New €15m Licor 43 plant unveiled

05 June, 2013

The new headquarters and Licor 43 factory

Diego Zamora has responded to an upturn in sales with a new up-sized Licor 43 plant and headquarters in Cartagena, near Murcia in Spain.

When it opens in September, the €15m investment will see production capacity rise 50% and will create new jobs in the local area.

Emilio Restoy Cabrera, Diego Zamora Group CEO, said: "The recent growth obtained both nationally and internationally, has meant that the production capacity of our current factory was at its limit and an extension was necessary to allow us to continue our global expansion.”

Diego Zamora Group closed 2012 with sales of €124m, which saw 9.1% consolidated growth. The consolidated profit after tax (PAT) was €11.7m, growth of 4.6% over the previous year.

Restoy added: "The situation in the domestic market is, objectively, very bad, with a slump of 30% in six years. However, Diego Zamora Group is achieving growth, both organic, and also in distribution of new brands.

“Internationally, the market is very different, with sustained growth, especially in the premium beverage industry. This is being felt in the very strong performance of our brands in international markets, where we continue to have a great growth potential in the medium term, through investment in brand knowledge and opening new markets.”





Comment

Dominic Roskrow

The serious business of bourbon

This is most odd. I’m standing with two American gentlemen in the corner of a very swish steak bar staring at a surreal painting of what we’re being told is a ship exploding as it sails towards a lighthouse. I think.

Click for more »

Events

Facebook

Twitter