{"id":331393,"date":"2025-02-05T23:22:31","date_gmt":"2025-02-05T15:22:31","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=331393"},"modified":"2025-02-05T23:38:42","modified_gmt":"2025-02-05T15:38:42","slug":"trade-the-news-emi-acquires-luxury-mezcal-company-in-mexico","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-emi-acquires-luxury-mezcal-company-in-mexico\/","title":{"rendered":"Trade the News: EMI acquires luxury mezcal company in Mexico"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>DIGIPLUS Interactive Corp.<\/td><\/tr>
Stock Code<\/strong><\/td>EMI<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Hold<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 15.03<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Emperador Inc. (EMI), the global brandy and whisky conglomerate led by tycoon Andrew Tan, is expanding its premium product portfolio with the majority acquisition of a Mexican company that owns premium mezcal brands.<\/p>\n\n\n\n

Emperador, through its Mexican subsidiary Casa Pedro Domecq, acquired 60 percent of Destileria Los Danzantes S.A. de C.V. for 80 million Mexican pesos.<\/p>\n\n\n\n

Emperador\u2019s capital injection will support Los Danzantes by further developing the distribution and promotion of their brands.<\/p>\n\n\n\n

A significant player in the fast-growing global mezcal industry, Los Danzantes owns premium brands Los Danzantes and Alipus.<\/p>\n\n\n\n

Both brands have been named among the top 10 best-selling and top 10 trending mezcal brands by industry surveys in recent years.<\/p>\n\n\n\n

The products are exported to over 20 countries and are featured in many of the world\u2019s top bars.<\/p>\n\n\n\n

\u201cWe are excited to invest in Los Danzantes, a company that is committed to keeping the tradition of artisanal mezcal production,\u201d Emperador president Winston Co said.<\/p>\n\n\n\n

Co said the addition of luxury mezcal to the group\u2019s whisky and brandy portfolio further strengthens the premiumization and internationalization strategy of Emperador.<\/p>\n\n\n\n

\u201cAs we join Los Danzantes in this growth journey, we will continue to safeguard and protect the traditions, heritage, land, people and resources that make this world-class mezcal,\u201d he said.<\/p>\n\n\n\n

Emperador, a publicly-listed company at both the Philippine Stock Exchange and the Singapore Exchange, owns Emperador Brandy, the world\u2019s best-selling brandy.<\/p>\n\n\n\n

Its portfolio of iconic brands also includes Fundador Brandy, The Dalmore, Fettercairn, Jura and Tamnavulin Single Malt Scotch whiskies.<\/p>\n\n\n\n

(News Source: Philippine Star<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-331393","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=331393"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331393\/revisions"}],"predecessor-version":[{"id":331395,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331393\/revisions\/331395"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=331393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=331393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=331393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}