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{{short description|Filipino dairy products manufacturer}}
{{Multiple issues|
{{COI|date=October 2012}} {{use Philippine English|date=February 2023}}
{{More footnotes|date=October 2012}} {{use mdy dates|date=February 2022}}
}}
{{Infobox company {{Infobox company
| name = Alaska Milk Corporation | name = Alaska Milk Corporation
| logo = Alaska Milk Corporation logo.svg
| logo =
| logo_size = 200
| type = Milk company
| trade_name = Alaska
| slogan = ''Wala pa ring tatalo sa Alaska''
| type = ] (1972–94)<br>] (1994–95)<br>] (1995–2012)<br>] (since 2012)
| foundation = 1972
| traded_as = ]: AMC (1995–2012)
| founder =
| former_names = Holland Milk Products, Inc. (1972–1994)
| location_city = 6/F Corinthian Plaza 121 Paseo de Roxas Avenue, ]
| foundation = {{Start date and age|1972}}
| founder = Wilfred Uytengsu Sr.
| location_city = Paseo de Roxas, ], ]
| location_country = ] | location_country = ]
| area_served = Philippines
| key_people =
| key_people = {{ubl|] (chairman)|Marco G. Bertacca (managing director)|Jan Wegenaar (operations director)}}
| industry = ]
| industry = ]
| products = Fresh milk, evaporated milk, condensed milk, powdered milk, coffee creamer and cream
| products = {{ubl|]|]|]|]|]|]}}
| revenue =
| net_income = | revenue =
| assets = | net_income =
| equity = | assets =
| num_employees = | equity =
| owner =
| owner = ] <small>(68.9%)</small><ref>{{cite news|url=http://www.frieslandcampina.com/english/news-and-press/news/press-releases/2012-03-09-dairy-multinational-frieslandcampina-to-purchase-controlling-stake.aspx|title=Dairy multinational FrieslandCampina to purchase controlling stake in the Philippines’ Alaska Milk Corporation|language=]|publisher=]|date=March 9, 2012|accessdate=January 5, 2013}}</ref>
| subsid = | num_employees =
| parent = ]
| homepage =
| divisions =
| subsid =
| homepage = {{URL|https://www.alaskamilk.com/|alaskamilk.com}}
| footnotes =
}} }}


'''Alaska Milk Corporation''' ('''AMC'''), commonly known as '''Alaska''' (stylized in ]), is a Philippine dairy company headquartered in ]. It was founded in 1972 by Wilfred Uytengsu Sr. The company is a subsidiary of ] dairy cooperative ], which acquired control (98.1%) of the company from the founding Uytengsu family in 2012.<ref name="inquirer1">{{cite news|url=http://business.inquirer.net/89464/pse-okays-alaska-milk-delisting |title=PSE okays Alaska Milk delisting |newspaper=Philippine Daily Inquirer|date=2012-10-26 |access-date=2014-02-11}}</ref>
'''Alaska Milk Corporation''' ('''AMC''') is one of the leading manufacturers of milk products in the ]. Its milk products are sold under the Alaska brand and is also the parent company of the ] team, ]. Alaska Milk Corporation is also listed in the Philippine Stock Exchange. As of December 13, 2010, the company has a total market capitalization of P11.9 billion and share price of P13.50.


The company has no connection to the ] of ].<ref>{{cite news |last1=Hsieh |first1=Jeremy |title=Why "Alaska" Means Milk And Basketball To Many Filipinos |url=https://www.alaskapublic.org/2013/09/12/why-alaska-means-milk-and-basketball-to-many-filipinos/ |access-date=18 February 2022 |work=] |agency=KTOO-Juneau |date=12 September 2013}}</ref>
==Company profile==
Alaska Milk Corporation was incorporated in 1994. However, long before that, operations have already started as early as 1972 through a Holland Milk Products, Incorporated. Holland Milk was a joint venture between Holland Canned Milk International B.V. and General Milling Corporation, another company founded by Wilfred Steven Uytengsu, Sr.. General Milling has interest in flour, feeds and soy bean milling.
Holland Milk initially just produced canned evaporated and condensed milk and UHT ready to drink milk. But in the 1980S, the company started producing powder-filled milk under the Alaska brand. Because of the rapid growth of the company’s milk business, management decided to spin-off milk production as an independent entity and incorporated it as Alaska Milk Corporation in 1994. A year later, its shares were listed in the Philippine Stock Exchange under the stock symbol AMC.


