Ayala Corporation

{{Short description|Publicly listed holding company for the diversified interests of the Ayala Group}}

{{Infobox company

| name = Ayala Corporation

| logo = Ayala Logo.svg

| logo_size = 200px

| former_names = Ayala y Compañía

| image = Ayala Triangle Gardens North.jpg

| image_caption = Ayala Triangle Gardens, site of the headquarters of Ayala Corporation

| type = Public

| traded_as = {{Pse|AC}}

| foundation = Manila, Captaincy General of the Philippines
{{start date and age|1834}}

| industry = Conglomerate

| founders = Domingo Róxas
Antonio de Ayala

| location = Ayala Triangle Gardens Tower 2, Paseo de Roxas cor. Makati Avenue, Makati, Metro Manila, Philippines

| area_served = Philippines
{{Collapsible list | title = Global Presence{{cite report |author=Ayala Corp. |author-link= |date= |title=Building businesses for the greater good (2021 Integrated Report) |url=https://drive.google.com/file/d/1p6EJUSZM1jQ-iP9CFGlvkHkj_GxVCYVs/view |publisher= |page= |access-date= |quote= |archive-date=October 31, 2023 |archive-url=https://web.archive.org/web/20231031170255/https://drive.google.com/file/d/1p6EJUSZM1jQ-iP9CFGlvkHkj_GxVCYVs/view |url-status=live }} | Americas: United States, Mexico, Cayman Islands, British Virgin Islands (4) | Europe: United Kingdom, Germany, Czech Republic, France, Serbia, Bulgaria (6)| Middle East: Israel, Saudi Arabia (2) | Asia: India, China, Japan, Myanmar, Thailand, Vietnam, Hong Kong, Taiwan, Malaysia, Singapore, Indonesia (11) | Oceania: Australia (1)}}

| key_people = {{Collapsible list | title = Directors| bullets = true |Jaime Augusto Zóbel de Ayala (chairman)|Cezar P. Consing (President and CEO){{cite web|url=https://www.pds.com.ph/wp-content/uploads/2022/09/Disclosure-No.-3552-2022-Results-of-Board-Meeting-held-on-September-27-2022-Election-of-Director-Appointment-of-Officers-Changes-in-the-Composition-of-the-Board-Committees.pdf|title=Disclosure No. 3552-2022 Results of Board Meeting held on September 27 2022 Election of Director Appointment of Officers Changes in the Composition of the Board Committees|first=|last=|date=September 27, 2022|access-date=September 27, 2022|archive-date=September 27, 2022|archive-url=https://web.archive.org/web/20220927153812/https://www.pds.com.ph/wp-content/uploads/2022/09/Disclosure-No.-3552-2022-Results-of-Board-Meeting-held-on-September-27-2022-Election-of-Director-Appointment-of-Officers-Changes-in-the-Composition-of-the-Board-Committees.pdf|url-status=live}}|Maria Lourdes Heras-de Leon (Former president)|Delfin Lazaro (Non-Executive Director)|Keiichi Matsunaga (Non-Executive Director)|Mercedita S. Nolledo (Non-Executive Director){{cite web|url=https://www.pds.com.ph/wp-content/uploads/2022/09/Disclosure-No.-3552-2022-Results-of-Board-Meeting-held-on-September-27-2022-Election-of-Director-Appointment-of-Officers-Changes-in-the-Composition-of-the-Board-Committees.pdf|title=Disclosure No. 3552-2022 Results of Board Meeting held on September 27 2022 Election of Director Appointment of Officers Changes in the Composition of the Board Committees|first=|last=|date=September 27, 2022|access-date=September 27, 2022|archive-date=September 27, 2022|archive-url=https://web.archive.org/web/20220927153812/https://www.pds.com.ph/wp-content/uploads/2022/09/Disclosure-No.-3552-2022-Results-of-Board-Meeting-held-on-September-27-2022-Election-of-Director-Appointment-of-Officers-Changes-in-the-Composition-of-the-Board-Committees.pdf|url-status=live}}|Antonio Jose U. Periquet (Lead Independent Director)|Rizalina G. Mantaring (Independent Director)}}
{{Collapsible list | title = Management Committee| bullets = true |Jaime Augusto Zóbel de Ayala (advisor)|Cezar P. Consing (President and CEO){{cite web|url=https://www.pds.com.ph/wp-content/uploads/2022/09/Disclosure-No.-3552-2022-Results-of-Board-Meeting-held-on-September-27-2022-Election-of-Director-Appointment-of-Officers-Changes-in-the-Composition-of-the-Board-Committees.pdf|title=Disclosure No. 3552-2022 Results of Board Meeting held on September 27 2022 Election of Director Appointment of Officers Changes in the Composition of the Board Committees|first=|last=|date=September 27, 2022|access-date=September 27, 2022|archive-date=September 27, 2022|archive-url=https://web.archive.org/web/20220927153812/https://www.pds.com.ph/wp-content/uploads/2022/09/Disclosure-No.-3552-2022-Results-of-Board-Meeting-held-on-September-27-2022-Election-of-Director-Appointment-of-Officers-Changes-in-the-Composition-of-the-Board-Committees.pdf|url-status=live}}|John Eric T. Francia (ACEN President and CEO)|Ruel T. Maranan (Ayala Foundation President)|Bernard Vincent O. Dy (Ayala Land President and CEO)|Alfredo I. Ayala (iPeople COO)|Arthur R. Tan (AC Industrial President and CEO)|John Philip S. Orbeta (Chief Human Resources Officer)|Jose Teodoro K. Limcaoco (BPI President and CEO)|Solomon M. Hermosura (Chief Legal Officer)|Jose Rene Gregory D. Almendras (AC Infrastructure President and CEO)|Ernest Lawrence L. Cu (Globe President and CEO)|Paolo Maximo F. Borromeo (AC Health President and CEO)|Alberto M. de Larrazabal (Ayala Chief Finance, Risk, and Sustainability Officer)|Francisco Romero Milan (Strategic Adviser for Human Resources)}}

