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Pepsi-Cola Products Philippines, Inc.

Company Description
Pepsi-Cola Products Philippines, Inc. (PIP) was incorporated and registered with the Securities and Exchange Commission (SEC) on March 8, 1989 primarily to engage in manufacturing, sale and distribution of carbonated soft drinks and non-carbonated beverages, and confectionery products to retail, wholesale, restaurants and bar trades. On August 27, 2014, the SEC approved the amendment of PIP's primary purpose to also engage in the manufacturing, sale and distribution of snacks, food and food products.

PIP's major shareholder is Lotte Corporation (LC) which owns a 42.22% equity interest. In March 2020, the Philippine Competition Commission approved the proposed acquisition of LC's subsidiary, Lotte Chilsung Beverage Co., Ltd. (Lotte Chilsung), of the remaining shares of PIP. Lotte Chilsung completed its tender offer in June 2020, under which it was able to acquire 30.7% of the total outstanding and issued shares, bringing the Company's public ownership level down to 2.1%.

The Company remains the exclusive bottler in the Philippines of PepsiCo's beverage brands Pepsi, Mountain Dew, 7-Up, Mirinda, Mug, Gatorade, Tropicana, Sting, and Aquafina.

Source: SEC Form 17-A (2019)
Security Information
Sector Industrial
Subsector Food, Beverage & Tobacco
Corporate Life 50
Incorporation Date Mar 08, 1989
Number of Directors 9
Stockholders' Meeting as per By-Laws Last Friday of May
Fiscal Year 12/31 (Month/Day)
External Auditor R.G. Manabat & Co.
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address Km. 29 National Road Tunasan Muntinlupa City Philippines 1773
E-mail Address
Telephone Number (02) 8887-3774
Fax Number (02) 8850-0928