Ayala to sell up to 40% stake in AC Logistics to A.P. Moller Capital

Ayala Corp. announced on Thursday it will sell up to a 40 percent stake in its logistics arm, AC Logistics, to Danish transportation giant A.P. Moller Capital for an undetermined amount, subject to regulatory approvals and business milestones.

The partnership aims to enhance AC Logistics' operational scale and address the growing demand for supply chain services in the Philippines by leveraging A.P. Moller Capital's global expertise and track record.

Ayala emphasized that this collaboration would strengthen the company's position as a leading player in the logistics sector, with Ayala Corp.'s President and CEO Cezar P. Consing highlighting the importance of robust logistics infrastructure for a country with 7,000 islands.

AC Logistics, founded in 2021, provides integrated supply chain solutions including cold chain, contract, cross-border, and project logistics, operating distribution centers nationwide.

Ayala Corp.'s President and CEO Cezar P. Consing noted that the partnership will help address the Philippines' need for considerable logistics infrastructure.