==History==
When AMC reorganized its distribution operations and networks, Nabisco International and Quaker Oats, Incorporated tapped the company to be its exclusive distributor of Nabisco and Quaker Oats products. The agreement was terminated in 2001 when Philip Morris and Pepsi Company acquired Nabisco International and Quaker Oats, Incorporated, respectively.
]]]
Holland Milk Products, Inc. (HOMPI) was established in 1972. It was a joint venture between General Milling Corporation (GMC) and Holland Canned Milk International B.V. (now ]). HOMPI initially manufactured canned liquid milk (] and ]). It eventually expanded to manufacture ] and ].


In 1994, HOMPI was spun off from GMC and incorporated as Alaska Milk Corporation (AMC) under the control of Wilfred Uytengsu Sr. Shortly after its incorporation, AMC was ] in the ] (PSE) in 1995.
==Flagship brands==


], eldest son of Wilfred Sr., assumed the position of president and CEO in 2007. The elder Uytengsu died in April 2010 at the age of 82.<ref>{{cite news|url=http://www.rappler.com/business/2285-foreign-firm-buys-out-alaska-milk |title=Foreign firm buys out Alaska Milk |work=Rappler|date=2012-07-18 |access-date=2014-02-11}}</ref>
===Alaska-branded products===


In 2007, AMC acquired the canned milk business of ]. The acquisition included the Alpine, Liberty, and Krem-Top trademarks, as well as the trademark licenses (until 2021)<ref>{{cite web|url=https://www.manilatimes.net/2021/10/15/public-square/nestle-philippines-relaunches-nestle-carnation-and-nestle-milkmaid/1818508|title=Nestlé Philippines relaunches Nestlé Carnation and Nestlé Milkmaid|first=|last=|work=The Manila Times|date=October 15, 2021|access-date=October 31, 2021}}</ref> for Nestle's ] and Milkmaid brands.<ref>{{cite web |url=http://www.alaskamilk.com.ph/inv/Q1-2007.pdf |title=Alaska Quyarterly Update : Volume 14, Number 1 : 2007 |publisher=Alaskamilk.com.ph |access-date=2014-02-11 |archive-url=https://web.archive.org/web/20131203004723/http://www.alaskamilk.com.ph/inv/Q1-2007.pdf |archive-date=2013-12-03 |url-status=dead }}</ref><ref name="iuf.org">{{cite web |author=Posted by Greenfield on April 19, 2007 05:47 PM |url=http://www.iuf.org/nestle/2007/04/nestle_sells_off_milk_brands_i.html |title=Nestle Union Network: Nestle sells off milk brands in the Philippines; dairy plant in Vietnam |publisher=Iuf.org |date=2007-04-19 |access-date=2019-09-29 |archive-date=2018-05-28 |archive-url=https://web.archive.org/web/20180528191133/http://www.iuf.org/nestle/2007/04/nestle_sells_off_milk_brands_i.html |url-status=dead }}</ref>
====Evaporated and Condensed Milk====


