Emperador €325 million acquisition of Beam Suntory’s Spanish brandy and sherry business

Overview:

• Emperador—and its Spanish subsidiary Grupo Emperador Spain—has reached an agreement with Beam Spain, Beam Suntory UK, Beam Suntory UK Holdings and Beam Suntory to acquire Beam Suntory’s Spanish brandy and sherry business for €325 million.
• The acquisition includes the iconic brands of Fundador; Terry Centenario; Tres Cepas; and Harvey’s Sherry.
• The acquired assets include Bodegas Fundador and Pedro Domecq which were established in the year 1730, ancillary production facilities in Jerez, ageing cellars, vineyards and blending and bottling facilities. The assets also include a brandy distillery at Tomelloso as well as sufficient ageing inventory of brandy and sherry to drive future growth. 

Adam Majeed - Regional editor