BusinessWorld on MSN

AC Logistics to acquire majority stake in Glacier Megafridge

AC LOGISTICS Holdings Corp. has signed an investment agreement to acquire an approximately 84% stake in cold storage firm Glacier Megafridge, Inc. (GMI), pending regulatory approval and closing ...
The Manila Times on MSN

AC Logistics boosts cold storage capability

AC Logistics Holdings Corp., the logistics arm of Ayala Corp., has signed an agreement to acquire around 84 percent in Glacier Megafridge, Inc. (GMI), a leading player in the Philippine cold storage ...