| net_income = {{up}} {{currency|36.036|PHP}} billion (2021)

| revenue = {{up}} {{currency|141.6|PHP}} billion (2021)

| num_employees = 60,150 (2021)

| owner = {{bulleted list|Mermac, Inc. (Zóbel de Ayala family's holding companyhttps://bilyonaryo.com/2024/03/10/zobel-familys-mermac-picks-up-ayala-corp-preferred-shares-sold-by-mitsubishi/business/) (47.8%){{cite web | url=https://edge.pse.com.ph/openDiscViewer.do?edge_no=1068e4a17b4212ffabca0fa0c5b4e4d0 | title=List of Top 100 Stockholders (Common Shares) }}|Public (44.89%)|SM Group (3.74%)}}

| assets = {{down}} {{currency|1.349|PHP}} trillion (2021){{cite report |author=Ayala Corp. |author-link= |date= |title=Ayala Corp.'s 2021 Annual Report (SEC-17A) |url=https://drive.google.com/file/d/15RGZl13r_Jo9xxu8Xt9-sJlljSxO4wOr/view |publisher= |page= |access-date= |quote= |archive-date=May 7, 2022 |archive-url=https://web.archive.org/web/20220507091719/https://drive.google.com/file/d/15RGZl13r_Jo9xxu8Xt9-sJlljSxO4wOr/view |url-status=live }}

| equity = {{up}} {{currency|565.3|PHP}} billion (2021)

| subsid = {{Collapsible list | title = List of subsidiaries|Ayala Land (46.3%)|BPI (48.5%)|Globe (30.8%)|ACEN (64.7%)|Emerging Businesses: AC Health, AC Logistics|Portfolio Investments: AC Industrials, AC Infra, AC Ventures, Manila Water, iPeople}}

| homepage = [https://ayala.com/ ayala.com]|

}}

Ayala Corporation ({{langx|es|Corporación Ayala}}, formerly Ayala y Compañía; {{literal translation|Ayala & Company}}) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and Antonio de Ayala during Spanish colonial rule, it is the country's oldest and largest conglomerate. The company has a portfolio of diverse business interests, including investments in retail, education, real estate, banking, telecommunications, water infrastructure, renewable energy, electronics, information technology, automotive, healthcare, management, and business process outsourcing. As of November 2015, it is the country's largest corporation in terms of assets ($48.7 billion).

History

Ayala y Compañía was established in 1876 and traces its origins to Casa Róxas, a partnership established in 1834 between landowner and entrepreneur Domingo Róxas and his employee Antonio de Ayala.{{cite book|last1=Borja|first1=Marciano|title=Basques in the Philippines|date=May 1, 2005|publisher=University of Nevada Press|location=Nevada|isbn=0874175909|url=https://books.google.com/books?id=xXpiujH2uOwC&pg=PA124 |page=124|access-date=June 6, 2014}}https://www.cia.gov/readingroom/docs/CIA-RDP90-00494R001100710133-1.pdf Their enterprise began with the formation of a distillery which became known as the maker of Ginebra San Miguel. Initially named Destileria y Licoreria de Ayala y Compañía , it was known ultimately as the Ayala Distillery and was acquired by Carlos Palanca-ownedhttps://rum.cz/galery/sas/ph/tondena/index-en.htm La Tondeña, Inc. in 1929.

In 1888, the company introduced the first tramcar service in the Philippines. The company participated in the construction of the Ayala Bridge over the Pasig River in Manila. Originally built of wood in 1872, the bridge was reconstructed in steel in 1908 to become the first steel bridge in the Philippines.

Under the leadership of Colonel Joseph Ralph McMickin - who was married to Mercedes Zobel de Ayala - the company was also responsible for the urban development of Makati after World War II.{{cite news |last1=Jamora-Garceau |first1=Therese |date=October 6, 2017 |title=Ayala unveils McMicking memorial in Makati |url=https://www.philstar.com/lifestyle/modern-living/2017/10/06/1746147/ayala-unveils-mcmicking-memorial-makati |url-status=live |archive-url=https://web.archive.org/web/20231107103643/https://www.philstar.com/lifestyle/modern-living/2017/10/06/1746147/ayala-unveils-mcmicking-memorial-makati |archive-date=November 7, 2023 |access-date=27 October 2023 |work=Philstar.com}}

Ayala y Compañía shifted from a partnership to a corporation with the establishment of Ayala Corporation in 1968. It welcomed the minority investment of Mitsubishi Corporation as its strategic partner in 1973https://www.cia.gov/readingroom/docs/CIA-RDP90-00494R001100710133-1.pdf -1974.{{cite web |last=Gonzales |first=Iris |date=March 16, 2018 |title=Mitsubishi eyes more collaboration with Ayala Group |url=https://www.philstar.com/business/2018/03/26/1800260/mitsubishi-eyes-more-collaboration-ayala-group |url-status=live |archive-url=https://web.archive.org/web/20220510073028/https://www.philstar.com/business/2018/03/26/1800260/mitsubishi-eyes-more-collaboration-ayala-group |archive-date=May 10, 2022 |access-date=May 10, 2022 |work=The Philippine Star}} The Ayala Corporation later became a public company in 1976.{{cite web|url=https://www.esquiremag.ph/the-good-life/mavericks/ayala-corp-history-a00300-20190922-lfrm2|title=The Milestones That Made Ayala Corporation One of the Largest Conglomerates in the Country|first=Nicole|last=Cruz|work=Esquire Philippines|date=September 22, 2019|access-date=May 8, 2022|archive-date=May 25, 2022|archive-url=https://web.archive.org/web/20220525012641/https://www.esquiremag.ph/the-good-life/mavericks/ayala-corp-history-a00300-20190922-lfrm2|url-status=live}}

