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Emperador Acquires Mexican Mezcal Maker to Offset Slowing Spirits Sales
Emperador, Andrew Tan's liquor company, purchased a 60% stake in Mexico's Destileria Los Danzantes for $3.8 million, adding Mezcal brands Los Danzantes and Alipus to its portfolio to offset slowing brandy and whisky sales, impacting its nine-month 2024 profit by 29%.
Emperador Acquires Mexican Mezcal Maker to Offset Slowing Spirits Sales
Emperador, Andrew Tan's liquor company, purchased a 60% stake in Mexico's Destileria Los Danzantes for $3.8 million, adding Mezcal brands Los Danzantes and Alipus to its portfolio to offset slowing brandy and whisky sales, impacting its nine-month 2024 profit by 29%.
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