The Garavoglia family, controlling interests in Campari, is facing a massive tax bill of €1.29 billion after Italian authorities seized shares worth the same amount from their Luxembourg-based holding company, Lagfin. The authorities claim that Lagfin committed tax fraud by failing to declare the exit tax resulting from a 2020 merger between two companies.
The Garavoglia family denies any wrongdoing and plans to defend itself vigorously against the charges. Campari itself says it was not involved in the case and is cooperating with the investigation.
Source: https://www.thedrinksbusiness.com/2025/11/camparis-controlling-family-faces-e1-29-billion-tax-seizure