In 2011, the Ayala Corporation began building its renewable energy portfolio, beginning with a joint venture with Mitsubishi for solar power and Sta. Clara Power for run-of-the-river hydro power, and the purchase of the iconic Northwind farm for wind power. Ayala will contribute 1000 MW to the Philippine power supply by 2015.[http://business.inquirer.net/money/breakingnews/view/20110420-332221/Ayala-to-venture-into-green-hydro-power-projects-with-Sta-Clara "Ayala Corp Builds Renewable Energy Portfolio with Run-of-the-River Hydropower"] {{webarchive |url=https://web.archive.org/web/20110423040442/http://business.inquirer.net/money/breakingnews/view/20110420-332221/Ayala-to-venture-into-green-hydro-power-projects-with-Sta-Clara |date=April 23, 2011 }}, The Philippine Daily Inquirer FinanceAsia named Ayala Corporation as the best-managed company in the Philippines in 2010 and 2015, as well as Best for Corporate Governance and Best for Corporate Social Responsibility.[http://www.financeasia.com/Tools/Print.aspx?CIID=173287 "Asia's best managed companies: Indonesia and the Philippines"] {{Webarchive|url=https://web.archive.org/web/20110511202023/http://www.financeasia.com/Tools/Print.aspx?CIID=173287 |date=May 11, 2011 }}, Finance Asia

Attached companies and investments

= Real estate =

Alveo Land
Ayala Land Inc.
AyalaLand Logistics Holdings Corp. (ALLHC)
Ayala Malls
Makati Development Corp. (MDC)
AG Holdings, Ltd.{{cite web|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=8459585&ticker=AC:PM&previousCapId=878942&previousTitle=AYALA%20CORPORATION|title=Charles H. Cosgrove J.D.: Executive Profile & Biography - Businessweek|website=Businessweek.com|date=February 10, 2024 }}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}{{cite web|url=http://news.xinhuanet.com/english/2009-04/06/content_11139785.htm|archive-url=https://web.archive.org/web/20090408054935/http://news.xinhuanet.com/english/2009-04/06/content_11139785.htm|url-status=dead|archive-date=April 8, 2009|title=Philippine Ayala Corp eyes Chinese, Indian real estate markets_English_Xinhua|website=Xinhuanet.com}}
Avida Land {{cite web|url=https://avidaverrasettings.com/|title=Avida Properties in Vermosa Cavite, Avida Verra Settings|website=avidaverrasettings.com|access-date=January 29, 2020|archive-date=January 29, 2020|archive-url=https://web.archive.org/web/20200129071916/https://avidaverrasettings.com/|url-status=live}}
Amaia Land {{cite web|url=https://ayala-amaialand.com/|title=Amaia Properties in Vermosa Cavite, Amaia Series in Vermosa Cavite|website=ayala-amaialand.com|access-date=January 29, 2020|archive-date=January 29, 2020|archive-url=https://web.archive.org/web/20200129071919/https://ayala-amaialand.com/|url-status=live}}
Bellavita
Portico Land Corp. - joint venture with Mitsubishi Corporation{{cite web|url=http://www.interaksyon.com/business/74118/japans-mitsubishi-taps-ayala-land-for-ortigas-property-venture|title=Japan's Mitsubishi taps Ayala Land for Ortigas property venture|website=Interaksyon.com|access-date=June 28, 2014|archive-date=May 2, 2014|archive-url=https://web.archive.org/web/20140502134852/http://www.interaksyon.com/business/74118/japans-mitsubishi-taps-ayala-land-for-ortigas-property-venture|url-status=live}}
Roxas Land Corp. - joint venture with Bank of the Philippine Islands and Hongkong Land
Regent Wise Investments Limited
MCT Consortium Berhad (32.95% ownership, based in Malaysia)
Ortigas & Company Limited Partnership - Since November 2014, Ayala and SM Prime Holdings ended their dispute over the ownership of OCLP Holdings, the parent of Ortigas & Company. Ayala has recently sealed a deal with a group led by Ignacio Ortigas for the development of the Ortigas family's land bank area.{{cite web|url=http://www.thedailyguardian.net/index.php/iloilo-business-news/13601-ayala-land-ortigas-group-seal-p15b-deal|archive-url=https://web.archive.org/web/20120703110930/http://www.thedailyguardian.net/index.php/iloilo-business-news/13601-ayala-land-ortigas-group-seal-p15b-deal|url-status=dead|archive-date=July 3, 2012|title=Ayala Land, Ortigas group seal P15B deal|website=Thedailyguardian.net}}
Trident Infrastructure and Development Corporation (TIDC) - Formerly known as "Team Trident" and "the super consortium", is a joint-venture between Aboitiz Equity Ventures, Inc. (AEV), Ayala Land Inc. (ALI), Megaworld Corporation (MEG) and SM Prime Holdings, Inc. (SMPH). It is aimed to develop the Laguna Lakeshore Expressway and Dike Project (LLEDP).{{cite web|url=http://rp1.abs-cbnnews.com/business/02/27/15/why-ayala-aboitiz-sy-tan-formed-team-trident|title=Why Ayala, Aboitiz, Sy, Tan formed 'Team Trident'|website=Abs-cbnnews.com|url-status=dead|archive-url=https://web.archive.org/web/20150227083635/http://rp1.abs-cbnnews.com/business/02/27/15/why-ayala-aboitiz-sy-tan-formed-team-trident|archive-date=February 27, 2015}}
Ayala-GT Capital - In May 2015, through Ayala's Alveo Land and GT Capital's Federal Land, the two corporations will develop a 45-hectare property in Biñan, Laguna, aimed towards mid-range and high-end markets.{{cite web|url=http://www.abs-cbnnews.com/business/09/30/15/dpwh-mulls-bid-submission-extension-laguna-lakeshore-ppp|title=DPWH mulls bid submission extension for Laguna Lakeshore PPP|author=Cathy Yang|website=Abs-cbnnews.com|access-date=October 16, 2015|archive-date=October 3, 2015|archive-url=https://web.archive.org/web/20151003032754/http://www.abs-cbnnews.com/business/09/30/15/dpwh-mulls-bid-submission-extension-laguna-lakeshore-ppp|url-status=live}}

