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Ayala, Thai firm bringing back Makro stores to Phl
The Philippine Star
|September 25, 2025
Conglomerate Ayala Corp. is bringing back Makro stores to the Philippines in partnership with CP Axtra Public Co. Ltd. of Thailand.
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Ayala said it executed definitive agreements with CP Axtra Public, Asia’s leading operator of wholesale and retail businesses Makro and Lotus’s, for the operation of Makro stores in the country.
ACX Holdings Corp., a wholly owned subsidiary of Ayala, and Makro ROH Co. Ltd, a subsidiary of CP Axtra, have committed equity interest of 49.9 percent and 50.1 percent, respectively, in an investee entity called M&Co Corp. to operate the business venture.
Dit verhaal komt uit de September 25, 2025-editie van The Philippine Star.
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