Emperador Inc., the liquor unit of tycoon Andrew Tan, reported a 6.5 percent increase in first quarter net income to P1.85 billion on the back of an aggressive global expansion across key liquor markets.
The quarterly performance reflects Emperador’s intensifying international push, marked by strategic vineyard acquisitions in Spain, a growing mezcal portfolio in Mexico, and significant infrastructure development in Scotland.
“Our ongoing expansions in the United Kingdom, Spain, and Mexico are testaments to our unwavering resolve to pursue our global aspirations,” said Emperador president and chief executive officer Winston Co.
In Spain, the acquisition of 470 hectares of vineyard farmland is expected to substantially increase grape farming output beyond its current 17 million kilos annually. Despite a 6.3 percent decline in Spain’s overall spirits market, Emperador managed a 7 percent growth in volume and a 11 percent rise in value, driven by strong consumer demand for its flagship Terry Centenario Brandy.
Meanwhile, in Mexico, Emperador’s acquisition of mezcal makers Destileria Los Danzantes—through its subsidiary Casa Pedro Domecq—cements its position in the artisanal spirits segment. The inclusion of Los Danzantes and Alipus, both top-rated mezcal brands, is expected to resonate with emerging markets like the Philippines.
In Scotland, expansion efforts continue at The Dalmore and Invergordon distilleries, with the latter doubling its whisky maturation footprint to meet rising global demand. These developments also support Whyte & Mackay’s broader strategy to reinforce its premium single malt presence globally.
With these moves, Emperador is setting the stage for long-term international growth.
