Emperador Inc., the Philippines’ largest liquor producer owned by Dr. Andrew L. Tan, has recently acquired Spain’s largest and oldest brandy, Fundador in an ‘all-cash’ deal from US-based Beam Suntory, Inc. for €275 million (USD291 million). The acquisition will further strengthen Emperador’s position as the number one brandy company in the Philippines and in the world thus building a global liquor empire.
It was noted that Emperador paid £430 million (USD649.18 million) for Scottish whisky maker Whyte and Mackay and €60 million (USD63.53 million) for half of Spanish brandy producer Bodega Las Copas. Emperador is now one of the largest foreign investors in Jerez, the brandy capital of Spain.
“With the combined global reach of Whyte and Mackay and Fundador, our expanded product portfolio will have access to more than 100 countries international,” the company said.
Emperador brandy accounts for seven out of ten liquor bottles sold in Manila, the company has claimed.
Other acquired assets are Bodegas Fundador, Spain’s largest and oldest brandy cellar and a brandy distillery in Tomelloso, Spain which also has sufficient inventory of brandy and sherry.
Emperador is a wholly owned subsidiary of Alliance Global Group, one of the Philippines’ major conglomerates that operates a diversified range of market-leading businesses which includes Megaworld Corporation (real estate), Golden Arches Development Corporation, master franchise holder of McDonald’s in the Philippines (quick-service restaurants) and Travellers International (tourism-entertainment and gaming property).