Osborne

San Sebastian, 10 July 2017 - The prestigious Michelin three-star chef Pedro Subijana opens the doors of his new hotel Akelarre this month, a luxury establishment next to his award-winning restaurant. To celebrate the opening, the hotel will offer a fitting gastronomic experience during the month of July. Its first guests will be able to savour the delicious Cinco Jotas, paired with Don Pérignon, an unparalleled gastronomic luxury to enjoy in this exceptional location in San Sebastián, located at the top of mount Igueldo, with breathtaking sea views.

Madrid, 21 June 2017. After several months of joint work by the San Telmo International Institute and the Osborne Foundation, the business case for "El Toro de Osborne" has been presented. The case was headed and written by José Luis del Pueyo, professor at the Business Management Department of this business school.

The presentation of the case took place this week in Madrid by the San Telmo International Institute and had a hundred attendees, all former students of this institution, and with the participation of Ignacio Osborne – president of the Osborne Group. Following the presentation of the case, a panel discussion took place in which Luis Morillas, CEO of Morillas Brand Design, and Miguel Otero, General Director of the Forum of Leading Brands of Spain, took part.

El Puerto de Santa María, 8th May 2017. Osborne just held its General Assembly of Shareholders at which the 2016 profit and loss statement was approved.

In 2016, the company achieved 216 million euros in net sales and an EBITDA of 36.3 million euros. In comparison to the previous financial year, Osborne has seen its EBITDA increase by 2% thanks to a focus on its most important own brands, namely Cinco Jotas, Carlos I, Nordés Gin and Montecillo, which has been able to compensate for the loss in turnover caused by the ending of Monster Energy Drink distribution contract.

In the words of Tomás Osborne, ‘our financial results in 2016 are a consequence of our focus on our own strategic brands. This is allowing us to strengthen our company and increase its potential for growth’.

Tomás Osborne Gamero-Cívico, up until now President of Osborne, has been appointed Honorary President of Osborne and will continue as President of the Osborne Foundation.

Ignacio Osborne Cólogan is the new President of the Board of Directors and Fernando Terry Osborne will replace him as Chief Executive Officer.