Filipino-owned Emperador buys Mexico’s No. 1 brandy
AS part of its aggressive global expansion, Filipino liquor company Emperador, through its Spanish subsidiary Bodegas Las Copas, is purchasing the Domecq brandies and wines of Pernod Ricard in Mexico.
The landmark buyout includes Mexican brandy brands Presidente, known to be Mexico’s No. 1 selling brandy, Azteca de Oro and Don Pedro.
This gives Emperador access to the brandy market in Latin America, particularly Mexico, where the Domecq brandies take half of the entire brandy market. Latin American countries have a population of over 600 million to date.
“This recent acquisition fits perfectly with our strategy to fortify Emperador’s status as the no.1 brandy company in the world,” says Winston Co, president of Emperador Inc.
“The entry into Mexico will strengthen Emperador brandy’s global position through Presidente brandy, which is Mexico’s no. 1 locally produced brandy,” adds Richard Lañeda, senior analyst of the COL Financial Group.
In February this year, Emperador also completed the purchase of the brandy and sherry businesses of Beam Spain, S.L., which include four iconic brands – Fundador, the oldest and largest Spanish brandy in the world; Terry Centenario, the No. 1 brandy in Spain; Tres Cepas, the largest selling brandy in Equatorial Guinea; and Harveys, the no. 1 selling sherry wine in the world.
Emperador also operates a global Scotch whiskey business, which Emperador bought in 2014. Whyte and Mackay has a rich heritage of a Scottish spirits, which is the fifth largest Scotch whiskey manufacturer in the United Kingdom with prestigious brands like The Dalmore, Jura Single Malt Whisky, Mackinlay’s Shackleton Malt Whisky, Whyte & Mackay Scotch Whisky, and Vladivar Vodka. Emperador brands are available in 100 countries. (PR)