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July 05, 2015 6:11 PM ET

Household Durables

Company Overview of Concepcion-Carrier Airconditioning Company

Company Overview

Concepcion-Carrier Airconditioning Company engages in manufacturing, distribution, and servicing of air conditioning products. The company was founded in 1998 and is based in Muntinlupa, Philippines. Concepcion-Carrier Airconditioning Company operates as a joint venture between Concepcion Industrial Corporation and Carrier Air Conditioning Philippines Inc.

Km. 20 East Service Road

Cupang

Muntinlupa,  1799

Philippines

Founded in 1998

Phone:

63 8501367

Fax:

63 809 9857

Key Executives for Concepcion-Carrier Airconditioning Company

President and Chief Executive Officer
Director of Business Solutions Group
Age: 48
Director of Consumer Solutions Group
Age: 38
Compensation as of Fiscal Year 2015.

Concepcion-Carrier Airconditioning Company Key Developments

Concepcion-Carrier Airconditioning Company Provides Sales Guidance for the Year 2013

Concepcion-Carrier Airconditioning Company provided sales guidance for the year 2013. The company is expecting its sales to grow by double-digit levels in 2013 as more buildings and homes will need cooling solutions. The firm is estimating its sales to increase 15% to 16% from its 2012 figures of PHP 4.6 billion.

CCAC Mulls IPO

Concepcion-Carrier Airconditioning Company (CCAC) is also mulling a potential listing in the Philippine Stock Exchange, Raul Joseph Jojo A. Concepcion, Chief Executive Officer of CCAC, said. "We are exploring the possibility of doing an IPO (initial public offering) but right now there are no details yet as the option is being carefully studied," Concepcion said. He added it may not be Concepcion-Carrier that will be listed rather the mother firm Concepcion Industries, Inc.

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Recent Private Companies Transactions

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