Andrew Tan boosts stake in Emperador

In a show of confidence in the company he built up from a small local player into a multi-billion, global brandy and whisky empire, tycoon Dr. Andrew Tan has bought P333-million worth of Emperador Inc. shares from the open market.

- By JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange (PSE), the liquor firm said Tan’s The Andresons Group purchased 25 million Emperador shares at P13.32 apiece on May 19, 2025. The shares are equivalent to 0.16 percent of Emperador’s outstanding shares.

After recent declines in earnings, Emperador ended the first quarter of 2025 on a high note, with net income improving by 6.5 percent to P1.85 billion as it ramps up its global expansion over the next five years.

The firm said it is further accelerating its international growth, expanding its vineyard portfolio in Spain with an additional 470 hectares (ha) of farmland, while also strengthening its presence in Mexico and doubling its distillery footprint in Scotland.

The global liquor giant sees its expansion continuing in the next five years, paving the way for significant growth in the near future.