Andrew Tan Increases Emperador Inc. Stake
Tycoon Dr. Andrew Tan has recently acquired an additional ₱333 million worth of Emperador Inc. shares, bringing his total purchase over two days to ₱666 million. This active buying aims to reduce the company’s public float, pushing it closer to the mandatory 20 percent minimum public ownership threshold.
According to disclosures made to the Philippine Stock Exchange, Emperador’s affiliate, The Andresons Group, purchased 25 million shares on May 20, 2025, at ₱13.32 each. These shares represent 0.16 percent of Emperador’s outstanding stock. Combined with a similar acquisition on May 19, the affiliate now holds 50 million shares, equivalent to a 0.32 percent stake in the company.
Impact on Emperador Inc. Public Float
Local market analysts report that these purchases have decreased Emperador’s public float from 21.12 percent to 20.99 percent. If The Andresons Group continues to acquire another 195 million shares, the public float could drop to 19.998 percent, risking removal from key stock indices.
Following the May 20 acquisition, the public float stands at approximately 20.8 percent. Experts warn that a further acquisition of around 170 million shares could render Emperador non-compliant with public float rules. However, some financial directors believe the company remains compliant, though just barely within the threshold.
These ongoing share purchases highlight Andrew Tan’s strong confidence in Emperador’s future prospects, suggesting he anticipates considerable gains from his investment.
Emperador Inc. Financial Performance and Expansion
After a period of earnings decline, Emperador Inc. posted a robust first quarter in 2025, with net income rising 6.5 percent to ₱1.85 billion. This improvement coincides with the company’s plans to accelerate its global expansion over the next five years.
Emperador is actively broadening its vineyard holdings in Spain by adding 470 hectares of farmland. It is also expanding its footprint in Mexico and doubling production capacity at its distillery in Scotland.
Growth in Spain
The vineyard expansion in Spain is expected to significantly increase grape production, currently at about 17 million kilos per year. Emperador’s leading brand, Terry Centenario Brandy, contributed to a seven percent growth in volume and a 10.8 percent increase in value during the first quarter, despite a 6.3 percent decline in Spain’s overall spirits market.
Advances in Mexico and the UK
In Mexico, Emperador strengthened its position through subsidiary Casa Pedro Domecq’s acquisition of mezcal brands Los Danzantes and Alipus, which are slated for release in the Philippines this year.
Meanwhile, in the UK, Emperador is expanding The Dalmore distillery in Alness, Scotland, aiming to double its production capacity and enhance visitor experiences. The company is also enlarging its whisky maturation complex in Invergordon, increasing storage capacity for an additional 1.5 million casks.
The ongoing growth of Emperador’s subsidiary Whyte & Mackay further supports the company’s goal to meet rising global demand for single malt whiskies.
Looking Ahead for Emperador Inc. Public Float
Emperador Inc. President and CEO expressed confidence in their global growth strategy, stating, “Our ongoing expansions in the United Kingdom, Spain, and Mexico are testaments to our unwavering resolve to pursue our global aspirations.”
While the company’s expanding ventures promise significant growth, the steady reduction in public float due to share buybacks presents regulatory challenges that Emperador must navigate carefully.
For more news and updates on Emperador Inc. public float, visit Filipinokami.com.