Ayala’s Logistics arm completes acquisition of AIR21 Group

(L-R) Nona Torres, AC Logistics Chief Commercial Officer; Rene Almendras, AC Logistics President and CEO; Alberto Lina, AIR21 Holdings Inc. Chairman; Atty. Mannie Alcantara, Legal Counsel of AIR21 Holdings Inc. 

August 30, 2022, MANILA – Ayala Corporation’s fully owned subsidiary, AC Logistics Holdings Corporation (AC Logistics), and Mr. Alberto D. Lina (ADL) reached financial close for the acquisition by AC Logistics of a 60% interest in AIR21 Holdings, Inc. (AHI). AHI has controlling interests in eight operating companies that include Airfreight 2100 Inc., Air 2100 Inc., U-Freight Philippines Inc., U-Ocean Inc., Cargohaus Inc., LGC Logistics Inc., Waste & Resources Management Inc., and Integrated Waste Management Inc. (AIR21 Group).

In November 2021, AC Logistics and ADL signed the Investment Agreement which governed the terms of the acquisition, subject to satisfaction of certain conditions precedent. On August 30, 2022, the parties concluded the transaction by signing the closing documents.

Ayala’s logistics journey started in 2018 when it launched Entrego Fulfillment Solutions, Inc. Since then, it has expanded from last mile delivery to domestic freight forwarding, contract logistics, and warehouse operations. This initial foray in logistics led Ayala Corporation to further expand its presence in the logistics sector. The acquisition of AHI provides the Ayala Group with a more robust capability to provide logistics services across the entire supply chain, including door-to-door express delivery, multiple types of warehouse operations, management, and digitization, international and domestic freight forwarding, and waste management services.

“AC Logistics is a realization of Ayala’s commitment to create shared value with our stakeholders. I have full confidence that the vision we created together with Mr. Lina will come to life through our teams’ shared experiences and unique expertise.” said Rene Almendras, President and CEO of AC Logistics.

The addition of the AIR21 Group to the AC Logistics portfolio, together with Entrego, creates synergies that can potentially generate greater operational efficiency and more efficient asset utilization. The combination of their respective capabilities puts the Ayala Group in a better position to provide technology driven end-to-end logistics services that can help address some of the challenges related to pharma and healthcare aides access, food preservation, and proper waste management.

Backed by AIR21 Group’s decades of comprehensive experience in logistics and Ayala’s proven leadership and management expertise, AC Logistics takes a strong stance in providing customers with effective and sustainable end-to-end logistics services across the value chain.

“From our decades of service excellence in the logistics industry, the Lina Group has nurtured a family of talented and resilient experts who are committed to deliver delight to our loyal customers. We are extremely excited to partner with the AC Logistics team to grow to greater heights in the future,” said Alberto D. Lina, Chairman of AIR21 Holdings Inc.

AC Logistics was supported by its advisors BPI Capital Corporation, Villaraza & Angangco (V&A Law), and KPMG; AIR21 Group was supported by its advisor Fortman Cline Capital Markets Limited (FCCM).


For more information:

RHYS BUCCAT Brand and Reputation Management Ayala Corporation e-mail – publicaffairs@ayala.com

NASH SUDARIO Associate, Corporate Communications & Sustainability AC Logistics e-mail – sudario.jnt@acinfra.com.ph

Healthway Cancer Care Center and Siemens Healthineers partner to revolutionize cancer care in the Philippines

[Left to right] Leaders from AC Health and Healthway Cancer Care Center Chief Finance Officer Ruby P. Chiong, Healthway Cancer Care Center Chief Operating Officer Jenara Rosanna F. Ong, AC Health President Paolo F. Borromeo, Siemens Healthineers President and Managing Director Juan Miguel P. Tan, Siemens Healthineers Philippines Finance Director Rosella Paula M. Villafuerte, Siemens Healthineers Head of Enterprise Services for Southeast Asia Chris Poray, and Siemens Healthineers Vice President & Head of Diagnostic Imaging Oliver Armnester Perez were present during the signing of the partnership.

