Philippines: Century Pacific Food buys out coconut products firm CPAVI for $209.9m

Philippines: Century Pacific Food buys out coconut products firm CPAVI for $209.9m

Food and brand visual from company homepage

The Philippines’ largest canned food firm Century Pacific Food Inc (CPFI) has bought out its sister company Century Pacific Agricultural Ventures Inc (CPAVI) for $209.9 million (P4.5 billion). The latter is an integrated coconut producer of organic-certified coconut products for both export and domestic markets.

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