= Financial services =

Bank of the Philippine Islands (BPI)
Globe Fintech Innovations Inc., or Mynt (GCash)

= Telecommunications =

Globe Telecom

= Utilities =

Manila Water Company Inc. (only economic interests remain until 2029 - control handed over to Enrique K. Razon's){{cite web |last1=Piad |first1=Tyrone Jasper C. |title='End of an era': Ayala exits Manila Water |url=https://business.inquirer.net/459336/end-of-an-era-ayala-exits-manila-water |website=inquirer.net |date=May 18, 2024 |publisher=Philippine Daily Inquirer Group |access-date=4 August 2024 |ref=net.inquirer_ayalaexistmwc}}

= Power and transport =

Ayala Corporation Energy Holdings, Ltd. - is the power unit of Ayala Corporation, with investments in the development of conventional as well as solar, wind, and mini-hydro energy sources.{{cite web|url=http://www.manilatimes.net/index.php/business/top-business-news/16059-ayala-unit-seeks-regulatory-approval-for-capital-hike |title=Ayala unit seeks regulatory approval for capital hike | Top Business News |website=The Manila Times |access-date=May 10, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20120203140537/http://www.manilatimes.net/index.php/business/top-business-news/16059-ayala-unit-seeks-regulatory-approval-for-capital-hike |archive-date=February 3, 2012 }}{{Cite web |url=http://www.global-imi.com/media/IMI-Definitive-IS.pdf |title=Archived copy |access-date=May 10, 2012 |archive-url=https://web.archive.org/web/20120802090533/http://www.global-imi.com/media/IMI-Definitive-IS.pdf |archive-date=August 2, 2012 |url-status=dead }}{{cite web|url=http://business.inquirer.net/105673/ac-energy-of-ayala-group-to-invest-200m-in-2013|title=AC Energy of Ayala group to invest $200M in 2013|first=Amy R.|last=Remo|website=Inquirer.net|date=February 3, 2013|access-date=December 19, 2013|archive-date=December 14, 2013|archive-url=https://web.archive.org/web/20131214084317/http://business.inquirer.net/105673/ac-energy-of-ayala-group-to-invest-200m-in-2013|url-status=live}}{{cite web|url=http://www.abs-cbnnews.com/business/04/19/13/ayala-corp-allots-700-m-energy-projects|title=Ayala Corp. allots up to $700-M for energy projects|author=Kathleen A. Martin|website=Abs-cbnnews.com|access-date=December 19, 2013|archive-date=January 5, 2014|archive-url=https://web.archive.org/web/20140105012024/http://www.abs-cbnnews.com/business/04/19/13/ayala-corp-allots-700-m-energy-projects|url-status=live}}{{cite web|url=http://manilastandardtoday.com/business/114130/ayala-to-build-405-mw-plant.html|title=Ayala to build 405-MW plant|website=Manilastandardtoday.com|access-date=October 21, 2016|archive-date=October 21, 2016|archive-url=https://web.archive.org/web/20161021195427/http://manilastandardtoday.com/business/114130/ayala-to-build-405-mw-plant.html|url-status=live}}
AC Infrastructure Holdings Corp. - pursues toll road, rail and airport projects under government's public-private partnership program.
Light Rail Manila Corporation - a consortium between the Ayala Corporation, Metro Pacific Investments Corporation, and Sumitomo Corporation for the Line 1 Common Station, Concession, and Bacoor Extension.{{cite web|url=http://business.inquirer.net/174432/govt-expected-to-award-p65-b-lrt-project-to-ayala-mpic-group-next-week|title=Gov't expected to award P65-B LRT project to Ayala-MPIC group next week|first=Miguel R.|last=Camus|website=Inquirer.net|date=July 10, 2014|access-date=July 14, 2014|archive-date=July 15, 2014|archive-url=https://web.archive.org/web/20140715005850/http://business.inquirer.net/174432/govt-expected-to-award-p65-b-lrt-project-to-ayala-mpic-group-next-week|url-status=live}}
AF Payments, Inc. (10%) - another consortium between the Ayala Corporation and Metro Pacific Investments Corporation regarding the unified Automated Fare Collection System (Beep card) for Line 1-3, and eventually also for the PNR and other public transport.{{cite web|url=http://www.philstar.com/headlines/2014/04/01/1307460/govt-mpic-ayala-sign-deal-mrt-lrt-single-ticket-system|title=Gov't, MPIC-Ayala sign deal for MRT-LRT single ticket system|first=Lawrence|last=Agcaoili|website=Philstar.com|access-date=July 14, 2014|archive-date=July 15, 2014|archive-url=https://web.archive.org/web/20140715004515/http://www.philstar.com/headlines/2014/04/01/1307460/govt-mpic-ayala-sign-deal-mrt-lrt-single-ticket-system|url-status=live}}
North Avenue Grand Central station - the Unified Grand Central Station, is an interchange station currently in development by its stakeholders Metro Pacific Corporation, SMC-MRT7 of San Miguel Corporation, SM Prime Holdings, and Ayala Corporation.
Entrego (60%) - courier and express parcel management that serve Zalora Philippines.{{Cite web|url=https://www.portcalls.com/ayala-corp-enters-logistics-business-with-entrego/|title=Ayala Corp enters logistics business with Entrego|date=October 25, 2018|access-date=April 26, 2019|archive-date=September 29, 2019|archive-url=https://web.archive.org/web/20190929173253/https://www.portcalls.com/ayala-corp-enters-logistics-business-with-entrego/|url-status=live}}

