Century Pacific Food, Inc. (PSE: CNPF) finalized the acquisition of LIGO Sardines Philippines, the owner of the popular canned tuna brand LIGO. The disclosure made to the Philippine Stock Exchange on 24 December 2021 mentioned the acquisition of the brand assets and intellectual property associated with the manufacturing of the brand’s product line. (Read the full report in Rappler.com)
CNPF is 68.72% owned by the Po family
through its holding company Century Pacific Group Inc., as of 12 October 2021.
Almost a third (31.22%) of the company belongs to public investors. (Source:
PSE Edge)
LIGO is acquired from A. Tung Chingco Manufacturing Corp. (Read the full report in Business World)
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