Emperador Brandy Inc Philippines for Globalization

A P17.6 Billion investment acquired in the beverage firm, in particular to Emperador Inc., increasing its financial agility in global market. Emperador is the world’s biggest brandy producer. It sold about 33 Million cases of brandy in the last year’s market proper. Cornering almost 50 percent of the total spirit volume in the Philippines.

Emperador Light, Emperador’s leading product has recorded an annual growth rate of 53 percent since its release in 2010.

Andrew Tan, one of the leading business Tycoon investor in Singapore, was taken as a minority investor in Emperador Inc.. Singapore’s sovereign fund GIC Private Ltd. permitted P17.6B, in mix of equity and securities that are convertible to stocks at P11 per share. This convertible investment also acquired P4.4B investment with the same price per of P11 per share over the next 13 months along with the disclosure to the Philippine Stock Exchange.

The option of converting securities into shares will be used more in Emperador, giving the Sovereign fund an 11.76 percent interest.

All these will come independently from the beverage firm. The said contract is expected to be completed this November.