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Alaska Milk Corporation

Formerly	Holland Milk Products, Inc. (1972–1994)
Company type	Private (1972–1995) Public (1995–2012) Subsidiary (since 2012)
Traded as	PSE: AMC (1995–2012)
Industry	Dairy
Founded	1972; 52 years ago (1972)
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

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

• Official website
• Friso Milk Philippines

v t e Nestlé
Divisions	Nestlé Purina PetCare Nestlé Waters Nestlé Wyeth Nutrition Divested BlueTriton Brands (Nestlé Waters North America)
Subsidiaries	Nestlé India (62.76%) Nestlé Pakistan Nestlé Canada Nestlé Japan Nestlé Malaysia Nestlé Lanka
Joint ventures	Beverage Partners Worldwide Cereal Partners Worldwide Froneri Nestlé Toll House Café
Other assets	Hsu Fu Chi (60%) L'Oréal (30.3%) Osem (100%) Yinlu Foods (60%) Malher (100%) Lactalis-Nestlé Fresh Products
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	Günter Blobel Paul Bulcke Peter Brabeck-Letmathe Nobuyuki Idei Henri Nestlé Kaspar Villiger
Related	Nestea European Championship Tour 1977 Nestlé boycott Nestlé Invitational Nestlé Rowntree F.C. Nestlé Smarties Book Prize Nestlé Tower Toll House cookies International Code of Marketing of Breast-milk Substitutes Nescafé Basement Maggi noodles safety concerns in India Freshly
Related articles	List of Nestlé brands Controversies of Nestlé
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.

• Companies formerly listed on the Philippine Stock Exchange
• FrieslandCampina subsidiaries
• Dairy products companies of the Philippines
• Drink companies of the Philippines
• Food and drink companies established in 1972
• Companies based in Makati
• Philippine companies established in 1972
• Philippine brands
• Philippine subsidiaries of foreign companies
• 2012 mergers and acquisitions