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M&A Success Stories in the Philippines.

Jul 16, 2023

Mergers and acquisitions (M&A) have become increasingly common in the business world, as companies look for ways to expand their reach, diversify their offerings, and increase their market share. The Philippines is no exception to this trend, with several M&A success stories emerging in recent years.

1. Ayala Corporation's Acquisition of Globe Telecom

One of the most notable M&A success stories in the Philippines is Ayala Corporation's acquisition of Globe Telecom. In 2003, Ayala Corporation acquired a controlling stake in Globe Telecom, a leading telecommunications company in the country. This strategic move allowed Ayala Corporation to enter the rapidly growing telecommunications industry and diversify its business portfolio.

ayala corporation

2. Jollibee Foods Corporation's Acquisition of Mang Inasal

Jollibee Foods Corporation, a popular fast-food chain in the Philippines, made headlines in 2010 when it acquired Mang Inasal, a well-known barbecue chain. This acquisition helped Jollibee Foods Corporation strengthen its position in the fast-food market and expand its customer base. The integration of Mang Inasal's menu offerings into Jollibee's existing restaurants proved to be a successful move.

jollibee foods corporation

3. San Miguel Corporation's Acquisition of Petron Corporation

In 2010, San Miguel Corporation, a diversified conglomerate in the Philippines, acquired a majority stake in Petron Corporation, the country's largest oil refining and marketing company. This acquisition allowed San Miguel Corporation to enter the oil and gas industry and expand its presence in the energy sector. The integration of Petron Corporation's operations with San Miguel Corporation's existing businesses resulted in increased efficiency and profitability.

san miguel corporation

4. Universal Robina Corporation's Acquisition of Griffin's Foods

Universal Robina Corporation, a leading food and beverage company in the Philippines, made a strategic move in 2014 by acquiring New Zealand-based Griffin's Foods. This acquisition provided Universal Robina Corporation with access to the international market and expanded its product offerings. The integration of Griffin's Foods' brands and manufacturing capabilities into Universal Robina Corporation's operations contributed to its continued growth and success.

universal robina corporation

5. SM Investments Corporation's Acquisition of BDO Unibank

In 2010, SM Investments Corporation, one of the largest conglomerates in the Philippines, acquired a majority stake in BDO Unibank, the country's largest bank. This acquisition allowed SM Investments Corporation to strengthen its presence in the financial services industry and diversify its revenue streams. The integration of BDO Unibank's banking services with SM Investments Corporation's retail and property businesses created synergies and enhanced customer offerings.

sm investments corporation

6. Conclusion

These M&A success stories in the Philippines highlight the strategic moves made by companies to drive growth and create value. Through acquisitions, companies have been able to expand their operations, enter new markets, and leverage synergies to achieve greater success. As the business landscape continues to evolve, M&A activities are expected to play a significant role in shaping the future of the Philippine economy.