In 2012, ] acquired majority control of AMC from the Uytengsu family.<ref>{{cite web |url=http://www.alaskamilk.com/v2/news/alaska-milk-announces-partnership-with-campina/ |title=Alaska Milk Announces Partnership with Campina – Alaska Milk Corporation |publisher=Alaskamilk.com |date=2012-05-30 |access-date=2014-02-11 |archive-url=https://web.archive.org/web/20160307210749/http://www.alaskamilk.com/v2/news/alaska-milk-announces-partnership-with-campina/ |archive-date=2016-03-07 |url-status=dead }}</ref> On November 5, 2012, AMC was ] from the PSE after FrieslandCampina completed its tender offering for 98.1% ownership of AMC. Prior to this, FrieslandCampina held an 8.1% interest in AMC.<ref name="inquirer1"/><ref>{{cite web |last=Cuevas |first=Likha |url=http://www.interaksyon.com/business/26432/uytengsus-sell-controlling-stake-in-alaska-milk-to-royal-frieslandcampina |title=Uytengsus sell controlling stake in Alaska Milk to Royal FrieslandCampina |publisher=InterAksyon.com |date=2012-03-09 |access-date=2014-02-11 |archive-url=https://web.archive.org/web/20131203031922/http://www.interaksyon.com/business/26432/uytengsus-sell-controlling-stake-in-alaska-milk-to-royal-frieslandcampina |archive-date=2013-12-03 |url-status=dead }}</ref> Wilfred Steven Uytengsu Jr. remained as president and CEO until the end of 2018.<ref>{{cite news|url=https://sports.mb.com.ph/2017/10/07/pba-uytengsu-retiring-but-remains-aces-head/|title=Uytengsu retiring but remains Aces head|first=Waylon|last=Galvez|work=Manila Bulletin|date=October 7, 2018|access-date=February 21, 2019}}</ref> Since 2019, Uytengsu serves as the Chairman of the company.
* Alaska Evaporated Filled Milk
* Alaska Sweetened Condensed Filled Milk


== Brands ==
====Evaporated and Condensed Creamer====
;Current

* Alaska Condensada * Alaska
* Alpine
* Alaska Evaporada

====Powdered Milk====

* Alaska Chocolate Powdered Milk Drink
* Alaska Instant Powdered Milk Drink

====Ready to Drink Milk====

* Alaska Choco
* Alaska Fresh Milk
* Alaska Hi-Calcium Non-Fat Milk
* Alaska Slim Milk
* Alaska Sweet Milk
* Alaska Yoghurt Drink

====All-Purpose Cream====

* Alaska Crema

====Coffee Creamer====

* Alaska Krem Top Coffee Creamer

====Nutritionals====

* Alaska Nutri Build 345

===Other brands===
Brands are manufactured by this company, under license from ]:
* Alpine
* Carnation
* Cow Bell * Cow Bell
* Friso
* Krem-Top
* Liberty * Liberty
;Former
* Milkmaid
* ] <small>(2007–2021)</small>
* Milkmaid <small>(2007–2021)</small>


==Sports==
==Other developments==
===Alaska Aces===
Following the termination of the distribution agreement, AMC introduced an evaporated creamer and a UHT All-Purpose Cream, Alaska Crema in 2003. The former was to complete the value line of liquid canned milk while the latter is to complete the line of cooking milk.
The company owned the ] team, the ], which it established in 1986. On February 16, 2022, AMC announced that the team will leave the PBA at the end of the ] due to a directive by its parent company, ].<ref name="end">{{cite news |last1=Catacutan |first1=Dodo |title= Alaska to bid the PBA goodbye at the end of the conference |url=https://www.spin.ph/basketball/pba/alaska-to-bid-the-pba-goodbye-at-the-end-of-the-conference-a791-20220216 |access-date=February 16, 2022 |website=spin.ph |date=February 16, 2022 |language=en}}</ref> Alaska ended their final PBA tournament with a loss to the ] in the quarterfinals.<ref>{{cite news |last1=Micaller |first1=Bea |title=NLEX ends road for Alaska, arranges semis showdown vs Ginebra |url=https://www.gmanetwork.com/news/sports/basketball/825622/nlex-ends-road-for-alaska-arranges-semis-showdown-vs-ginebra/story/ |access-date=20 March 2022 |work=GMA News |date=19 March 2022 |language=en}}</ref> Immediately following their final game on March 19, 2022, a brief ceremony was held to mark the Alaska's departure from the PBA.<ref>{{cite news |last1=Li |first1=Matthew |title=PBA presses final buzzer on Alaska |url=https://tiebreakertimes.com.ph/tbt/pba-presses-final-buzzer-on-alaska/234496 |access-date=20 March 2022 |work=Tiebreaker Times |date=26 March 2022}}</ref> On March 23, 2022, the PBA announced the sale of the Aces to ].<ref>{{Cite web |last=Co |first=Chris |title=Dennis A. Uy bibilhin ang Alaska franchise? |url=https://www.philstar.com/pilipino-star-ngayon/palaro/2022/03/13/2166930/dennis-uy-bibilhin-ang-alaska-franchise |access-date=2022-03-26 |website=Philstar.com}}</ref>


