December 24, 2021 – Century Pacific Food, Inc. (PSE:CNPF), one of the leading branded food and beverage companies in the Philippines, announced today the acquisition of ‘Ligo’, a legacy brand known for its range of high quality sardines and other marine products.
Under the deal, CNPF will purchase assets and intellectual property related to the manufacturing of ‘Ligo’s’ product lineup, which is composed of shelf-stable marine products.
Shelf-stable sardines are among the top consumer staple products in the Philippines. The category is one of the most accessible protein and calcium sources for Filipino consumers, an essential product that supports food security in the country.
‘Ligo’ is one of the top shelf-stable sardine brands in the Philippines with a heritage of over 60 years. It is a market leader in key regions in the Philippines.
CNPF, on the other hand, is one of the largest manufacturers and exporters of marine products. It is home to household brands such as Century Tuna, 555, Blue Bay, and Fresca. The company is also a market leader in meat and has a strong emerging business in dairy and coconuts.