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	], 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>		], 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>

	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 .<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>		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 .<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>

	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.		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.

Revision as of 02:43, 19 November 2023

Filipino dairy products manufacturer

Alaska Milk Corporation

Company type	Private (1972–1995) Public (1995–2012) Subsidiary (since 2012)
Industry	Dairy products (milk)
Founded	September 24, 1972; 52 years ago (1972-09-24)
Founder	Wilfred Uytengsu Sr.
Headquarters	Paseo de Roxas, Makati, Metro Manila, Philippines
Area served	Philippines
Key people	Wilfred Steven Uytengsu Jr. (chairman) Marco G. Bertacca (managing director) Jan Wegenaar (operations director)
Products	All-purpose cream Coffee creamer Condensed milk Evaporated milk Powdered milk UHT milk
Parent	FrieslandCampina
Website	alaskamilk.com

Alaska Milk Corporation (AMC) 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

On September 24, 1972, 3 days after the martial law, Holland Milk Products, Inc. (HOMPI) was established. 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 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 Nestle Milkmaid Full Cream.

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

^ "PSE okays Alaska Milk delisting". Philippine Daily Inquirer. October 26, 2012. Retrieved February 11, 2014.
Hsieh, Jeremy (September 12, 2013). "Why "Alaska" Means Milk And Basketball To Many Filipinos". Alaska Public Media. KTOO-Juneau. Retrieved February 18, 2022.
"Foreign firm buys out Alaska Milk". Rappler. July 18, 2012. Retrieved February 11, 2014.
"Nestlé Philippines relaunches Nestlé Carnation and Nestlé Milkmaid". The Manila Times. October 15, 2021. Retrieved October 31, 2021.
"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.
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)
"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.
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.
Galvez, Waylon (October 7, 2018). "Uytengsu retiring but remains Aces head". Manila Bulletin. Retrieved February 21, 2019.
Catacutan, Dodo (February 16, 2022). "Alaska to bid the PBA goodbye at the end of the conference". spin.ph. Retrieved February 16, 2022.
Micaller, Bea (March 19, 2022). "NLEX ends road for Alaska, arranges semis showdown vs Ginebra". GMA News. Retrieved March 20, 2022.
Li, Matthew (March 26, 2022). "PBA presses final buzzer on Alaska". Tiebreaker Times. Retrieved March 20, 2022.
Co, Chris. "Dennis A. Uy bibilhin ang Alaska franchise?". Philstar.com. Retrieved March 26, 2022.
"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

Owner: Wilfred Steven Uytengsu
Board Governor and Team Manager: Dickie Bachmann

Head coaches

Retired numbers

Championships
(14)

Runner-up finishes
(17)

Culture and lore

Seasons (35)

1980s

1990s

2000s

2010s

2020s

Divisions

Nestlé Purina PetCare Nestlé Waters Nestlé Wyeth Nutrition
Divested	BlueTriton Brands (Nestlé Waters North America)

Subsidiaries

Joint ventures

Other assets

Brands

Appliances	BabyNes Dolce Gusto Nespresso Special.T SICAL
Baby nutrition	BabyNes Bear Brand Cerelac Gerber Nido
Baking	Libby's Toll House cookies
Bottled water	Contrex Acqua Panna Perrier Princes Gate Pure Life S.Pellegrino Vittel
Cereals	Cheerios Chocapic Cinnamon Toast Crunch Cookie Crisp Corn Flakes Fitness Golden Grahams Golden Nuggets Lion Cereal Lucky Charms Milo Cereal Nesquik (cereal) Trix Shreddies Shredded Wheat
Chocolate and desserts	Animal Bar Abuelita Aero Aero Biscuits After Eight Allen's Bar One Bertie Beetle Big Turk Blue Riband Black Magic Bono Breakaway Cailler Caramac Carlos V Cheekies Chokito Coffee Crisp Crisp Crunch Drifter Fox's Garoto Goobers Kit Kat Kit Kats in Japan Kohler Life Savers Lion Mackintosh's Toffee Matchmakers Menier Chocolate Milkybar Milo Mirage Munchies Negresco Nestlé Milk Chocolate Passatempo Peppermint Crisp Perugina Polo Quality Street Red Ripperz Rolo Rowntree's Rowntree's Fruit Gums Rowntree's Fruit Pastilles Sin Parar Smarties Svitoch TEX Walnut Whip White Knight Yorkie Zvečevo
Coffee and beverages	Abuelita Alpine Acticor BabyNes Blue Bottle Coffee Boost Carnation Caro Chameleon Cold-Brew Chuckie Coffee-Mate Dolce Gusto Huesitos Klim La Lechera Menier Milo cocoa Nescafé Nescafé Azera Nescafé Gold Nescau Nesfruta Nespresso Nesquik Nestea Ovaltine Ricoré Seattle's Best Coffee Starbucks Supligen Sweet Leaf Zoégas
Dairy products	Alpine Bear Brand Carnation Coffee-Mate La Lechera Nesquik
Ice cream	D'Onofrio Drumstick Eskimo Pie Fab Frosty Paws Häagen-Dazs Hjem-IS Ice Screamers Kit Kat Maxibon Mövenpick Parlour Savory Smarties
Prepared and packaged food and snacks	Buitoni California Pizza Kitchen DiGiorno Herta Hot Pockets Lean Cuisine Libby's Lean Pockets Maggi Stouffer's Thomy Tombstone Uncle Tobys Winiary Wagner Yinlu Foods
Purina PetCare	Alpo Bakers Complete Beggin' Strips Beneful Bonio Dog Chow Fancy Feast Felix Friskies Frosty Paws ONE Winalot
Uncle Tobys	Cheerios PLUS Weeties
Former brands and subsidiaries	Alcon Alfasigma Arrowhead Butterfinger Baby Ruth Chocolate Surpresa Deer Park Dreyer's Enviga Gale's Galderma Laboratories Cetaphil Epiduo Restylane Hoadley's Ice Mountain Jenny Craig Ozarka Peter's Chocolate Poland Spring Polly Waffle PowerBar Powwow Water Rowntree Mackintosh Violet Crumble Wonder Ball Zephyrhills

People

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.

Category
Commons

This article incorporates text available under the CC BY-SA 3.0 license.

Categories:

Revision as of 02:42, 19 November 2023 editJustinKurt1413 (talk \| contribs)376 editsNo edit summaryTags: Reverted Mobile edit Mobile web edit← Previous edit		Revision as of 02:43, 19 November 2023 edit undoJustinKurt1413 (talk \| contribs)376 edits →History Tags: Reverted Mobile edit Mobile web editNext edit →
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	], 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>		], 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>

	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 .<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>		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 .<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>

	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.		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.