The Philippine spirit company has brands such as Bundador Brandy and Dalmore Whiskey.
Provided by Emperador
Emperador is the global wine institution of the Alliance of Billionaire Andrew Tan. They purchased most of the shareholders of the Destileeria Los Danzantes of Mexico, added the Mezcal brand and expanded their wine product combination.
Emperador said in a statement from the Philippine Stock Exchange that the emperor's Mexican subsidiary Casa Pedro Domecq acquired 60 % of Los Danzantes at a price of 80 million Mexican peso ($ 3.8 million).
“This also enabled us to get a brand new spirit and new market,” Kevin Tan, president and CEO of Alliance Global and the heirs of billionaires, said in a text message. Forbes AsiaEssence “This time, like the others we have made in the past, it shows huge opportunities to develop brands.”
Emperador said that with its high -end Mezcal Brands Los Danzantes and Alipus, they are all rated as the top ten best -selling Mezcal brands by industry surveys. Therefore, Los Danzantes is an important participant in the global industry with rapid development. It added that these two brands were exported to more than 20 countries and sold in many top bars in the world.
Winston Co, President of Emperador, said in a statement: “We are glad to invest in Los Danzantes. This is a company dedicated to retaining the traditional production of Artisanal Mezcal.” Further expand and strengthen the premium and internationalization strategy of Emperador. “
The emperor who listed in the Philippines and Singapore said that its capital infusion will support Los Danzantes by further developing its brand distribution and promotion.
The emperor's stock price fell 6.9 %, and the stock price of the Global stock of the Parent Alliance fell 15 %, because some analysts suspected that Messcar's acquisition would offset the sagging of Bailan Di and whiskey sales.
AP Securities research director Alfred Benjamin Garcia said: “This may further diversify Emperador's products and offset the slowdown in the growth of the core category of Bailan Di and whiskey.” Expansion and excessive stretching, so
Emperador's 9 -month profit in 2024 fell 29 %, and the profit of a year ago decreased to 4.79 billion pesos ($ 82 million). As the demand for the global spiritual market continued to increase, the cost of life and raw materials increased. The income dropped by 8.2 % to 42.52 billion pesos. Emperador released the 9 -month results in 2024 in November that during this period, Bai Landi's sales fell 10 %, while whiskey revenue fell 6 %.
Emperador said in November: “In most global markets (for Bailan, including Bailan, including Spain, Mexico and the Philippines), as consumers change into alternatives with consumers, China's trade conditions are difficult. Sales of Asia Scottish whiskey, -Paca and North America.
The old -fashioned tan made money from the real estate. He built the emperor by acquiring WHYTE & Mackay, a manufacturer of luxury whiskey Dalmore by acquiring Spain's Fundador Brandy and Scottish.
In addition to the emperor, Tan's interests also include real estate developer Megaworld, which first developed the country's mixed houses, business and tourism. He also owns a shares in the Philippine franchise operator in McDonald's Philippine franchise and casino resort. According to the 73 -year -old Tan's net assets of about 1.6 billion US dollars. Forbes'Real -time data.
