Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 30, 2015 12:28 AM ET

Electric Utilities

Company Overview of Aboitiz & Company, Inc.

Company Overview

Aboitiz & Company, Inc. is a holding company that through its subsidiaries operates in power, banking, food, integrated transport and logistics, land development, and construction businesses. Its power business comprises coal-fired, oil-fired, and hydro generation and distribution of power; and banking business consists of provision of loans to individuals, such as salary loans, real estate mortgage or housing loans, loans against savings and time, and car and business loans, as well as deposit products, such as savings accounts. The company’s food business includes the manufacture and distribution of flour products, commercial feed and swine products, and animal-nutrition advice and piglets...

NAC Tower

32nd Street

Bonifacio Global City

Metro Manila

Taguig,  1634

Philippines

Founded in 1920

Phone:

63 2 886 2800

Fax:

63 2 817 3560

Key Executives for Aboitiz & Company, Inc.

Chief Executive Officer and President
Age: 58
Senior Vice President and Director
Age: 61
Senior Vice President and Director
Age: 58
Senior Vice President for Strategy and Director
Age: 60
Compensation as of Fiscal Year 2015.

Aboitiz & Company, Inc. Key Developments

Pilmico Foods And Aboitiz Power Are Looking To Expand

Aboitiz & Company, Inc. is gearing up to expand its power and food manufacturing units to take advantage of the opportunities presented by the economic integration of the Association of Southeast Asian Nations (Asean) in 2015. “We are looking outside for both Pilmico Foods and Aboitiz Power. Nothing very firm as of now but there are some very good opportunities we are looking at in Asean,” said Stephen G. Paradies, Chief Financial Officer of Aboitiz Equity Ventures Inc. (PSE:AEV). Paradies said Aboitiz Power Corp. (PSE:AP) “started to look outside” the country given the constraints on the local power sector brought about by the Epira Law. He added that, "The company expects to build about 100 megawatts of power facilities in the Asean region within the year." Paradies added that the firm’s food unit Pilmico Foods Corporation has set its sights on Indonesia and Papua New Guinea after its entry in Vietnam in June 2014 where it acquired a 70 percent interest in aqua feed producer Vinh Hoan 1 Feed JSC for $20 million. “Well, we’re looking at Indonesia and Papua New Guinea. We’ve been looking there, but nothing has materialized yet, but that doesn’t mean we’re going to look at other areas,” he said, "Pilmico’s focus at the moment is to enter Indonesia and Papua New Guinea."

Similar Private Companies By Industry

Company Name Region
Meralco Energy Inc. Asia
Cebu Energy Development Corporation Asia
Malaya Thermal Power Plant Asia
Aplaya Diesel Power Plant Asia
Iligan Diesel Power Plant II Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Aboitiz & Company, Inc., please visit aboitiz.com/about-us#aboitiz-company. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.