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 Ayala Triangle Gardens, site of the headquarters of Ayala Corporation | |
| Formerly | Ayala y Compañía |
|---|---|
| Company type | Public |
| PSE: AC | |
| Industry | Conglomerate |
| Founded | Manila,Captaincy General of the Philippines 1834; 191 years ago (1834) |
| Founders | Domingo Róxas Antonio de Ayala |
| Headquarters | Ayala Triangle Gardens Tower 2, Paseo de Roxas cor. Makati Avenue,Makati,Metro Manila, Philippines |
Area served | Philippines Global Presence[1]
|
Key people | Directors[1]
Management Committee[1]
|
| Revenue |  ₱141.6 billion (2021)[5] |
| ₱36.036 billion (2021) | |
| Total assets |  ₱1.349 trillion (2021)[5] |
| Total equity | ₱565.3 billion (2021)[5] |
| Owner |
|
Number of employees | 60,150 (2021)[1] |
| Subsidiaries | List of subsidiaries[1]
|
| Website | ayala.com |
Ayala Corporation (Spanish:Corporación Ayala, formerlyAyala y Compañía;lit. 'Ayala & Company') is thepublicly listedholding company for the diversified interests of the Ayala Group. Founded in thePhilippines by Domingo Róxas and Antonio de Ayala duringSpanish colonial rule, it is the country'soldest and largestconglomerate. The company has a portfolio of diverse business interests, including investments in retail, education, real estate, banking, telecommunications,water infrastructure,renewable energy,electronics, information technology,automotive, healthcare, management, andbusiness process outsourcing. As of November 2015, it is the country's largest corporation in terms of assets ($48.7 billion).
Ayala y Compañía was established in 1876 and traces its origins to Casa Róxas, a partnership established in 1834 between landowner and entrepreneur Domingo Róxas and his employee Antonio de Ayala.[7][8] Their enterprise began with the formation of a distillery which became known as the maker ofGinebra San Miguel. Initially namedDestileria y Licoreria de Ayala y Compañía, it was known ultimately as the Ayala Distillery and was acquired byCarlos Palanca-owned[9] La Tondeña, Inc. in 1929.
In 1888, the company introduced the firsttramcar service in the Philippines. The company participated in the construction of theAyala Bridge over thePasig River in Manila. Originally built of wood in 1872, the bridge was reconstructed in steel in 1908 to become the first steel bridge in the Philippines.
Under the leadership of Colonel Joseph Ralph McMickin - who was married to Mercedes Zobel de Ayala - the company was also responsible for the urban development ofMakati afterWorld War II.[10]
Ayala y Compañía shifted from a partnership to a corporation with the establishment of Ayala Corporation in 1968. It welcomed the minority investment ofMitsubishi Corporation as its strategic partner in 1973[8] -1974.[11] The Ayala Corporation later became a public company in 1976.[12]
In 2011, the Ayala Corporation began building its renewable energy portfolio, beginning with a joint venture withMitsubishi for solar power and Sta. Clara Power forrun-of-the-river hydro power, and the purchase of the iconic Northwind farm for wind power. Ayala will contribute 1000 MW to the Philippine power supply by 2015.[13]FinanceAsia named Ayala Corporation as the best-managed company in the Philippines in 2010 and 2015, as well as Best for Corporate Governance and Best for Corporate Social Responsibility.[14]
Real estate[edit]
Financial services[edit]
Telecommunications[edit]Utilities[edit]
Power and transport[edit]
Manufacturing and automotive[edit]
| Social infrastructure[edit]
Nonprofit organizations[edit]
Business process outsourcing, Logistics and Digital businesses[edit]Divestments[edit]
|
In January 2006, the board of directors publicly announced the decision byJaime Zóbel de Ayala to retire as chairman of the corporation by April 2006. The board also announced his appointment as chairmanemeritus upon his retirement. His eldest son,Jaime Augusto Zóbel de Ayala, succeeded him as chairman and chief executive officer, while his younger son,Fernando Zóbel de Ayala, has assumed the position of president and chief operating officer. TheZóbel de Ayala family's holding company, Mermac, Inc., continues to hold the controlling stake (49%) in Ayala Corporation.[78]
{{cite web}}: CS1 maint: archived copy as title (link){{cite web}}: CS1 maint: archived copy as title (link)| International | |
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