= Manufacturing and automotive =

AC Industrial Technology Holding, Inc. (AC Industrials){{cite web|url=http://www.gmanetwork.com/news/story/238195/economy/ayala-corp-posts-p7-3b-net-in-first-9-mos-up-7|title=Ayala Corp. posts P7.3B net in first 9 mos., up 7%|website=Gmanetwork.com|date=November 11, 2011|access-date=May 11, 2012|archive-date=April 23, 2024|archive-url=https://web.archive.org/web/20240423071220/https://www.gmanetwork.com/news/money/content/238195/ayala-corp-posts-p7-3b-net-in-first-9-mos-up-7/story/|url-status=live}}{{cite book

| last = OECD

| first = Organisation for Economic Co-operation and Development

| author-link = Organisation for Economic Co-operation and Development

| title = Corporate Governance In Asia: A Comparative Perspective

| publisher = OECD Publishing

| series = OECD Proceedings Series

| year = 2001

| isbn = 9789264183285 }}

Integrated Micro-Electronics, Inc. (IMI){{cite web|url=http://www.global-imi.com/about-imi/imi|title=Integrated Micro-Electronics, Inc. (IMI) - IMI|website=Global-imi.com|access-date=October 20, 2014|archive-url=https://web.archive.org/web/20141026090623/http://www.global-imi.com/about-imi/imi|archive-date=October 26, 2014|url-status=dead}}{{cite web|url=http://www.philstar.com/business/2014/10/20/1382077/ayala-led-imi-aims-billion-dollar-revenues|title=Ayala-led IMI aims for billion dollar revenues|first=Richmond S.|last=Mercurio|website=Philstar.com|access-date=October 20, 2014|archive-date=October 21, 2014|archive-url=https://web.archive.org/web/20141021085929/http://www.philstar.com/business/2014/10/20/1382077/ayala-led-imi-aims-billion-dollar-revenues|url-status=live}}
Honda Cars Makati, Inc.{{Cite web |url=http://www.hondamakati.com.ph/ |title=Honda Cars Makati Inc. - |access-date=July 9, 2016 |archive-url=https://web.archive.org/web/20160722001554/http://www.hondamakati.com.ph/ |archive-date=July 22, 2016 |url-status=dead }}{{cite web|url=http://www.hondaphil.com/ver2/ourcompany.php |title=Our Company :: Honda Cars Philippines, Inc |access-date=June 8, 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110830161030/http://www.hondaphil.com/ver2/ourcompany.php |archive-date=August 30, 2011 }}{{cite web|url=http://www.pinoyprofile.com/jaime-zobel-de-ayala/ |title=Jaime Zobel de Ayala | Pinoy Profile |access-date=May 11, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20120204091820/http://www.pinoyprofile.com/jaime-zobel-de-ayala/ |archive-date=February 4, 2012 }} and Honda Cars Cebu, Inc.{{cite web|url=http://hondacebu.com.ph/|title=Honda Cars Cebu Inc.|website=Hondacebu.com.ph|access-date=July 18, 2018|archive-date=July 18, 2018|archive-url=https://web.archive.org/web/20180718100415/http://hondacebu.com.ph/|url-status=live}} - Established in October 1990, Ayala Automotive Holdings began with a 12.9% stake in the P1.1B investment for the local operations and production plant of Honda Cars Philippines.
Isuzu Automotive Dealership, Inc.{{cite web|url=http://www.isuzuphil.com/corporate-information/the-story-of-isuzu-philippines/ |title=Our Story of Isuzu Philippines – Isuzu Philippines |access-date=June 8, 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110514203852/http://www.isuzuphil.com/corporate-information/the-story-of-isuzu-philippines/ |archive-date=May 14, 2011 }}{{cite web|url=http://ai.myvirtualpaper.com/doc/ayala/ayala-corp-2009-annual-report/2010063001/7.html|title=Library unavailable - 0007|website=Myvirtualpaper.com|access-date=May 11, 2012|archive-url=https://web.archive.org/web/20160818122345/http://ai.myvirtualpaper.com/doc/ayala/ayala-corp-2009-annual-report/2010063001/7.html|archive-date=August 18, 2016|url-status=dead}}{{cite web|url=http://www.philippine-builder.com/featured/company/178-ayala-corporation-pseac.html|title=Ayala Corporation (PSE:AC)|work=The Philippine Builder|archive-url=https://web.archive.org/web/20130615150926/http://www.philippine-builder.com/featured/company/178-ayala-corporation-pseac.html|archive-date=June 15, 2013|url-status=dead}}
Isuzu Philippines Corporation (IPC) (owns 15%)
Volkswagen Philippines {{cite web|url=http://www.abs-cbnnews.com/business/09/29/13/ayala-group-brings-back-vw-beetle-2014|title=Ayala group brings back VW; Beetle in 2014|author=Liza Reyes|website=Abs-cbnnews.com|access-date=February 2, 2014|archive-date=October 3, 2013|archive-url=https://web.archive.org/web/20131003021548/http://www.abs-cbnnews.com/business/09/29/13/ayala-group-brings-back-vw-beetle-2014|url-status=live}}
Maxus Philippines, Inc {{Cite web|url=https://www.philstar.com/business/2019/06/07/1924187/chinas-maxus-enters-philippines-auto-market|title=China's Maxus enters Philippines auto market|website=philstar.com|access-date=June 7, 2019|archive-date=June 7, 2019|archive-url=https://web.archive.org/web/20190607090336/https://www.philstar.com/business/2019/06/07/1924187/chinas-maxus-enters-philippines-auto-market|url-status=live}}
Kia Philippines, Inc {{cite web | url=https://www.philstar.com/business/motoring/2019/01/02/1881635/ayala-conglomerate-takes-over-kia-ph | title=Ayala conglomerate takes over Kia in PH | website=The Philippine STAR | access-date=September 9, 2023 | archive-date=October 19, 2023 | archive-url=https://web.archive.org/web/20231019121330/https://www.philstar.com/business/motoring/2019/01/02/1881635/ayala-conglomerate-takes-over-kia-ph | url-status=live }}
BYD Auto Philippines {{cite web | url=https://asia.nikkei.com/Business/Automobiles/China-s-BYD-strikes-deal-with-Ayala-to-sell-EVs-in-Philippines | title=China's BYD strikes deal with Ayala to sell EVs in Philippines | access-date=September 9, 2023 | archive-date=September 9, 2023 | archive-url=https://web.archive.org/web/20230909132905/https://asia.nikkei.com/Business/Automobiles/China-s-BYD-strikes-deal-with-Ayala-to-sell-EVs-in-Philippines | url-status=live }}
Adventure Cycle Philippines, Inc. (KTM Philippines)
ACI Solar Holdings North America
Merlin Solar Technologies Inc.{{cite web|url=https://business.inquirer.net/246577/ayala-buys-us-solar-energy-solutions-firm|title=Ayala buys Silicon Valley-based solar tech firm|first=Doris|last=Dumlao-Abadilla|website=Business.inquirer.net|date=February 26, 2018|access-date=July 18, 2018|archive-date=August 1, 2018|archive-url=https://web.archive.org/web/20180801212919/https://business.inquirer.net/246577/ayala-buys-us-solar-energy-solutions-firm|url-status=live}}
AC Industrials Singapore
Misslbeck Technologies GmbH {{cite web|url=http://asia.nikkei.com/Business/AC/Ayala-buys-German-auto-parts-maker-MT-Misslbeck-Technologies|title=Ayala buys German auto parts maker MT Misslbeck Technologies|website=Nikkei Asian Review|access-date=July 18, 2018|archive-date=July 18, 2018|archive-url=https://web.archive.org/web/20180718234549/https://asia.nikkei.com/Business/AC/Ayala-buys-German-auto-parts-maker-MT-Misslbeck-Technologies|url-status=live}}