Manila – On August 24, 2022, the Philippines’ first dedicated specialty cancer hospital, Healthway Cancer Care Center (HCCC), an AC Health company, formally entered into a value partnership with Siemens Healthineers, the leading provider in healthcare systems.

The 100-bed cancer facility within the ARCA South development is gearing towards its opening in mid-2023 with the construction of the building underway. Once completed, it will be the first comprehensive cancer specialty hospital in the country, where end-to-end oncology services can be availed by patients. This partnership with Siemens Healthineers, through providing technical expertise and technologies in diagnostic and therapeutic imaging, further strengthens the cancer hospital’s vision of providing quality, accessible and affordable cancer services to a broader base of Filipinos.

“We recognize that cancer-specific technologies play a vital role in detection, intervention, and monitoring, and can transform the quality of cancer care received by patients. Siemens Healthineers have always delivered patient-centered solutions to its clients, which in turn, result to better patient outcomes and experiences. Redefining the oncology landscape through better patient care is a common vision between AC Health and Siemens Healthineers, and we are proud to partner with them in realizing this vision,” said AC Health President & CEO Paolo Borromeo.

“Cancer has been a relentless threat to the lives of many. Our partnership with AC Health and Zodiac Health Ventures strengthens our purpose as we fight the world’s most threatening diseases through comprehensive cancer care. As AC Health builds the first cancer specialty hospital in the country with the Healthway Cancer Care Center, we can provide patients better quality of life through breakthrough innovations as we support healthcare professionals in delivering precision and high-quality care,” said Juan Miguel P. Tan, President and Managing Director of Siemens Healthineers Philippines.

Present in the signing were AC Health President and Chief Executive Officer Paolo F. Borromeo, Healthway Cancer Care Center Chief Operating Officer Jenara Rosanna F. Ong, Healthway Cancer Care Center Chief Finance Officer Ruby P. Chiong, Siemens Healthineers Philippines Finance Director, Rosella Paula M. Villafuerte, Siemens Healthineers Head of Enterprise Services for Southeast Asia Chris Poray, Siemens Healthineers Vice President & Head of Diagnostic Imaging Oliver Armnester Perez, and Siemens Healthineers President and Managing Director Juan Miguel P. Tan.

“Healthway Cancer Care Center (HCCC) aims to be the go-to facility service provider for all cancer patients.  And since each patient has a unique medical need, with our collaboration with Siemens Healthineers, we will be able to deliver the premium level of care to our patients. Accurate and timely diagnosis needed for the treatment of their condition is critical to the patient’s treatment journey and this is a point of focus in our patient care pathway,” said HCCC President and CEO Jaime E. Ysmael.

With valuable partnerships, mutual collaboration, and an expert team of cancer specialists, Healthway Cancer Care Center hopes to address this critical public health problem and provide accessible and affordable cancer care to Filipinos. Beyond the cancer hospital, AC Health aims to leverage its integrated healthcare network to expand its oncology services. A hub-and-spoke model, involving its integrated clinic and hospital network, allows AC Health to drive access to affordable cancer care for patients across the country. As such, Healthway and QualiMed will serve as “spokes” of the model and extensions of the cancer hospital “hub.” This provides patients more avenues to seek consultation and have easier access to cancer screening and detection. The vision of this model is to provide impact and solutions to the many Filipinos in need of cancer services. 


AC Health

Ayala Healthcare Holdings, Inc. (AC Health) is a wholly-owned subsidiary of the Ayala Corporation, and serves as the portfolio company for healthcare businesses. Its vision is to build an ecosystem that links every patient to a seamless healthcare experience. Its portfolio includes Generika Drugstore, the pioneer in generic retail drugstores, IE Medica and MedEthix, major pharmaceutical importer and distributor, Healthway, a network of primary care, multi-specialty, and corporate clinics, and QualiMed, a comprehensive network of full-service hospitals, multi-specialty clinics, and a stand-alone day surgery center. AC Health has also invested in health technology solutions, most recently, HealthNow, a healthcare aggregator app that offers online consultations, medicine delivery, and clinic and diagnostic booking.

