News Formal

Metro Pacific Agro Ventures fortifies dairy business with acquisition of Bukidnon Milk Company

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Metro Pacific Agro Ventures (MPAV), a wholly-owned subsidiary of leading infrastructure firm Metro Pacific Investments Corporation (MPIC), announced today its entry into agreements to acquire 100% of Universal Harvester Dairy Farms, Inc. (UHDFI) in a bid to continue its mission to provide fresh, high-quality dairy products for the Filipino people.

Jovy I. Hernandez, President and CEO of MPAV, Manuel V. Pangilinan, Chairman, President, and CEO of MPIC, Dr. Milagros O. How, EVP and Treasurer, UHDFI, and William Y. How, Chairman, President, and CEO, UHDFI

UHDFI, located in Maramag, Bukidnon, operates under the Bukidnon Milk Company brand, producing fresh milk, flavored milk, yogurt, and cheese products, with presence primarily focused on key cities in Visayas and Mindanao.

MPAV’s continued investment into the dairy industry supports an underserved segment of the economy. In March 2024, NDA reported that the country continues to import 98 percent of its milk demand. At current rates, The NDA envisions to reach a milk production target of just 5% of local demand by 2028.

“Bukidnon Milk Company is highly complementary to our existing dairy business.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 19. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Metro Pacific expands dairy business with Bukidnon Milk CompanyMetro Pacific Agro Ventures president and CEO Juan Victor Hernandez says the acquisition is a crucial part of the company's journey to becoming a 'Dairy Masterbrand'
Herkunft: rapplerdotcom - 🏆 4. / 86 Weiterlesen »