Licor Zone to purchase Tequila distilleriesBy Annie Hayes
Budget alcohol outlet company Licor Zone hopes to become a Tequila “heavyweight” by purchasing struggling distilleries and operating them “under one roof”.
Following the announcement of Licor Zone’s goal to open 5,000 stores by 2020, the company has now revealed plans to purchase a string of small and medium-sized Tequila distilleries and regroup them to operate “under one roof”.
The raw material used to manufacture Tequila is expected to face a severe shortage in the near future, and the company believes that a large number of distilleries will be forced to close down or sell their facilities due to the “rising production costs”.
A statement read: “Large distilleries could capitalise on the situation and expand their manufacturing capabilities by leasing, renting or buying these facilities. This is what Licor Zone will accomplish by grouping several small and medium distilleries under one roof.”
Alfredo Zapata, general manager, added: “I am proud to be part of Licor Zone expansion. The idea of regrouping several small and medium distilleries under one roof is brilliant, this will allow Licor Zone to become a heavyweight in the Tequila business by reducing cost and increasing profitability.”