The Aboitiz Story
Aboitiz & Company (ACO) was founded by Paulino Aboitiz in the late 1800s as an abaca trading and general merchandise business in Ormoc, Leyte and later ventured into inter-island shipping to transport its goods across the Visayas. It was formally incorporated in 1920 and serves as the private holding company of the Aboitiz family today.
When Don Ramon Aboitiz, Paulino’s second son, took over management of the company, he established a strong foundation of growth and expansion. From a small mercantile operation, ACO has grown and diversified to various companies engaged in distinct services in key industries that are contributing to nation-building.
The journey of ACO from a small family business to being one of the largest and most respected business groups in the Philippines is a testament to its solid foundation built on trust, fairness, integrity, and quality.
With five generations of family and professional management behind its business success, Aboitiz echoes the time-honored philosophy of Don Ramon, the legacy of excellence nurtured and strengthened over the past century.
Aboitiz Construction, Inc. is one of the most reliable and respected industrial contractors in the Philippines that has a triple “AAA” General Contractor registration from the Philippine Contractors Accreditation Board. With over 500 engineers, technicians, administrative professionals, and more than 5,000 skilled personnel, Aboitiz Construction carries out a wide range of major engineering and construction projects from conceptualization, execution, commissioning, from earthmoving to marine structures, from petrochemical to world-class resorts and from warehouses to office buildings.
Aboitiz Equity Ventures is a publicly listed company that holds the Aboitiz Group’s core businesses of power, banking and financial services, food, real estate and infrastructure. It has been lauded as one of the best managed companies in the region and has demonstrated a strong commitment to corporate governance and social responsibility.
Aboitiz InfraCapital, Inc. undertakes all infrastructure and infrastructure-related investments for Aboitiz Group.
Its subsidiaries include the Republic Cement Group which was formed out of partnership with CRH plc. As the country’s second largest local cement manufacturing and distribution company, Republic Cement operates six cement facilities and produces over 25% of the country’s cement requirements.
APO Agua Infrastructura, Inc. is a bulk water infrastructure company borne out of a joint venture between AEV and J.V. Angeles Construction Corporation. It is embarking on one of the country’s largest private bulk water supply projects that aims to provide at least 300 million liters of potable water per day to residents in Davao City.
Aboitiz Land, Inc. is engaged in the design and development of distinct communities for residential, industrial and commercial use with developments in Batangas, Pampanga, Tarlac, Nueva Ecija and Cebu.
Aboitiz Power Corporation is a vertically integrated company engaged in power generation, distribution and retail electricity services. The Generation Group harnesses power from a mixed portfolio of renewables and non-renewables through 46 facilities across the country. The Distribution Group is composed of 8 utilities that supply electricity to high-growth areas across the nation.
Established in 1962, Pilmico Foods Corporation is an agribusiness company involved in flour milling, animal feeds and swine production. In 2014, Pilmico acquired Vinh Hoan Feeds, a Vietnamese aqua feeds plant as part of its international expansion. In 2019, Pilmico fully acquired Singapore-based feeds company, Gold Coin, catapulting the company to the ranks of the fourth largest feeds players in Southeast Asia.
Union Bank of the Philippines is a publicly listed universal bank that distinguishes itself through superior technology, unique branch sales and service culture, and centralized backroom operations. It is ranked among the country’s top 10 universal banks in terms of key performance ratios in profitability, liquidity, solvency, and efficiency.