===Other sports sponsorships===
In 2007, AMC acquired international milk brands of Société Des Produits Nestlé S.A., which included Alpine, Liberty and Krem-Top brands. With these deals, AMC accounted nearly 80% of the liquid milk market. A year later, AMC introduced Alaska Yoghurt Drink and Cowbell Condensada. Cowbell Condensada is marketed towards lower-income consumers who have become price sensitive.
*Alaska Tri-Aspire Philippines (triathlon team)

*Alaska Power Camp (basketball and football development camps)
AMC also distributes other foreign brands. In 2005, it has signed an agreement with Kellogg’s Asia Marketing, Inc. to distribute Kellogg’s ready-to-eat cereals; and Hersheys Food Corporation for the Hershey UHT chocolate milk drink from 2003 to 2007.
*Alaska Ironkids Philippines (triathlon series)

*Alaska Football Cup (football tournament)
==Alaska Aces==
*Jr. ]/Jr. ] Philippines<ref>{{cite web|url=http://www.tribune.net.ph/sports/jr-nba-jr-wnba-all-set|title=Jr. NBA/ Jr. WNBA all set|publisher=The Daily Tribune|date=January 16, 2016|access-date=January 16, 2016|archive-date=January 17, 2016|archive-url=https://web.archive.org/web/20160117174001/http://www.tribune.net.ph/sports/jr-nba-jr-wnba-all-set|url-status=dead}}</ref> (presenting partner)
{{Main|Alaska Aces (PBA)}}
AMC CEO Wilfred Uytengsu, Jr. was only 23 years old when his father asked him to do a feasibility study on putting up a basketball team. The Alaska team debuted in 1986 with some of the holdovers from the Magnolia Team. But it was only in 1991 did the Alaska team win its first championship. To date, Alaska is one of the winningest team in the league with a total of 13 titles (six Governor's Cup and Inivitational Championship, three All-Filipino Cup Championship, two Commissioner's Cup Championship and two Fiesta Cup Championship). In September 2010, the Alaska franchise celebrated its 25 years in league and paid tribute to its players.


==References== ==References==
{{reflist}} {{Reflist}}


==External links== ==External links==
* * {{official website}}
*


{{PSEi}}
{{Alaska Aces}} {{Alaska Aces}}
{{Nestlé}}

{{Authority control}}
{{CC-notice|cc=bysa|url=http://en.wikipilipinas.org/index.php?title=Alaska_Milk_Corporation}}
{{CC-notice|cc=bysa3|url=http://en.wikipilipinas.org/index.php?title=Alaska_Milk_Corporation}}


{{DEFAULTSORT:Alaska Milk Corporation}} {{DEFAULTSORT:Alaska Milk Corporation}}
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Latest revision as of 17:59, 10 October 2024

Filipino dairy products manufacturer

Alaska Milk Corporation
Trade nameAlaska
FormerlyHolland Milk Products, Inc. (1972–1994)
Company typeJoint venture (1972–94)
Private (1994–95)
Public (1995–2012)
Subsidiary (since 2012)
Traded asPSE: AMC (1995–2012)
IndustryDairy
Founded1972; 53 years ago (1972)
FounderWilfred Uytengsu Sr.
HeadquartersPaseo de Roxas, Makati, Metro Manila, Philippines
Area servedPhilippines
Key people
Products
ParentFrieslandCampina
Websitealaskamilk.com

Alaska Milk Corporation (AMC), commonly known as Alaska (stylized in all caps), is a Philippine dairy company headquartered in Makati. It was founded in 1972 by Wilfred Uytengsu Sr. The company is a subsidiary of Dutch dairy cooperative FrieslandCampina, which acquired control (98.1%) of the company from the founding Uytengsu family in 2012.

