Following its change of ownership, Coca-Cola Beverages Philippines Inc. (CCBPI) has officially changed its legal name to Coca-Cola Europacific Aboitiz Philippines Inc. (CCEAP). “Our new name signifies an exciting new phase in our journey as we reaffirm our commitment to serving our customers,...
Inchcape Philippines, distributor of brands like Mercedes-Benz, Jaguar, Land Rover, Chrysler, Dodge, Jeep, Ram, and Changan, is investing in infrastructure and innovation to better serve the Filipino car buyer. During an intimate luncheon with members of the motoring media, Alex Yap, Inchcape...
Mercedes-Benz makes sustainability even more enviable with the unveiling of the EQS SUV. The Mercedes-Benz EQS 450 4MATIC SUV AMG is a vehicle that embodies the future sustainable luxury. The vehicle offers an electric range 594- up to 673-km (based on WLTP), giving buyers 360-horsepower and...
Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) have completed their $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC). In a statement, AEV said CCBPI, the exclusive bottler and distributor of TCCC...
The $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) by Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) takes a further step towards completion after getting the green light from the Philippine Competition Commission (PCC). In a disclosure to...
Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, and Coca-Cola Europacific Partners Plc (CCEP), have entered into a definitive agreement to jointly acquire Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC) for $1.8 billion. In a disclosure to...
An Inchcape-operated Toyota dealership in Manchester, UK. Two top distributors unite The CATS Group of Companies, a distributor of luxury auto brands like Mercedes-Benz, Jaguar, Land Rover, Chrysler, Jeep, Dodge, and Ram, now has a new partner to move forward with. Inchcape Plc (“Inchcape”) the...
The newly-forged joint venture of the Ang family-owned CATS Group of Companies and leading global multi-brand luxury car distributor Inchcape Plc expects to regain market leadership in the luxury car segment in the Philippines in 2024 when global supply chain finally normalizes. Francis Jonathan C....
Inchcape Plc (Inchcape), an independent multi-brand global automotive distributor, has acquired a controlling stake in CATS Group of Companies (CATS), the leading distributor of luxury vehicles in the Philippines. The acquisition also paved the way for a joint venture with Inchcape and CATS....
Pru Life UK and Prudential (Cambodia) Life Assurance PLC have teamed up in providing accessible protection to overseas Filipino workers (OFW) through a health and wealth management app in Cambodia. In a statement, Eng Teng Wong, Pru Life UK president and chief executive officer said on Friday, Nov....
SPEAKING OUT Ignacio R. Bunye In a recent award ceremony, the Securities and Exchange Commission (SEC) and the Institute of Corporate Directors (ICD) lauded four Ayala companies for leading the way in terms of corporate governance in the country. Ayala Land, Inc. (ALI) and Globe Telecom made it to...
