Tuesday, January 15, 2013

AGI- Emperador acquires Spanish brandy maker

MANILA –Emperador Distillers Inc has moved to acquire a Spanish brandy maker that will increase the Philippine listed firm's competitiveness in the international market.

In a disclosure to the Philippine Stock Exchange, the wholly owned subsidiary of Alliance Global Group Inc said it entered into an agreement with González Byass S.A., one the largest and oldest liquor and wine conglomerates in Spain, for the acquisition of 100 percent of the latter's unit Bodega San Bruno S.A., a brandy company based in Jerez, Spain.

http://www.interaksyon.com/business/52640/emperador-acquires-spanish-brandy-maker

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