Fratelli Branca Distillerie s.r.l. is one of the most successful Italian businesses operating in the spirits sector. It is still privately owned, with 100% ownership by the Branca Family. Founded over 165 years ago in Milan, it is controlled and headed by the Branca family, now at the fifth generation. Their entrepreneurial story began in 1845, when Bernardino Branca invented the bitter liqueur that was to become popular all over the world: Fernet-Branca. Its unique and secret formula has been passed down to the present day and has stayed the same over the years. Niccolò Branca, Chairman of the Board is the main shareholder, with the majority of shares.