18-886: [REDACTED] Look up aev in Wiktionary, the free dictionary. AEV may refer to: Aboitiz Equity Ventures , a holding company which controls the Aboitiz Group conglomerate, created by Jon Ramon Aboitiz Alternative energy vehicle , a type of automobile American Expedition Vehicles , a manufacturer of off-road and overland vehicle and parts Armored engineering vehicle, or military engineering vehicle Atlanta Esports Ventures , an American venture capital firm Autonomous and electric vehicle , electric self-driving vehicles See also [ edit ] All pages with titles beginning with AEV AE (disambiguation) EV (disambiguation) Topics referred to by
36-408: A 40% stake, while CCEP will take up the remaining 60% stake. Aboitiz InfraCapital Inc. undertakes all infrastructure and infrastructure-related investments of the Aboitiz Group. AboitizLand, Inc. (AboitizLand) is the real estate arm of Aboitiz Group, engaging in the design and development of communities for residential use. Rafael Fernandez de Mesa, head of Economic Estates at Aboitiz InfraCapital,
54-657: A Philippine-only operation (CCBPI) for a 25% stake in CCA, which had operations in 17 countries—both in the Asia-Pacific region and in Eastern Europe. Shortly after, CCA demerged the Eastern European operations into a UK-based firm called Coca-Cola Beverages plc (resulting in a reduction of San Miguel's stake in CCA to 22%). Seeking to maintain its focus on the Asia-Pacific region, San Miguel sold its stake in
72-481: Is different from Wikidata All article disambiguation pages All disambiguation pages Aboitiz Equity Ventures Aboitiz Equity Ventures (AEV) is a Philippine holding company based in Metro Manila, with roots from Cebu City . The conglomerate operates in six major industries: Power, Banking and Financial Services, Food, Infrastructure, and Data Science and Artificial Intelligence. In 2017,
90-669: Is the latter of the two. 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. Aboitiz Power Corporation is a holding company engaged in power distribution, generation, and retail electricity services. It owns Davao Light and Power Company in Davao City , Cotabato Light and Power Company in Cotabato City , Visayan Electric Company in Metro Cebu ,
108-497: Is the new Chief executive officer of Aboitiz Land Inc. effective January 1, 2025, succeeding David Rafael. Aboitiz Data Innovation is the Data Science and Artificial Intelligence arm of the Aboitiz Group. Coca-Cola Beverages Philippines Coca-Cola Beverages Philippines, Inc. ( CCBPI , formerly Coca-Cola FEMSA Philippines, Inc. and Coca-Cola Bottlers Philippines, Inc. ) is a Philippine -based company engaged in
126-792: The Mariveles Coal-Fired Power Plant in Mariveles , Bataan , Therma South, Inc. Coal Fired Power Plant in Davao City, and Therma Visayas, Inc. Coal Fired Power Plant in Toledo, Cebu 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
144-538: The 51% stake in the company held by Coca-Cola FEMSA , S.A. de C.V. In December 2018, BIG completed its acquisition of Coca-Cola FEMSA Philippines' bottling operations. The company was then renamed Coca-Cola Beverages Philippines, Inc. as a reflection of its ambition to build a total beverages company. On February 23, 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $ 1.8 billion on
162-543: 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 manufacturing animal feed in Asia. On February 23, 2024, the company announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $ 1.8 billion on a debt-free, cash-free basis. It will hold
180-718: The acquisition of an 83% stake in rival Cosmos Bottling Corporation in a P15 billion ($ 282 million) deal, completed through CCBPI. Cosmos specialized in low-priced soft drinks and held the number two position in the Philippine market. The combination of Coca-Cola Bottlers Philippines and Cosmos Bottling Corporation gave the San Miguel group control of more than 90% of the Philippine soft-drink market. In February 2007, The Coca-Cola Company (TCCC) purchased San Miguel's 65% shareholding in CCBPI and subsidiaries for $ 590 million acquiring
198-882: The bottling and distribution of Coca-Cola products in the country. CCBPI is part of the Bottling Investment Group (BIG), The Coca-Cola Company (TCCC)-owned bottling operation intent on building a foundation for long-term success. BIG's operations are primarily focused on markets in Southeast Asia, India, and Southwest Asia, covering 14 countries with 39 plants and 16,500 employees, serving 1.8 billion consumers. CCBPI's current product portfolio includes 19 brands, such as Coke , Royal , Sprite , Wilkins, Viva, Thunder, Schweppes , and Minute Maid . It operates nationwide, with 19 manufacturing plants and approximately 50 sales offices and distribution centers—employing more than 9,700 regular employees. The company
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#1732771911813216-479: 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
234-546: The full ownership. In September 2010, TCCC announced its plan to invest US$ 1 billion in its business in the Philippines over the next five years. Part of this investment is the completion of its newest and technologically advanced Mega Plant in Misamis Oriental in January 2012. On December 14, 2012, TCCC signed a definitive agreement to sell its 51% stake in CCBPI to Mexico -based Coca-Cola FEMSA , S.A. de C.V.,
252-469: The new UK entity in mid-1998. In July 2001, San Miguel joined forces with The Coca-Cola Company (TCCC) to reacquire CCBPI, with San Miguel taking a 65% stake and TCCC the remaining 35%. As part of the deal, San Miguel sold its CCA shares back to CCA. Later in 2001, San Miguel sold its bottled water (Viva! and Wilkins) and juice businesses (Eight O'Clock), amalgamated under Philippine Beverage Partners, Inc., to CCBPI. In February 2002, San Miguel completed
270-582: The original San Miguel Brewery, Inc.) became the first international bottler of Coca-Cola . In 1981, San Miguel spun off its soft drink businesses to a new company named Coca-Cola Bottlers Philippines, Inc. (CCBPI). The company was established as a joint-venture between San Miguel Corporation (70%) and The Coca-Cola Company (30%). In April 1997, CCBPI was merged into the Australia-based Coca-Cola Amatil Limited (CCA). In effect, San Miguel exchanged its 70% interest in
288-403: The same term [REDACTED] This disambiguation page lists articles associated with the title AEV . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=AEV&oldid=1026534352 " Category : Disambiguation pages Hidden categories: Short description
306-538: The world's second largest bottler of Coca-Cola , with operations across Central and South America. The all-cash transaction became effective January 25, 2013. The deal price represented a $ 1,350 million valuation of CCBPI. Coca-Cola FEMSA will have an option to acquire the remaining 49% of CCBPI at any time during the next 7 years and will have a put option to sell its ownership back to TCCC any time during year six. On August 17, 2018, The Coca-Cola Company announced that its Bottling Investments Group (BIG) agreed to acquire
324-586: Was founded in 1981 as Coca-Cola Bottlers Philippines, Inc. and renamed Coca-Cola FEMSA Philippines, Inc. on January 25, 2013, after becoming jointly owned by Mexico-based Coca-Cola FEMSA , S.A. de C.V. and The Coca-Cola Company . The company was renamed Coca-Cola Beverages Philippines, Inc. in December 2018, after being acquired by the Bottling Investments Group (BIG) of The Coca-Cola Company. In 1927, San Miguel Corporation (then known as
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