For information:

Selena Tricia Reyes Email: zhvi_selenatricia.reyes@healthway.com.ph

WeAreAyala Business Club Iloilo commits to do more for the greater good

Dinagyang Dancers of the Ilonggo Artists Festival Association wowed the Ayala employees with their outstanding cultural performance. AC Executives, from left: Ayala Corporation (AC) Senior Managing Director and Public Affairs Group Head Rene Almendras, AC Industrial Technology Holdings, Inc. Group President and CEO Art Tan, BPI President and CEO TG Limcaoco, AC President and CEO Fernando Zobel de Ayala, Globe Chief Commercial Officer Issa Guevarra-Cabreira, AC Strategic Adviser to Corporate Resources Group and Human Resources Group Francisco Romero Milan, AC Head of Security and Crisis Management General Emmanuel Bautista, and AC Health President and CEO Paolo Borromeo.

ILOILO CITY — The Ayala group continues to launch WeAreAyala Business Club (WAABC) chapters across key cities in the country, with an aim to re-energize business units, establish synergy and communication, and fellowship among Ayala group employees, and boost engagement with local communities.

Following WAABC Cebu’s launch in April, the Ayala group launched the WAABC Iloilo chapter at the Iloilo Convention Center last May 2022. The City of Love has had its fair share of community initiatives with Ayala since 2016. From the Book Donation with Groliers and the Bantay Bata Medical Mission to the more recent BuyAni Project and ABC Brigada Eskwela, Iloilo truly is a “special place for Ayala,” as Fernando Zobel de Ayala, Ayala Corporation President and CEO, said.

“This is one of the most impressive cities I’ve seen in the country, and I commit that we will do more,” Zobel said.

About 250 employees from 16 business units in the Ayala group in Iloilo attended the WeAreAyala town hall, giving them a chance to engage with and get to know each other towards better collaboration on future projects.

In the evening, the group’s most valued clients and partners were welcomed with a cocktail event to show the group’s appreciation for their long-standing relationship and support. The Ayala executives took time to talk to each client, ensuring that they will continue to be served well and that potential business opportunities will be explored.

It was a day full of activities that highlighted each employee’s contribution and how their roles fit into the organization, helping forge stronger bonds, build new friendships, and start insightful discourses among attendees.

Liezyl Villanueva, Globe Telecom Retail Area Head for Panay Island and newly inducted WAABC Iloilo Board Member who has been with the Ayala group for 25 years, shared how the event served as an opportunity to synergize with internal and external business partners.

“Across the group, we talk a lot about how we can better serve our customers through cross-functional and inter-Ayala Group collaboration. Most of the time, their customers are also ours and it’s a joy to see that we are not only able to offer products and services but also programs that involve sustainability, volunteerism, and sports. This way, our approach becomes holistic, making our customers our top priority.”

“Since WAABC has the network, I am pretty sure, in the future, if I need help, most of WAABC would just be one call away. I know I can count on them,” shared Fatima Joy Reyes, Ayala Property Management Corporation Area Head for Western Visayas and newly inducted WAABC Board Member.

The success of the WAABC Iloilo launch involves cultivating a shared vision, mutual respect, and a commitment to doing what it takes to fulfill its bigger mission: #AyalaForTheGreaterGood.

It also speaks to the Ayala Group’s contributions to Iloilo: it redeveloped the Sicogon Island in Carles, Iloilo, a popular beach destination back in the 1970s, and built the Atria Park District, a township which has condominiums, shopping centers, and hotels.

At the end of the year, WAABC Iloilo plans to do more for and with the city by infusing more investments and undertaking health and environment programs such as tree planting and medical missions.

“As we move forward, Ayala will continue along the path of meaningful and tangible impact to all our stakeholders in the investments that we make, the projects that we implement or the social impact initiatives that we participate in,” said Fernando Zobel de Ayala. “I am excited to see what all of us can achieve together as we enter this new era for WAABC across the country… Let’s work together to do more in this great city and province.”


For more information:

Head, Brand and Reputation Management
Ayala Corporation
e-mail – publicaffairs@ayala.com