= Social infrastructure =

Ayala Healthcare Holdings, Inc. (AC Health) {{cite web|url=https://www.achealth.com.ph/|title=AC Health|website=achealth.com.ph|access-date=March 12, 2024|archive-date=March 12, 2024|archive-url=https://web.archive.org/web/20240312031826/https://www.achealth.com.ph/|url-status=live}}
Healthway Medical Network - Hospitals and clinics network that includes the Healthway Multi-Specialty Clinics, QualiMed Group of Hospitals, FEU Nicanor Reyes Medical Foundation, and the Healthway Cancer Care Hospital {{cite web|url=https://healthwaymedicalnetwork.com.ph/|title=Healthway Medical Network|website=healthwaymedicalnetwork.com.ph|access-date=July 9, 2023|archive-date=August 29, 2023|archive-url=https://web.archive.org/web/20230829094556/https://healthwaymedicalnetwork.com.ph/|url-status=live}}
Generika Drugstore {{cite web|url=https://www.generika.com.ph/|title=Generika Drugstore|website=generika.com.ph|access-date=October 20, 2023|archive-date=October 17, 2023|archive-url=https://web.archive.org/web/20231017014413/http://generika.com.ph/|url-status=live}}
I.E. Medica Inc. {{cite web|url=https://www.iemedica.com.ph/|title=I.E. Medica|website=iemedica.com.ph|access-date=March 11, 2024|archive-date=March 12, 2024|archive-url=https://web.archive.org/web/20240312031826/https://www.iemedica.com.ph/|url-status=live}}
MedEthix Inc. {{cite web|url=https://www.medethix.com.ph/|title=MedEthix|website=medethix.com.ph|access-date=March 11, 2024|archive-date=March 12, 2024|archive-url=https://web.archive.org/web/20240312031825/https://www.medethix.com.ph/|url-status=live}}
Ayala Education, Inc. (AEI)
University of Nueva Caceres - Ayala Education's flagship University {{Cite web|url=http://ayalanews.com/ayala-corporation/news/2015/07/ayala-education-inc-invests-university-nueva-caceres|archive-url=https://web.archive.org/web/20150731001935/http://ayalanews.com/ayala-corporation/news/2015/07/ayala-education-inc-invests-university-nueva-caceres|url-status=dead|archive-date=July 31, 2015|title=Ayala Education, Inc. Invests in University of Nueva Caceres | Ayala Group News Center|date=July 31, 2015}}
Affordable Private Education Center, Inc. (APEC Schools) - a joint venture between the Ayala Corporation and Pearson PLC's Affordable Learning Fund (Pearson ALF). It promotes affordable but high-quality education.{{cite web|url=http://www.affordable-learning.com/the-fund/investments/apec.html|title=APEC|publisher=Pearson PLC|access-date=August 4, 2014|archive-date=August 8, 2014|archive-url=https://web.archive.org/web/20140808045504/http://www.affordable-learning.com/the-fund/investments/apec.html|url-status=live}}{{cite news|url=http://www.rappler.com/nation/58195-ayala-affordable-private-education-center|title=Tuition in new private schools: 'P65 a day'|date=May 16, 2014|website=Rappler.com|access-date=August 4, 2014|archive-date=May 20, 2014|archive-url=https://web.archive.org/web/20140520104417/http://www.rappler.com/nation/58195-ayala-affordable-private-education-center|url-status=live}}
Professional Employment Program (PEP) {{cite web|url=http://ayalaeducation.com/pep/|title=PEP - Professional Employment Program|website=Ayalaeducation.com|access-date=July 18, 2018|archive-date=July 18, 2018|archive-url=https://web.archive.org/web/20180718205505/http://ayalaeducation.com/pep/|url-status=live}}
National Teacher's College (33%)

