Emperador Inc. said its latest acquisition—the Domecq brandy and sherry business of French distiller Pernod Ricard SA—is in line with efforts to fortify its position as the top brandy company of the world.

Emperador bought the Domecq brandies and wines of Pernod Ricard last week, in a transaction that included Mexican brandy Presidente—Mexico’s No. 1 selling brandy—as well as Don Pedro and Azteca de Oro.

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