This is AI generated summarization, which may have errors. For context, always refer to the full article.Metro 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'In a P700-million deal, Metro Pacific Agro Ventures will get a 100% stake in Universal Harvester Dairy Farms Incorporated , which does business under Bukidnon Milk Company.
In 2022, MPAV acquired a majority stake in the Carmen’s Best Group – known for its ice cream and Holly’s Milk – for P288 million. MPAV president and chief executive officer Juan Victor Hernandez said the company’s most recent acquisition is a crucial part of its journey to becoming a “Dairy Masterbrand.”
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