Professional Documents
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Company Background
Philippines. Under the ownership of the Elizalde group, the Tanduay distillery
operated under the corporate name Tanduay Distillery, Inc. and became a successful
enterprise, producing quality rum and other distilled spirits for both domestic and
international markets.
Twin Ace Holdings Corporation, acquired the Tanduay brand and related assets of
Tanduay Distillery, Inc. from Elizalde & Company, Inc. The company produces and
distributes alcoholic beverages, such as rum, wine, brandy, gin, cocktail, whiskey and
vodka. It markets these products under various brands, including Tanduay, Gin
Kapitan, Tanduay Select, Boracay, London Premium, Cossack and Embassy. The
company operates production plants across Manila, Laguna, Negros Occidental and
Philippines. Tanduay Distilled Inc is making plans to venture into the US market to
grab a share of the latter’s growing base of rum consumer. It pursues its vision of