Aboitiz Equity Ventures (AEV) is a Philippine holding company based in Metro Manila, with roots from

Cebu City Cebu City, officially the City of Cebu ( ceb, Dakbayan sa Sugbo; fil, Lungsod ng Cebu; hil, Dakbanwa sang Sugbo), is a 1st class highly urbanized city in the Central Visayas region of the Philippines and capital of the Cebu Province. Acc ...

. The conglomerate operates in six major industries: Power, Banking and Financial Services, Food, Infrastructure, and Data Science and Artificial Intelligence. In 2017, the company was ranked 1793rd on the Forbes Global 2000. In 2022, AEV ventured into transforming its organization into a "Techglomerate" - a faster, stronger, and better version of a conglomerate. A techglomerate can refer to a startup tech company that has grown into a conglomerate or a legacy conglomerate that has used technology and startup culture to radically transform the way it behaves and operates. AEV is the latter of the two.

History

The company was founded on September 11, 1989 as Cebu Pan Asian Holdings; the name was changed to the current designation in 1993. The company went public on November 16, 1994.

Business Units

Power

Aboitiz Power Corporation Aboitiz Power Corporation also known as AboitizPower (AP), a subsidiary of Aboitiz Equity Ventures (AEV), is a holding company engaged in power distribution, generation and retail electricity services. Background Aboitiz Power Corporation was ...

is a holding company engaged in power distribution, generation and retail electricity services. It owns

Davao Light and Power Company Davao Light and Power Company, Inc. is a Davao-based Filipino electricity company and the third largest privately owned electric utility An electric utility is a company in the electric power industry (often a public utility) that engages in e ...

Davao City Davao City, officially the City of Davao ( ceb, Dakbayan sa Dabaw; ), is a first class highly urbanized city in the Davao Region, Philippines. The city has a total land area of , making it the largest city in the Philippines in terms of lan ...

Cotabato Light and Power Company This is a complete list of electric utilities in the Philippines. There are 152 electric utilities in the Philippines, country. List See also * List of companies of the Philippines * List of power plants in the Philippines Notes Ref ...

Cotabato City Cotabato City, officially the City of Cotabato ( Maguindanaon: ''Kuta nu Kutawatu'', Jawi: كوتا نو كوتاواتو; Iranun: ''Bandar a Kotawato'', بندر ا كوتاواتو; fil, Lungsod ng Cotabato), is a third class independent c ...

Visayan Electric Company Visayan Electric Company, Inc., also known as Visayan Electric (formerly VECO), is the second largest electric utility in the Philippines and serves the cities of Cebu City, Cebu, Mandaue, Talisay, Cebu, Talisay and Naga, Cebu, Naga and four muni ...

, the Mariveles Coal-Fired Power Plant in

Mariveles, Bataan Mariveles, officially the Municipality of Mariveles ( tl, Bayan ng Mariveles), is a first class municipality in the province of Bataan, Philippines. According to the 2020 census, it has a population of 149,879 people. History Founded as a ''p ...

, Therma South, Inc - Coal Fired Power Plant in Davao City, and Therma Visayas, Inc. - Coal Fired Power Plant in Toledo City, Cebu

Banking and Financial Services

Union Bank of the Philippines The Union Bank of the Philippines, Inc., more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets. UnionBank is a joint consortium among the Aboitiz Group, Insula ...

(UnionBank) *

City Savings Bank City Savings Bank, commonly known as CitySavings, is a thrift bank subsidiary of Union Bank of the Philippines and established in 1965, founded in Cebu City and also member of the Aboitiz Group of Companies. City Savings is regulated by the Ban ...

(formerly Cebu City Savings and Loan Association), savings bank of UnionBank * PETNET

Food

The Food Group, composed of Pilmico Foods Corporation (Pilmico) and Gold Coin Management Holdings, Ltd. (Gold Coin), is the integrated agribusiness and food company of the Aboitiz Group. Pilmico is a leader in operating efficiency, manufacturing flour and wheat by-products in the Philippines. It has also been a strong player in animal feeds and swine production since establishing these businesses in the late 1990s. Meanwhile, Gold Coin is a pioneer in animal nutrition and in manufacturing scientifically-based animal feed in Asia. With the acquisitions of Vinh Hoan Feeds in 2014 and Gold Coin in 2019, the Food Group is currently building capacities and capabilities to sustain profitability and grow its businesses both in the Philippines and in the ASEAN region.

Infrastructure

Aboitiz InfraCapital Inc. undertakes all infrastructure and infrastructure-related investments of the Aboitiz Group. * Water ** Apo Agua Infrastructura ** LIMA Water ** Balibago Waterworks Systems Inc. * Economic Estates ** LIMA Estate ** MEZ2 Estate ** West Cebu Estate * Digital Infrastructure (Unity Digital Infrastructure) * Airports **

Bicol International Airport Bicol International Airport (Filipino: ''Paliparang Pandaigdig ng Bikol''; Bikol: ''Pankinàban na Palayogan kan Bikol''; ), also referred by some sources as Southern Luzon International Airport (Filipino: ''Paliparang Pandaigdig ng Katimugang Lu ...

Bohol-Panglao International Airport

Laguindingan Airport Laguindingan Airport, also referred to as Laguindingan International Airport ( ceb, Tugpahanang Pangkalibutanon sa Laguindingan, fil, Paliparang Pandaigdig ng Laguindingan; ), is an international airport in Northern Mindanao that serves the citi ...

** Mactan Cebu International Airport * The Republic Cement Group (with

CRH plc CRH may refer to: * Calibre radius head, a traditional British ordnance term for a concept in ballistic projectile design * Celtic Resources Holdings, an Irish mining company * China Railway High-speed, a high-speed railway service operated by Ch ...

), founded in 1955, produces about 7 million tons of cement annually. It is the second largest producer in the Philippines and produces about a quarter of the country's cement. In 2017, AEV announced it would invest $300 million in the subsidiary to increase capacity.

Land

AboitizLand, Inc. (AboitizLand) is the real estate arm of Aboitiz Group, engaging in the design and development of distinct communities for residential use. * LIMA Technology Park * Mactan Economic Zone II * West Cebu Industrial Park

Data Science and Artificial Intelligence

Aboitiz Data Innovation is the Data Science and Artificial Intelligence arm of the Aboitiz Group.

References

{{PSEi Companies based in Cebu City Financial services companies established in 1989 Holding companies of the Philippines Companies listed on the Philippine Stock Exchange Conglomerate companies of the Philippines Financial services companies of the Philippines