Private holding company of the Aboitiz family founded by Paulino Aboitiz in the late 1800s. It began as an abaca trading and general merchandise business in Ormoc, Leyte and ventured into inter-island shipping to transport its goods across the Visayas.
When Don Ramon Aboitiz, Paulino’s second son, took over management of the company, he established a strong foundation of growth and expansion that transformed the young shipping and trading firm into a highly diversified group of companies. For 46 years, he led the organization guided by such principles of honor, reputation, trust, and integrity.
In 1994, to fund emerging growth opportunities, ACO listed Aboitiz Equity Ventures on the Philippine Stock Exchange as the holding company for its power, banking, food, and transport businesses.
Today, ACO’s other shareholdings in privately held companies are in construction and shipbuilding.
Metaphil (or the Aboitiz Construction Group) specializes in project management and projects involving large civil works, industrial piping works, electro-mechanical works, and steel fabrication.
Aboitiz also partnered with Tsuneishi Group of Japan for ACO’s Tsuneishi Heavy Industries (Cebu), Inc., which builds merchant ships of up to 180,000 deadweight tons using the same high quality shipbuilding technologies and standards as those in Tsuneishi Japan.
With five generations of family and professional management behind its business success, Aboitiz echoes the time-honored philosophy of Don Ramon, the legacy of excellence nurtured and strengthened over the past century.
Mission
To create long-term value for all our stakeholders.