The Keepers Holdings, Inc. (KEEPR) is a publicly-listed holding company that controls three major players in the Philippines' imported spirits, wine, and related specialty beverage distribution businesses: Montosco, Inc. (“Montosco”), Meritus Prime Distributions, Inc. (“Meritus”), and Premier Wine & Spirits Inc (“Premier”). According to IWSR Drinks Market Analysis Limited ("IWSR"), the Company is the leading distributor of imported spirits in the Philippines, with a market share of 74.0% based on volume and 66.9% based on retail sales value in 2020.
The Keepers Holdings, Inc. was incorporated on November 5, 1963 as Mariwasa Manufacturing, Inc. and listed on the Philippine Stock Exchange on September 3, 1991. On July 2, 2008, the SEC approved the change in corporate name to Mariwasa Siam Holdings, Inc., and its primary purpose from manufacturing to an investment holding company. On April 26, 2013, the SEC approved the change to Da Vinci Capital Holdings, Inc. The Company had no operation or business from May 2013 to June 2021.
On March 29, 2021, the Board of Directors approved the issuance of 11,250,000,000 common shares to Cosco Capital, Inc. in exchange for 100% of the outstanding shares of Montosco, Meritus, and Premier. The parties entered a Deed of Exchange to implement the Share Swap Transaction, which allowed KEEPR to become legally and beneficially 100% owner of the outstanding shares of Montosco, Meritus, and Premier.
KEEPR’s subsidiaries were all individual subsidiaries of Cosco Capital, helmed by Lucio Co and his family.
On November 19, 2021, the Company’s Follow-On Public Offering debuted on the Philippine Stocks Exchange at P1.50 per share.
On September 2022, Keepers acquired 50% equity of Bodegas William and Humbert (BWH), a venerable and family-owned producer of spirits and wines based in Jerez Spain primarily to secure the long-term supply of its biggest revenue source, Alfonso Brandy.
As of December 31, 2022, KEEPR has four fully owned subsidiaries namely, Montosco Inc., Meritus Prime Distributors Inc., Premier Wines and Spirits Inc., and Fertuna Distributions Inc.