Emperador buys majority of mezcal business Destileria Los Danzantes
Under the terms of the deal, the company has taken a 60% stake in Los Dazantes for 80m pesos ($3.7m).
31 January 2025
31 January 2025
Under the terms of the deal, the company has taken a 60% stake in Los Dazantes for 80m pesos ($3.7m).
The Johnnie Walker maker said the new site would “enhance” its supply chain operations in North America and “support” future growth in its export business.
The company’s export revenues, which account for 52.6% of its volumes, fell by 11.8% year-on-year.
The company said it had “secured the future” of Magic Rock and Fourpure, which will join brands such as Black Sheep Brewery in its craft beer portfolio.
Tequila and canned cocktails saw volume sales grow last year, the figures showed.
McCrackens, set up in 2018, is launching its McCrackens IPA and its Premium Pilsner in New York, Philadelphia and Boston.
Atomo is already on sale at several off-trade locations globally, including a fresh listing this week at specialist roastery Hagen Espresso Bar in London.
The Netherlands-based financial-services group pointed to regulatory pressure, the costs associated with the energy transition and higher interest rates.
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