Pilmico Foods Corp. and Gold Coin Management Holdings Ltd., the agribusiness and food subsidiaries of the Aboitiz Group, have merged under a new brand, Aboitiz Foods.
“We are pleased to announce the launch of our new corporate brand, Aboitiz Foods,” said Tristan R. Aboitiz, president and CEO of Aboitiz Foods. “This exciting new chapter in the story that began with Pilmico is a reflection of our transformative journey in the food group, growing our presence across the food and agribusiness value chain and across the Asian region.”
The new company’s 29 facilities are located in the Philippines, China, Vietnam, Malaysia, Indonesia, Singapore, Thailand and Brunei. Aboitiz Foods is one of the largest privately held agribusinesses in the Asia-Pacific region, with more than 2,900 partners, according to the company’s website.
“We recognize the evolving needs of the region’s food landscape and, with a renewed focus on innovation, we’re determined to unlock new opportunities across the entire food value chain,” Aboitiz said.
In 2018, Pilmico purchased a controlling stake in Gold Coin for $334 million.
According to Feed Strategy’s Top Feed Companies database, Gold Coin produces concentrates, premix and compound feed for poultry, pigs, ruminants, horses, fish and specialty breeds. Gold Coin consists of several subsidiaries and works with more than 2,900 partners across 11 Asian countries. In 2023, the company manufactured 2.6 million metric tons of feed at its 21 feed mills. Pilmico Foods provides high-quality wheat flour and related products, and produces swine and animal feeds.
