Century Pacific Foods Inc, Linaco Group Expand Partnership

Century Pacific Food Inc. (CNPF), a Philippine listed food company has expanded its partnership with Malaysian-headquartered coconut producer Linaco Group.  CNPF has signed a long-term contract as original equipment manufacturer (OEM) for the Linaco Group worth more than $50 million.  Its partnership with Linaco Group commenced in 2018 with CNPF signing on as OEM of Linaco’s leading coconut milk brands. And after two years of working together, the companies agreed to increase volume commitments and expand the range of products that CNPF would produce.

The partnership will strengthen CNPF’s position as a major player in the Philippine coconut industry.  Christopher Po, the company’s executive chairman, said CNPF’s growing presence in the global coconut market, both as an OEM export manufacturer and domestic branded player, was in line with its long-term vision of building a healthier and more diversified suite of shelf-stable food and beverage products.

CNPF is pouring in P300 million to augment its coconut manufacturing capacity as part of efforts to address the growing demand for high-value coconut products internationally. Its products include desiccated coconut, virgin coconut oil, coconut flour and coconut milk.  It also recently debuted its own brand, Coco Mama Fresh Gata, a coconut milk product sold in a convenient packaged format meant primarily for the Philippine domestic market.