Iconic Philippine brands Ligo, Potato Corner bought by Po family

Christopher Po. - Bloomberg

MANILA (Bloomberg): Century Pacific Food Inc and Shakey’s Pizza Asia Ventures Inc, owned by the Po family in the Philippines, are buying two household names in transactions that perked up the local deals scene a week before yearend.

Century Pacific, a tuna canner that has been building its portfolio, will acquire assets and intellectual property related to the manufacturing of Ligo sardines and other marine products, according to a statement on Friday (Dec 24).