Emperador Inc. of tycoon Andrew Tan, through its wholly owned subsidiary, Emperador UK Ltd., has completed the acquisition of a 100-percent stake in Whyte & Mackay Group Ltd. and its subsidiaries last Oct. 31, for an enterprise value of £430 million or P31 billion. The agreement for acquisition was signed on May 9, 2014.
Whyte & Mackay is the fifth largest maker of Scotch whisky in the world with a history of more than 160 years and owns some of the most iconic Scotch brands in the industry, including the British luxury brand The Dalmore Single Highland Malt, Jura Premium Single Malt and Whyte & Mackay Blended Scotch whiskies.
Whyte & Mackay also holds one of the world’s largest aged whisky inventories.
The group has a production capacity of 50 million liters of alcohol a year with five distilleries and one bottling plant in Scotland. Whyte & Mackay produces a wide range of products sold in more than 50 countries, mainly in Europe and North America. It also has strong presence in the global travel retail space.
Tan, chair of Emperador, said: “Whisky is the second-largest selling liquor category in the world. We look forward to developing a scotch whisky drinking culture in the Philippines. We are going to officially launch and sell the existing Whyte & Mackay products, especially The Dalmore, Jura and Whyte & Mackay in the Philippines soon.”
The Dalmore brand, in particular, is unsurpassed in prominence and quality. Last year, a bottle of The Dalmore Brilliance, a one-of-a-kind 1926 single malt whisky, set a world record when it sold for 250,000 euros, or nearly P15 million, in a liquor sale at Amsterdam Airport Schiphol. It is considered the highest value sale of an individual liquor globally.
Tan added, “Emperador Inc. is privileged to bring The Dalmore to the Philippines. It is a very prestigious addition to our product portfolio.”