The company has no connection to the US state of Alaska.

History

Alaska Milk Corporation facility in San Pedro, Laguna

Holland Milk Products, Inc. (HOMPI) was established in 1972. It was a joint venture between General Milling Corporation (GMC) and Holland Canned Milk International B.V. (now FrieslandCampina). HOMPI initially manufactured canned liquid milk (evaporated milk and condensed milk). It eventually expanded to manufacture powdered milk and UHT milk.

In 1994, HOMPI was spun off from GMC and incorporated as Alaska Milk Corporation (AMC) under the control of Wilfred Uytengsu Sr. Shortly after its incorporation, AMC was listed in the Philippine Stock Exchange (PSE) in 1995.

Wilfred Steven Uytengsu Jr., eldest son of Wilfred Sr., assumed the position of president and CEO in 2007. The elder Uytengsu died in April 2010 at the age of 82.

In 2007, AMC acquired the canned milk business of Nestlé Philippines. The acquisition included the Alpine, Liberty, and Krem-Top trademarks, as well as the trademark licenses (until 2021) for Nestle's Carnation and Milkmaid brands.

In 2012, FrieslandCampina acquired majority control of AMC from the Uytengsu family. On November 5, 2012, AMC was delisted from the PSE after FrieslandCampina completed its tender offering for 98.1% ownership of AMC. Prior to this, FrieslandCampina held an 8.1% interest in AMC. Wilfred Steven Uytengsu Jr. remained as president and CEO until the end of 2018. Since 2019, Uytengsu serves as the Chairman of the company.

Brands

Current
  • Alaska
  • Alpine
  • Cow Bell
  • Friso
  • Krem-Top
  • Liberty
Former
  • Carnation (2007–2021)
  • Milkmaid (2007–2021)

Sports

Alaska Aces

The company owned the Philippine Basketball Association (PBA) team, the Alaska Aces, which it established in 1986. On February 16, 2022, AMC announced that the team will leave the PBA at the end of the 2021 Governors' Cup due to a directive by its parent company, FrieslandCampina. Alaska ended their final PBA tournament with a loss to the NLEX Road Warriors in the quarterfinals. Immediately following their final game on March 19, 2022, a brief ceremony was held to mark the Alaska's departure from the PBA. On March 23, 2022, the PBA announced the sale of the Aces to Converge ICT.

Other sports sponsorships

  • Alaska Tri-Aspire Philippines (triathlon team)
  • Alaska Power Camp (basketball and football development camps)
  • Alaska Ironkids Philippines (triathlon series)
  • Alaska Football Cup (football tournament)
  • Jr. NBA/Jr. WNBA Philippines (presenting partner)

