The Andresons Group Inc., an affiliate of Emperador Inc., has acquired 50 million common shares of the liquor company over the past two days, valued at P666 million.
Emperador said in a disclosure to the stock exchange that The Andresons Group bought 25 million shares each on May 19 and May 20, 2025, at P13.32 per share.
The purchases represent a combined 0.32 percent stake in Emperador Inc. Both The Andresons Group and Emperador are controlled by business tycoon Andrew Tan.
Both The Andersons Group and Emperador are controlled by business tycoon Andrew Tan.
Analysts said the move will strengthening Andrew Tan’s position in Emperador as the company ramps up its global expansion.
“This signifies Andrew Tan’s strong conviction in the business prospects of Emperador and perhaps a view that there is potentially significant upside from his acquisition price” China Bank Capital managing director Juan Paolo Colet said.
The firm earlier said it will further ramp up its global expansion, growing its vineyard portfolio in Spain with an additional 470 hectares of farmland while also expanding its presence in Mexico and doubling its distillery footprint in Scotland.
The share price of Emperador has significantly dropped since the start of the year as the company is expected to be affected by US trade policy under the Trump administration.
From 52-week high of P19.04, shares price Emperador dropped to a 52-week low of P11.26 apiece in March.
But while acquisition of The Andersons Group could help boost Emperador’s share price, this could bring down its public float to below 20 percent.
At present, Emperador’s public float is at 20.10 percent.
The liquor firm saw its net income increase by 6.5 percent in the first quarter of the year to P1.85 billion from P1.73 billion recorded in the same period last year.
Revenues inched up by 1 percent to P13.2 billion despite persisting soft demand in the global beverage alcohol industry and shifting spending habits and consumption patterns of consumers.
“The group remained resilient with its diversified product portfolio, which covers numerous price points, its wide distribution reach in over 100 global markets, and deep range of aging liquid stockholdings,” said Emperador.
