In Biñan, Laguna, a family’s dream has grown into a thriving business that serves Coca-Cola products to hundreds of outlets. Paeng Store began as the Alcazar family’s modest sari-sari store twenty-five years ago and it has since transformed into a successful dealership hub. At the heart of...
Aboitiz Equity Ventures Inc. (AEV) reported an eight percent dip in consolidated net income to ₱17.3 billion in the first nine months of the year, from ₱18.8 billion in the same period last year, as surge in third-quarter earnings was not enough to offset softness in the first half. In a...
Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, announced that its 40-percent-owned affiliate Coca-Cola Europacific Aboitiz Philippines (CCEAP) is building its largest Philippine plant at TARI Estate in Tarlac City. CCEAP’s state-of-the-art, 42-hectare (ha)...
Due to one-time losses, Aboitiz Equity Ventures Inc. (AEV), the investment holding company controlled by the Aboitiz family, reported a 23 percent drop in consolidated net income to ₱18.1 billion in 2024 from ₱23.5 billion in 2023. In a disclosure to the Philippine Stock Exchange, the firm said...
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,...