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Revision as of 18:03, 11 February 2014 editFranz710 (talk | contribs)Extended confirmed users620 edits Added {{linkrot}} tag (within {{multiple issues}}) to article (TW)← Previous edit Revision as of 19:17, 11 February 2014 edit undoDerek R Bullamore (talk | contribs)Autopatrolled, Extended confirmed users, Pending changes reviewers, Rollbackers341,535 edits Filling in 5 references using ReflinksNext edit →
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| owner = ] <small>(98.1%)</small>.<ref>http://business.inquirer.net/89464/pse-okays-alaska-milk-delisting</ref> | owner = ] <small>(98.1%)</small>.<ref name="inquirer1">{{cite web|url=http://business.inquirer.net/89464/pse-okays-alaska-milk-delisting |title=PSE okays Alaska Milk delisting &#124; Inquirer Business |publisher=Business.inquirer.net |date=2012-10-26 |accessdate=2014-02-11}}</ref>
| subsid = | subsid =
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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 ] in the ] (PSE) in 1995. 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 ] in the ] (PSE) in 1995.


Wilfred Steven Uytengsu, Jr., the 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>http://www.rappler.com/business/2285-foreign-firm-buys-out-alaska-milk</ref> Wilfred Steven Uytengsu, Jr., the 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 web|author= |url=http://www.rappler.com/business/2285-foreign-firm-buys-out-alaska-milk |title=Foreign firm buys out Alaska Milk |publisher=Rappler.com |date=2012-07-18 |accessdate=2014-02-11}}</ref>


In 2007, AMC acquired the canned milk business of ] Philippines, Inc. The acquisition included the Alpine, Liberty and Krem Top trademarks, as well as the trademark license for Nestle’s ] and Milkmaid brands.<ref>http://www.alaskamilk.com.ph/inv/Q1-2007.pdf</ref> In 2007, AMC acquired the canned milk business of ] Philippines, Inc. The acquisition included the Alpine, Liberty and Krem Top trademarks, as well as the trademark license for Nestle’s ] and Milkmaid brands.<ref>http://www.alaskamilk.com.ph/inv/Q1-2007.pdf</ref>


In 2012, ] acquired majority control of AMC from the Uytengsu family.<ref>http://www.alaskamilk.com/v2/news/alaska-milk-announces-partnership-with-campina/</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>http://www.interaksyon.com/business/26432/uytengsus-sell-controlling-stake-in-alaska-milk-to-royal-frieslandcampina</ref><ref>http://business.inquirer.net/89464/pse-okays-alaska-milk-delisting</ref> Wilfred Steven Uytengsu Jr. remains as President and CEO. 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 |accessdate=2014-02-11}}</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>{{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 |accessdate=2014-02-11}}</ref><ref name="inquirer1"/> Wilfred Steven Uytengsu Jr. remains as President and CEO.


==Products== ==Products==

===Alaska-branded products=== ===Alaska-branded products===
⚫ ====Evaporated and condensed milk====

⚫ ====Evaporated and Condensed Milk====

* Alaska Evaporated Filled Milk * Alaska Evaporated Filled Milk
* Alaska Sweetened Condensed Filled Milk * Alaska Sweetened Condensed Filled Milk


====Evaporated and Condensed Creamer==== ====Evaporated and condensed creamer====

* Alaska Condensada * Alaska Condensada
* Alaska Evaporada * Alaska Evaporada


====Powdered Milk==== ====Powdered milk====

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


====Ready to Drink Milk==== ====Ready to drink milk====

* Alaska Choco * Alaska Choco
* Alaska Fresh Milk * Alaska Fresh Milk
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* Alaska Yoghurt Drink * Alaska Yoghurt Drink


====All-Purpose Cream==== ====All-purpose cream====

* Alaska Crema * Alaska Crema


====Coffee Creamer==== ====Coffee creamer====

* Alaska Krem Top Coffee Creamer * Alaska Krem Top Coffee Creamer


====Nutritionals==== ====Nutritionals====

* Alaska Nutri Build 345 * Alaska Nutri Build 345


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*Alaska Ironkids Philippines (triathlon series) *Alaska Ironkids Philippines (triathlon series)
*Jr. ] Philippines (youth ] development program) *Jr. ] Philippines (youth ] development program)

==Popular culture==

The boy featured in the famous "One on One" commercial (1976) was portrayed by Michael Uytengsu, son of Wilfred Uytengsu, Sr. and younger brother of Wilfred Steven Uytengsu, Jr.


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


==External links== ==External links==

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Alaska Milk Corporation
Company typeMilk company
IndustryDairy products (Milk)
Founded1972
FounderWilfred Uytengsu, Sr. †
Headquarters6/F Corinthian Plaza 121 Paseo de Roxas Avenue, Makati City, Philippines
Key peopleWilfred Steven Uytengsu, Jr.
(President & CEO)
ProductsUHT milk, evaporated milk, condensed milk, powdered milk, coffee creamer and all-purpose cream
OwnerFrieslandCampina (98.1%).
Websitewww.alaskamilk.com

Alaska Milk Corporation (AMC) is the leading manufacturer of milk products in the Philippines. Its products are sold under the Alaska brand. The company also owns the Philippine Basketball Association (PBA) team, the Alaska Aces.

In 2012, Dutch dairy cooperative FrieslandCampina acquired control (98.1%) of the company from the founding Uytengsu family.

History

In 1972, Holland Milk Products, Inc. (HOMPI) was established. It was a joint venture between between AMC’s former parent company, 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., the 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, Inc. The acquisition included the Alpine, Liberty and Krem Top trademarks, as well as the trademark license 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. remains as President and CEO.

Products

Alaska-branded products

Evaporated and condensed milk

  • Alaska Evaporated Filled Milk
  • Alaska Sweetened Condensed Filled Milk

Evaporated and condensed creamer

  • Alaska Condensada
  • 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

  • Alpine Sterelized - under license from Nestle Philippines, Inc.
  • Carnation - under license from Nestlé Philippines, Inc.
  • Cow Bell
  • Liberty
  • Milkmaid - under license from Nestlé Philippines, Inc.

Sports

  • Alaska Aces (professional basketball team)
  • Alaska teamTBB Philippines (triathlon team)
  • Alaska Power Camp (basketball and football development camps)
  • Alaska Ironkids Philippines (triathlon series)
  • Jr. NBA Philippines (youth basketball development program)

References

  1. ^ "PSE okays Alaska Milk delisting | Inquirer Business". Business.inquirer.net. 2012-10-26. Retrieved 2014-02-11.
  2. "Foreign firm buys out Alaska Milk". Rappler.com. 2012-07-18. Retrieved 2014-02-11.
  3. http://www.alaskamilk.com.ph/inv/Q1-2007.pdf
  4. "Alaska Milk Announces Partnership with Campina - Alaska Milk Corporation". Alaskamilk.com. 2012-05-30. Retrieved 2014-02-11.
  5. Cuevas, Likha (2012-03-09). "Uytengsus sell controlling stake in Alaska Milk to Royal FrieslandCampina". InterAksyon.com. Retrieved 2014-02-11.

External links

PSE Composite Index companies of the Philippines
Current
Former
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

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