FPH completes acquisition of PHL unit of well being care supplier Medical Companies of America

LOPEZ-LED First Philippine Holdings Company (FPH), one of many nation’s greatest conglomerates, has accomplished its acquisition of The Medical Companies of America (Philippines) Inc. (MSA-Philippines) after officers from each firms signed the Deed of Absolute Task (DOAA) on Thursday, 25 Might 2023.  

FPH President and COO Francis Giles B. Puno (middle) and MSA-Philippines Normal Supervisor Aurora J. Dereja (second from proper) signed the DOAA pursuant to the phrases of the Share Sale and Buy Settlement each firms solid in December 2022.  The acquisition is predicted to offer FPH a platform so as to add new service choices to what MSA-Philippines provides now within the healthcare business. 

Together with Asian Eye Institute, Inc., and Pi Well being, Inc., FPH goals to create companies to enhance the ecosystem of healthcare suppliers within the nation and, in the end, the well being and wellness of the Filipino inhabitants. 

MSA-Philippines operates a enterprise supplying hospitals with medical gadget companies, together with medical personnel. Additionally in photograph are (from left) Jose Valentin A. Pantangco Jr., FPH senior vp and head, company planning; Joaquin E. Quintos IV, FPH senior vp; and Hilario V. Manongtong, MSA-Philippines chief accountant.