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Alliance Global

Alliance Global, Inc. (AGI), styled on its logo as AllianceGlobal and also known as Alliance Global Group, is a Philippine conglomerate founded in 1993, it is a large holding company with business activities spanning the food and beverage industry (including both production and restaurant operations), gambling, and real estate development.

It is one of the largest conglomerates in the Philippines, and is managed by the family of its chairman and CEO Andrew Lim Tan.[1] In 2017, the company moved its headquarters to Uptown Bonifacio, Taguig in the Manila metropolitan area (the National Capital Region of the Philippines).[2]

On June 1, 2024, AGI announced the appointment of Kevin Andrew Tan, as president and chief operations officer of AGI, replacing Kingson Sian.[3]

Subsidiaries

Alliance Global Group is composed of several companies, including:[4]

Food & Beverage

  • Emperador Inc. – the company's beverage production arm best known for its Emperador brandy, which became the world's best-selling brandy (by volume) in 2006.[5][6][7] In 2014, Emperador Inc. purchased the Scottish whisky company Whyte and Mackay from India-based United Spirits Ltd for £430m.[8] In 2015, Emperador Inc. made a deal with Beam Suntory for the purchase of several brands and production facilities for P13.8 billion (275 million euros).[9] The deal with Beam Suntory included the purchase of Fundador from its owner, descendants of Pedro Domecq, and Bodegas Fundador (Spain's largest and oldest brandy dating to 1730 with facilities in Jerez and Tomelloso), Terry Centenario (Spain's top-selling brandy), Tres Cepas (Equatorial Guinea's top brandy brand), and Harveys (the UK's top brand of sherry).[10]
  • The Bar Vodka

Real Estate

  • Empire East Land Holdings Inc. (PSE:ELI) – a spun off company from Megaworld made to accommodate the middle-income market
  • Megaworld Corporation – the company's main real estate arm.
  • Megaworld Lifestyle Malls – the company's retail and commercial arm that develops its malls.
  • Suntrust Properties Inc.
  • Since 2001: First Centro, Inc.[11]

Hospitality

  • Golden Arches Development Corp – 49% ownership
  • McDonald's Philippines – main franchise in the Philippines.
  • Travellers International Hotel Group, Inc. - is the developer of Resorts World Manila and operates a gaming facility with hotel, retail, dining, leisure and entertainment attractions.

Infrastructure

  • Infracorp Development Inc. - the infrastructure company of the Alliance Global Group Inc.

Others

  • Agile Digital Ventures
  • Global Estate Resorts Inc.
  • Alliance Global Solution[12]
  • Pickaroo - Online Delivery App.
  • Newport World Resorts - along with the Genting Group
  • Since 2022: Total Airport Services (TAS), passenger and cargo handling specialist[13]

Legal issue

In April 2024, the Philippine Stock Exchange imposed fines on AGI for violations of Sections 17.6 and 17.13 of Article VII, 2023 Consolidated Listing and Disclosure Rules (failing to regularly report on shareholder information).[14][15]

External links

References

  1. Rising tycoon: Megaworld's Tan now heads RP McDonald's grp GMANews.TV, 2006-09-14, retrieved 2008-08-27^
  2. Arra Francia. Megaworld moves to new corporate headquarters 28 September 2017^
  3. Tyrone Jasper TPiad. Traveller CEO’s retirement prompts shakeup in AGI Philippine Daily Inquirer, June 4, 2024, retrieved June 5, 2024^
  4. AllianceGlobal Annual Report 2018^
  5. Wilson Lee Flores. Andrew Tan: The New Billionaire on the block Philippine Headline News Online, 9 January 2007, retrieved 2008-08-19^
  6. Kristiane Sherry. The top 10 best-selling Cognac and brandy brands The Spirits Business, 27 June 2017, retrieved 10 February 2019^
  7. Doris Dumlao-Abadilla. Globalizing corporate Philippines Philippine Daily Inquirer, 3 December 2018, retrieved 10 February 2019^
  8. Philippines firm Emperador buys Whyte & Mackay for £430m BBC News, 9 May 2014, retrieved 2016-08-12^
  9. Andrew Tan's Emperador buys Spain's Fundador December 2015^
  10. Kristyn Nika M. Lazo. Emperador buys Spain's Fundador The Manila Times, 1 December 2015, retrieved 2 December 2015^
  11. Alliance Global buys real estate company Philstar.com, 2001-08-23, retrieved 2025-03-28^
  12. Evie Duffy. Alliance Global Solution 20 March 2015, retrieved 15 May 2016^
  13. Alliance Ground International Acquires Total Airport Services Aviation Pros, 2022-05-10, retrieved 2025-03-28^
  14. PSE fines Andrew Tan’s AGI for disclosure violations bilyonaryo.com, April 7, 2024, retrieved April 8, 2024^
  15. Consolidated Listing and Disclosure Rules Philippine Stock Exchange, May 1, 2023, retrieved April 8, 2024^