzano, who created a new "vermouth rosso" (red vermouth) using "aromatic plants from the Italian Alps in a recipe combining 35 ingredients (including marjoram, thyme and musk yarrow)". What became known as the "vermouth of Turin" proved popular with the bourgeoisie of Turin and, later, Casanova.
Cinzano Bianco followed, based on a different combination of herbs that included artemisia (wormwood), cinnamon, cloves, citrus and gentian; it was followed by an Extra Dry version. Exports began in the 1890s, to Argentina, Brazil and the USA, among others. In Paris in 1912, Cinzano was the first product to be advertised with a neon sign.
Cinzano remained a family-run business until 1985. Beginning that year, the Marone family, Turin industrialists, began to sell shares in the business, culminating in 1992 with an agreement to turn Cinzano International S.A. entirely over to International Distillers & Vintners, a wholly owned subsidiary of Grand Metropolitan. At the time of its sale, Cinzano's share of the vermouth market in Europe was measured in the low single digits, sales that placed it a distant second to Martini.
As a result of a 1997 merger, Grand Metropolitan became Diageo; two years later, Diageo sold Cinzano to the privately held Gruppo Campari.
Read more about this topic: Cinzano
Famous quotes containing the word history:
“The history of philosophy is to a great extent that of a certain clash of human temperaments.”
—William James (18421910)
“Both place and time were changed, and I dwelt nearer to those parts of the universe and to those eras in history which had most attracted me.”
—Henry David Thoreau (18171862)
“I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.”
—Camille Paglia (b. 1947)