Ayala Corp. to sell 40 percent stake in logistics arm to Danish logistics giant

A.P. Moller Capital has agreed to acquire 40% of the Philippine logistics company AC Logistics (ACL) from Ayala Corporation.

AP Moller Capital is a subsidiary of the Danish shipping and logistics giant AP Moller Group. The partnership marks a significant expansion of Danish investment in the Philippine logistics sector.

According to Ayala, the transaction will be executed through a share subscription by AP Moller Capital via EMIF II Holding III BV. While the final subscription price has yet to be determined, the company emphasized that the partnership will help improve logistics infrastructure in the country, which comprises over 7,000 islands.

“A country of 7,000 islands requires considerable logistics infrastructure, and we would like to help address this need. Working together with partners like AP Moller Capital, we believe we can provide real solutions,” said Cezar Consing, president and CEO of Ayala Corp.

AC Logistics, founded in 2021, operates distribution centers and provides supply chain services across the Philippines. Ayala executives noted that the investment from AP Moller Capital will support the company’s goal of delivering efficient supply chain solutions while contributing to national food security.

“This potential transaction with AP Moller Capital reflects Ayala’s strong commitment to growing AC Logistics into an industry leader that will deliver high-quality logistics solutions for the Philippines,” said AC Logistics president and CEO Erry Hardianto.

 

About Gregers Møller

Editor-in-Chief • ScandAsia Publishing Co., Ltd. • Bangkok, Thailand

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