Metro Pacific expands dairy business with Bukidnon Milk Company

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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'

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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