= Nonprofit organizations =

Ayala Foundation{{Cite web|url=http://www.mb.com.ph/articles/359007/in-honor-iconoclast|archive-url=https://archive.today/20120904055942/http://www.mb.com.ph/articles/359007/in-honor-iconoclast|url-status=dead|title=In Honor of the Iconoclast | The Manila Bulletin Newspaper Online|website=Manila Bulletin |access-date=May 10, 2012|archive-date=September 4, 2012}}
CENTEX{{Cite web |url=http://www.inmetromanila.com.ph/company/ayala-foundation-centex-manila.html |title=Archived copy |access-date=May 10, 2012 |archive-url=https://archive.today/20120908041635/http://www.inmetromanila.com.ph/company/ayala-foundation-centex-manila.html |archive-date=September 8, 2012 |url-status=dead }}
Ayala Museum{{Cite web|url=http://www.makaticity.com/museums/ayala-museum.php|archive-url=https://archive.today/20130128131610/http://www.makaticity.com/museums/ayala-museum.php|url-status=dead|title=The Ayala Museum Makati City|access-date=May 10, 2012|archive-date=January 28, 2013}}
Philippine Development Foundation{{cite web|url=http://www.phildev.org/site/News2?page%3DNewsArticle%26id%3D5556 |title=PhilDev USA: AF-USA Renamed Philippine Development Foundation |access-date=May 10, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20101123173654/http://www.phildev.org/site/News2?page=NewsArticle&id=5556 |archive-date=November 23, 2010 }}
Ayala Technology Business Incubator{{cite web|url=http://www.bgn.org/institutions/page/10 |title=Brain Gain Network - Institutions - Ayala Foundation TBI (Technology Business Incubator) |access-date=May 10, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20120526032959/http://www.bgn.org/institutions/page/10 |archive-date=May 26, 2012 }}
Filipinas Heritage Library{{cite web|url=http://lifestyle.inquirer.net/36333/cultural-advocate-to-speak-at-filipinas-heritage-librarys-workshop|title=Cultural advocate to speak at Filipinas Heritage Library's workshop|last=INQUIRER.net|website=Inquirer.net|date=February 25, 2012|access-date=May 10, 2012|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304023956/http://lifestyle.inquirer.net/36333/cultural-advocate-to-speak-at-filipinas-heritage-librarys-workshop|url-status=live}}
Ayala Social Initiatives{{cite web|url=http://opinion.inquirer.net/inquireropinion/columns/view/20090117-183867/Can-business-do-good-in-bad-times |title=Can business 'do good' in bad times? - INQUIRER.net, Philippine News for Filipinos |access-date=May 10, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20090303180207/http://opinion.inquirer.net/inquireropinion/columns/view/20090117-183867/Can-business-do-good-in-bad-times |archive-date=March 3, 2009 }}

= Business process outsourcing, Logistics and Digital businesses =

LiveIt Investments, Ltd.{{cite web|url=http://www.bworldonline.com/content.php?section=Corporate&title=ayala-subsidiary-exits-bpo-company&id=132889|title=BusinessWorld - Ayala subsidiary exits BPO company|website=Bworldonline.com|access-date=July 18, 2018|archive-date=July 18, 2018|archive-url=https://web.archive.org/web/20180718205019/http://www.bworldonline.com/content.php?section=Corporate&title=ayala-subsidiary-exits-bpo-company&id=132889|url-status=live}}
Affinity Express{{cite web|url=http://www.philstar.com/opinion/379522/strength-unity|title=Strength in unity|first=SKETCHES By Ana Marie|last=Pamintuan|website=Philstar.com|access-date=October 21, 2016|archive-date=October 11, 2016|archive-url=https://web.archive.org/web/20161011212237/http://www.philstar.com/opinion/379522/strength-unity|url-status=live}}{{cite web|url=http://www.abs-cbnnews.com/business/04/17/12/ayalas-bpo-unit-expects-post-profit-it-expands|title=Ayala's BPO unit expects to post profit as it expands|author=Miguel R. Camus|website=Abs-cbnnews.com|access-date=May 10, 2012|archive-date=May 12, 2012|archive-url=https://web.archive.org/web/20120512081909/http://www.abs-cbnnews.com/business/04/17/12/ayalas-bpo-unit-expects-post-profit-it-expands|url-status=live}}
HRMall{{cite web|url=https://www.reuters.com/finance/stocks/AC.PS/key-developments|title=${Instrument_CompanyName} ${Instrument_Ric} Key Developments |website=Reuters.com|access-date=July 18, 2018}}{{cite web|url=http://ph.news.yahoo.com/ayala-bpo-unit-buys-la-outsourcing-firm-20110418-094743-054.html|archive-url=https://archive.today/20120719160903/http://ph.news.yahoo.com/ayala-bpo-unit-buys-la-outsourcing-firm-20110418-094743-054.html|url-status=dead|archive-date=July 19, 2012|title=Ayala BPO unit buys LA outsourcing firm|website=Yahoo.com}}
Zalora Philippines

