|
On 15 July 2025, the Board of Directors of The Keepers Holdings, Inc. held a special meeting where it approved the company's proposed acquisition of Cervia Global Trading, Inc., another domestic corporation. The Company's Board of Directors likewise appointed its attorney-in-fact and authorized signatory for the said transaction.
The acquisition of a 50% stake in Cervia Global Trading, Inc. gives The Keepers Holdings, Inc. a strategic entry point into the premium local spirits market, while also positioning the company for growth in international markets. The terms and conditions of the transaction: Number of shares to be acquired or disposed: 125,000 Percentage to the total outstanding shares of the company subject of the transaction: 50% Price per share: P320 The Keepers Holdings, Inc. shall pay cash to Mr. Caesar R. Certeza, Mr. Mark Daniel L. Rivera, Mr. Vernon A. Carandang, and Ms. Margherita Y. Rauto in exchange of their respective shareholdings, totaling to fifty percent (50%) of the subscribed and outstanding capital stock of Cervia Global Trading, Inc. Cervia Global Trading, Inc. is a domestic corporation and the company behind the world-class Filipino liqueur brand “SULÀ”. It is dedicated to creating and producing premium local alcoholic beverages – particularly liqueurs using Philippine-grown raw materials for distribution in both domestic and international markets. For over twenty years, The Keepers Holdings Group has brought and served Filipino consumers the leading international brands of spirits, wines and specialty beverages into the Philippines. These iconic global brands include Johnnie Walker, Chivas Regal, Glenfiddich, Suntory, Jinro, Jose Cuervo, Jim Beam, Penfolds, Red Bull and many. |
PLACE YOUR ADS HERE Join and Subscribe to my Newsletter. It's FREE! ABOUT THE
BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
All
Archives
October 2025
|