Alaska Milk Corporation (AMC), commonly known as Alaska (stylized in
all caps), is a Philippine dairy company headquartered in
Makati. It was founded in 1972 by Wilfred Uytengsu Sr. The company is a subsidiary of
Dutch dairy cooperative
FrieslandCampina, which acquired control (98.1%) of the company from the founding Uytengsu family in 2012.[1]
Holland Milk Products, Inc. (HOMPI) was established in 1972. It was a joint venture between General Milling Corporation (GMC) and Holland Canned Milk International B.V. (now
FrieslandCampina). HOMPI initially manufactured canned liquid milk (
evaporated milk and
condensed milk). It eventually expanded to manufacture
powdered milk and
UHT milk.
In 1994, HOMPI was spun off from GMC and incorporated as Alaska Milk Corporation (AMC) under the control of Wilfred Uytengsu Sr. Shortly after its incorporation, AMC was
listed in the
Philippine Stock Exchange (PSE) in 1995.
Wilfred Steven Uytengsu Jr., eldest son of Wilfred Sr., assumed the position of president and CEO in 2007. The elder Uytengsu died in April 2010 at the age of 82.[3]
In 2007, AMC acquired the canned milk business of
Nestlé Philippines. The acquisition included the Alpine, Liberty, and Krem Top trademarks, as well as the trademark licenses (until 2021)[4] for Nestle's
Carnation and Milkmaid brands.[5][6]
In 2012,
FrieslandCampina acquired majority control of AMC from the Uytengsu family.[7] On November 5, 2012, AMC was
delisted from the PSE after FrieslandCampina completed its tender offering for 98.1% ownership of AMC. Prior to this, FrieslandCampina held an 8.1% interest in AMC.[1][8] Wilfred Steven Uytengsu Jr. remained as president and CEO until the end of 2018.[9] Since 2019, Uytengsu serves as the Chairman of the company.
The company owned the
Philippine Basketball Association (PBA) team, the
Alaska Aces, which it established in 1986. On February 16, 2022, AMC announced that the team will leave the PBA at the end of the
2021 Governors' Cup due to a directive by its parent company,
FrieslandCampina.[10] Alaska ended their final PBA tournament with a loss to the
NLEX Road Warriors in the quarterfinals.[11] Immediately following their final game on March 19, 2022, a brief ceremony was held to mark the Alaska's departure from the PBA.[12] On March 23, 2022, the PBA announced the sale of the Aces to
Converge ICT.[13]
Other sports sponsorships
Alaska Tri-Aspire Philippines (triathlon team)
Alaska Power Camp (basketball and football development camps)
Alaska Ironkids Philippines (triathlon series)
Alaska Football Cup (football tournament)
Jr.
NBA/Jr.
WNBA Philippines[14] (presenting partner)
1 Currently manufactured by
General Mills in the U.S. and Canada. Produced by
Cereal Partners under the Nestlé brand elsewhere. 2 Brand owned by
General Mills; U.S. and Canadian production rights controlled by Nestlé under license. 3 U.S. production rights owned by
The Hershey Company. 4 U.S. rights and production owned by the
Smarties Candy Company with a different product. 5 U.S. rights and specific trade dress owned by Nestlé; rights elsewhere owned by
Associated British Foods. 6 Produced by Cereal Partners, branded as Nestlé. 7 Produced by Cereal Partners and branded as Nestlé in the U.K. and Ireland. Produced by
Post Foods elsewhere. 8 Philippine production rights owned by
Alaska Milk Corporation. 9 Singaporean, Malaysian and Thai production rights owned by
Fraser and Neave. 10 Used only in Indonesia, Thailand, and Cambodia. 11 Used only in the Philippines. 12 U.S. production rights owned by the
Ferrara Candy Company. 13NA rights and specific trade dress to all packaged coffee and other products under the Starbucks brand owned by Nestlé since 2019. 14 Brand owned by
Mars, sold by Nestlé in Canada. 15 Produced by
Froneri in the U.S. since 2020.