Business Development

Century Pacific Food, Inc. (PSE: CNPF) announced today the acquisition of the Philippine license for Hunt’s, the country’s number one pork & beans brand.

Under the deal, CNPF will purchase the rights to manufacture, sell, and distribute Hunt’s branded products in the Philippines from Hunt-Universal Robina Corporation (HURC), a 50-50 joint venture between locally listed Universal Robina Corporation (URC) and ConAgra Foods (ConAgra).

Century Pacific Food Inc (CNPF), the Philippines’ largest canned food company, is set to further expand its branded exports business via the acquisition of distribution companies in China.
CNPF will sign an equity purchase agreement for a 100% interest in the group of entities which currently distribute Century Tuna in China.

Century Pacific Food Inc. (CNPF), through its wholly owned subsidiary Century Pacific Seacrest, Inc., acquires the license to the Kamayan trademark for North America.

Century Pacific Food, Inc. (PCOMP: CNPF) acquires a 100% interest in Century Pacific Agricultural Ventures, Inc. (“CPAVI”), an integrated coconut producer of high value organic-certified and conventional coconut products for both export and domestic markets.

    hr.legal@centurypacific.com.ph