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On February 23, 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $1.8 billion on a debt-free, cash-free basis. It will hold a 40% stake, while CCEP will take up the remaining 60% stake.
Bottles of Tanduay Rhum Dark and Tanduay Light. Tanduay traces its origins to a distillery in Hagonoy, Bulacan originally owned by Elías Menchatorre. In 1856, the distillery was acquired by Valentin Teus e Yrisarry and brought into Ynchausti y Compañía. Although the Hagonoy distillery was already in operation at the time of the acquisition ...
Pepsi-Cola Products Philippines, Inc. (PCPPI) was established in 1989 as Premier Beverages by Luis Lorenzo, Sr. to acquire the bottling and distribution rights to PepsiCo beverages in the Philippines. In 1997, the Guoco Group acquired Lorenzo's holdings in PCPPI. Under Guoco management, ₱700 million was spent in 1998 to upgrade the facilities ...
The Drackett company, manufacturers of Windex glass cleaner, was a leader in promoting spray bottles. Roger Drackett raised soybeans, converted the soybeans to plastic using technology purchased from Henry Ford , and was an investor in the Seaquist company, an early manufacturer of sprayers and closures.
It began expanding as a water refilling station franchise in 1997 and grew to be the second most extensive water refilling station network in the Philippines. [3] Growing to over 2,500 franchise stores and expanding to reach other markets in Indonesia and Malaysia.
The product was available during the 1970s in single-serve bottles and contained orange "pulp bits" (pulp) "from California Valencia oranges". [ 1 ] When San Miguel Corporation became one of the founding members of the Philippine Basketball Association in 1975, its basketball franchise played under the name "Royal Tru-Orange" from 1975 to 1980.