=Divestments=

Grail Research
IQ BackOffice, Inc.
The Insular Life Assurance Co., Ltd. - Mutual company owned by policyholders since 1987.
Integreon{{cite web|url=http://www.philstar.com/opinyon/576354/editoryal-kulang-na-naman-ang-mga-classroom|title=EDITORYAL - Kulang na naman ang mga classroom?|website=Philstar.com|access-date=October 21, 2016|archive-date=October 11, 2016|archive-url=https://web.archive.org/web/20161011191444/http://www.philstar.com/opinyon/576354/editoryal-kulang-na-naman-ang-mga-classroom|url-status=live}}{{cite news|url=http://in.reuters.com/article/idINIndia-43913520091113|title=Integreon buys Grail Research; eyes more|website=Reuters.com|date=November 13, 2009|access-date=July 5, 2021|archive-date=July 19, 2018|archive-url=https://web.archive.org/web/20180719025826/https://in.reuters.com/article/idINIndia-43913520091113|url-status=dead}}
Philippine FamilyMart CVS, Inc. - Joint venture with Stores Specialists, Inc., Japan FamilyMart, and Itochu Corporation.{{Cite web |url=http://www.interaksyon.com/ayala-ssi-joint-venture-mulling-options-for-familymart-business/ |title=Ayala-SSI joint venture mulling options for FamilyMart business | InterAksyon |access-date=October 27, 2017 |archive-url=https://web.archive.org/web/20171027232514/http://www.interaksyon.com/ayala-ssi-joint-venture-mulling-options-for-familymart-business/ |archive-date=October 27, 2017 |url-status=dead }} (Acquired by Phoenix Petroleum Philippines, Inc. in 2018)
Pilipinas Makro Inc. (defunct) - initially a joint venture partnership among Ayala, SM Investments Corporation (SM Prime Holdings), and the Netherlands' SHV Holdings NV formed to own and operate Makro branches in the Philippines. Ayala divested from the company in 2004.{{cite web |title=SM, Makro sued over billboard contract |url=https://news.abs-cbn.com/business/02/01/10/sm-makro-sued-over-billboard-contract |website=ABS-CBN Corporation |date=2010-02-01 |archive-url=https://web.archive.org/web/20221128045809/https://news.abs-cbn.com/business/02/01/10/sm-makro-sued-over-billboard-contract |archive-date=2022-11-28 |url-status=live}}
Pure Foods Corporation (sold to San Miguel Corporation in 2001)
Stream Global Services (sold to Convergys in 2014 for $820 million) {{cite web|url=http://www.gmanetwork.com/news/money/companies/342777/ayala-corp-s-liveit-and-partners-sell-stake-in-stream-global-to-convergys/story/|title=Ayala Corp.'s LiveIt and partners sell stake in Stream Global to Convergys|website=Gmanetwork.com|date=January 7, 2014|access-date=July 18, 2018|archive-date=July 18, 2018|archive-url=https://web.archive.org/web/20180718205752/http://www.gmanetwork.com/news/money/companies/342777/ayala-corp-s-liveit-and-partners-sell-stake-in-stream-global-to-convergys/story/|url-status=live}}
Muntinlupa–Cavite Expressway - the {{convert|4|km|adj=on|sp=us}}, 4-lane expressway connecting Daang Hari and South Luzon Expressway in Muntinlupa. (Sold to Prime Asset Ventures Inc. of the Villar Group in August 2023) {{Cite web |last=Gonzales |first=Iris |url=https://www.philstar.com/business/2023/08/10/2287451/villar-group-completes-acquisition-mcx |title=Villar Group completes acquisition of MCX |date=August 10, 2023 |work=The Philippine Star |access-date=August 11, 2023 |language=en |archive-date=August 10, 2023 |archive-url=https://web.archive.org/web/20230810213659/https://www.philstar.com/business/2023/08/10/2287451/villar-group-completes-acquisition-mcx |url-status=live }}
AirSWIFT (sold to Cebu Pacific in October 2024)
KonsultaMD - a joint venture with Globe's 917Ventures (sold to Metro Pacific Investments Corporation in February, 2025) {{cite web|url=https://mb.com.ph/2025/2/11/metro-pacific-acquires-ayala-group-s-konsulta-md |title=Ayala sells KonsultaMD to MPIC's mWell, creating PH's largest digital health platform | website=mb.com.ph}} {{cite web|url=https://mb.com.ph/2025/2/11/metro-pacific-acquires-ayala-group-s-konsulta-md |title=Metro Pacific acquires Ayala’s telehealth platform KonsultaMD | website=www.rappler.com}}

Retirement of Jaime Zóbel de Ayala

In January 2006, the board of directors publicly announced the decision by Jaime Zóbel de Ayala to retire as chairman of the corporation by April 2006. The board also announced his appointment as chairman emeritus upon his retirement. His eldest son, Jaime Augusto Zóbel de Ayala, succeeded him as chairman and chief executive officer, while his younger son, Fernando Zóbel de Ayala, has assumed the position of president and chief operating officer. The Zóbel de Ayala family's holding company, Mermac, Inc., continues to hold the controlling stake (49%) in Ayala Corporation."Zobel retires as Ayala chairman," Manila Bulletin, January 2006 {{cite web|url=http://www.mb.com.ph/node/58957 |title=Zobel retires as Ayala chairman in April | the Manila Bulletin Newspaper Online |website=Manila Bulletin |access-date=September 16, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110511161420/http://www.mb.com.ph/node/58957 |archive-date=May 11, 2011 }}

References

External links

[https://ayala.com/ Ayala Corporation website]
[https://web.archive.org/web/20110728072021/http://www.ayala.com.ph/ayalaat175mag/ Ayala at 175 magazine]
[http://www.pse.com.ph/stockMarket/companyInfo.html?id=57&security=180&tab=0 Philippine Stock Exchange Information Page on Ayala Corporation]

Category:Conglomerate companies of the Philippines

Category:Financial services companies of the Philippines

Category:Holding companies of the Philippines

Category:Companies based in Makati

Category:Makati Central Business District

Category:Financial services companies established in 1834

Category:Philippine companies established in 1834

Category:1834 establishments in the Philippines

Category:Companies listed on the Philippine Stock Exchange

Category:Multinational companies headquartered in the Philippines

Category:Companies in the PSE Composite Index

Category:Family-owned companies of the Philippines