Punt e Mes is an Italian vermouth. It is dark brown in color and has a bitter flavour. Punt e Mes literally means “point and a half” in Piedmontese. It has been said that it owes its name to a sudden raise of the stock market (naturally, of a point and a half) which greatly benefitted the Carpano distilleries, which then created the vermouth brand to commemorate the occasion. Alternatively it may refer to the flavor being characterised as one â€pointâ€ of sweetness and half a point of bitterness. It can be used as a substitute for regular rosso vermouth in such drinks as the Americano, Manhattan and Negroni. Punt e Mes has a strong, distinctive flavour, half-way between regular rosso vermouth and Campari. Punt e mes was made by the Carpano family from Turin until 2001, when Distillerie Fratelli Branca of Milan bought them.