Aboitiz & Company
The Aboitiz Group started in the late 1800s as a hemp trading business in Ormoc, Leyte. Today, its investments are in power, banking and financial services, food, land, construction, shipbuilding, and infrastructure. It is recognized as among the best managed companies in the Philippines and in the region, consistently cited for its strong commitment to good corporate governance.Aboitiz & Company (ACO) was established by Paulino Aboitiz in the late 1800s as a trading business dealing in abaca and general merchandise in Ormoc, Leyte. It later expanded its operations to inter-island shipping, facilitating the movement of its products across the Visayas region. In 1920, ACO was officially incorporated and continues to serve as the Aboitiz family’s private holding company.
Under the leadership of Don Ramon Aboitiz, Paulino’s second son, the company underwent a significant period of growth and expansion. What began as a modest mercantile venture transformed into a diverse conglomerate with multiple companies operating across various industries, all playing vital roles in the nation’s development.
ACO’s remarkable transformation from a small family enterprise to one of the Philippines’ largest and most respected business groups is a testament to its solid foundation built on trust, fairness, integrity, and quality.
With five generations of both family and professional management steering its success, Aboitiz Group echoes the time-honored philosophies of Don Ramon, upholding a legacy of excellence that has flourished over the span of a century.
Today, the Aboitiz Group is embarking on a Great Transformation, poised to become the Philippines’ first techglomerate. This strategic shift marks an exciting juncture in our legacy, as we leverage technology to pioneer new avenues of growth for our businesses and society. With our strong foundation and unwavering values, we embrace the challenges and opportunities of tomorrow, continuing to drive change and innovation for the betterment of all.
