Chairman of Farsons Group
Few people are as dedicated to their business and to their homeland as Louis Farrugia, who has led the Maltese food and beverage conglomerate Farsons Group for over 40 years. Over that tenure — which included Malta’s transformation into an EU nation — he has diversified the business and improved working conditions through substantial investment in new product lines and innovations, including new beers and ciders. Today, Farsons Group brews and distributes branded beers and beverages; imports and sells food and beverages, including wines and spirits; and operates franchised fast food and fast casual restaurants.
Louis was a strong advocate for Malta to join the EU, and he also held a special role as President of the Chamber of Commerce at the time. While the move meant that Farsons Group would lose its protective privileges, Louis saw the long-term potential. Seeing the opportunity, he developed an investment plan to compete effectively in the international market.
Louis’s transformational and modernization strategy for Farsons Group also turned it into a contributor to philanthropic organizations and the community. Louis was instrumental in establishing The Farsons Foundation in March 1995 to promote and safeguard Maltese culture, industrial heritage and social solidarity. This proved crucial during the pandemic when alternative sources of funding were reduced or completely wiped out.
Build trust because that will open opportunities for you in the future.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
EY | Assurance | Consulting | Strategy and Transactions | Tax
About EY
EY is a global leader in assurance, consulting, strategy and transactions, and tax services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
© EYGM Limited. All Rights Reserved.
EYG/OC/FEA no.
ED MMYY
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. remember settings), Performance cookies to measure the website's performance and improve your experience, Advertising/Targeting cookies, which are set by third parties with whom we execute advertising campaigns and allow us to provide you with advertisements relevant to you, Social media cookies, which allow you to share the content on this website on social media like Facebook and Twitter.
You may withdraw your consent to cookies at any time once you have entered the website through a link in the privacy policy, which you can find at the bottom of each page on the website.
Review our cookie policy for more information.
I decline optional cookies