References

  1. ^ "PSE okays Alaska Milk delisting". Philippine Daily Inquirer. October 26, 2012. Retrieved February 11, 2014.
  2. Hsieh, Jeremy (September 12, 2013). "Why "Alaska" Means Milk And Basketball To Many Filipinos". Alaska Public Media. KTOO-Juneau. Retrieved February 18, 2022.
  3. "Foreign firm buys out Alaska Milk". Rappler. July 18, 2012. Retrieved February 11, 2014.
  4. "Nestlé Philippines relaunches Nestlé Carnation and Nestlé Milkmaid". The Manila Times. October 15, 2021. Retrieved October 31, 2021.
  5. "Alaska Quyarterly Update : Volume 14, Number 1 : 2007" (PDF). Alaskamilk.com.ph. Archived from the original (PDF) on December 3, 2013. Retrieved February 11, 2014.
  6. Posted by Greenfield on April 19, 2007 05:47 PM (April 19, 2007). "Nestle Union Network: Nestle sells off milk brands in the Philippines; dairy plant in Vietnam". Iuf.org. Archived from the original on May 28, 2018. Retrieved September 29, 2019.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. "Alaska Milk Announces Partnership with Campina – Alaska Milk Corporation". Alaskamilk.com. May 30, 2012. Archived from the original on March 7, 2016. Retrieved February 11, 2014.
  8. Cuevas, Likha (March 9, 2012). "Uytengsus sell controlling stake in Alaska Milk to Royal FrieslandCampina". InterAksyon.com. Archived from the original on December 3, 2013. Retrieved February 11, 2014.
  9. Galvez, Waylon (October 7, 2018). "Uytengsu retiring but remains Aces head". Manila Bulletin. Retrieved February 21, 2019.
  10. Catacutan, Dodo (February 16, 2022). "Alaska to bid the PBA goodbye at the end of the conference". spin.ph. Retrieved February 16, 2022.
  11. Micaller, Bea (March 19, 2022). "NLEX ends road for Alaska, arranges semis showdown vs Ginebra". GMA News. Retrieved March 20, 2022.
  12. Li, Matthew (March 26, 2022). "PBA presses final buzzer on Alaska". Tiebreaker Times. Retrieved March 20, 2022.
  13. Co, Chris. "Dennis A. Uy bibilhin ang Alaska franchise?". Philstar.com. Retrieved March 26, 2022.
  14. "Jr. NBA/ Jr. WNBA all set". The Daily Tribune. January 16, 2016. Archived from the original on January 17, 2016. Retrieved January 16, 2016.

External links

Alaska Aces
  • Founded in 1986
  • Disbanded in 2022
  • Owned by Alaska Milk Corporation
  • Formerly known as Alaska Milkmen, Alaska Air Force and Hills Bros. Coffee Kings
Franchise
Administration
Head coaches
Retired numbers
Championships
(14)
Runner-up finishes
(17)
Culture and lore
Seasons (35)
1980s
1986 1987 1988 1989
1990s
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
2000s
2000 2001 2002 2003 2004–05 2005–06 2006–07 2007–08 2008–09
2010s
2009–10 2010–11 2011–12 2012–13 2013–14 2014–15 2015–16 2016–17 2017–18 2019
2020s
2020 2021
Nestlé
Divisions
Divested
Subsidiaries
Joint ventures
Dissolved
Other assets
Brands
Appliances
Baby nutrition
Baking
Bottled water
Cereals
Chocolate
and desserts
Coffee and
beverages
Dairy products
Ice cream
Prepared and
packaged food
and snacks
Purina PetCare
Uncle Tobys
Former brands and
subsidiaries
People
Related
Related articles
  • Currently manufactured by General Mills in the U.S. and Canada. Produced by Cereal Partners under the Nestlé brand elsewhere. Brand owned by General Mills; U.S. and Canadian production rights controlled by Nestlé under license. U.S. production rights owned by The Hershey Company. U.S. rights and production owned by the Smarties Candy Company with a different product. U.S. rights and specific trade dress owned by Nestlé; rights elsewhere owned by Associated British Foods. Produced by Cereal Partners, branded as Nestlé. Produced by Cereal Partners and branded as Nestlé in the U.K. and Ireland. Produced by Post Foods elsewhere. Philippine production rights owned by Alaska Milk Corporation. Singaporean, Malaysian and Thai production rights owned by Fraser and Neave. Used only in Indonesia, Thailand, and Cambodia. Used only in the Philippines. U.S. production rights owned by the Ferrara Candy Company. NA rights and specific trade dress to all packaged coffee and other products under the Starbucks brand owned by Nestlé since 2019. Brand owned by Mars, sold by Nestlé in Canada. Produced by Froneri in the U.S. since 2020.

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