Century Pacific Food Extends Partnership with Regional Coconut Player

Aug 2020

Century Pacific Food Inc (CNPF), one of the Philippines’ leading food companies, has recently signed a long-term contract as original equipment manufacturer (OEM) for the Linaco Group, a leading regional coconut producer headquartered in Malaysia. Linaco’s high-value coconut products are available in 40 countries, located across Europe, Middle East, China, Hong Kong and Australia.

The partnership commenced in 2018, with CNPF signing on as OEM of Linaco’s leading coconut milk brands. After more than two years of working together, both companies agreed to increase volume commitments and expand the range of products that CNPF will produce to serve Linaco’s growing requirements. This multi-year contract, valued at more than USD 50 million, strengthens CNPF’s position as a leading and fast-growing player in the Philippine coconut industry.

CNPF is currently augmenting its coconut manufacturing capacity, with an additional investment of PHP 300 million (USD 6.2 million), to address the growing demand for high-value coconut products internationally. This comes at a time when product health and safety continues to be top of mind among consumers amidst the ongoing COVID-19 pandemic.

In line with its pivot towards manufacturing healthier products, CNPF entered the coconut business initially as an integrated manufacturer of high-value coconut products for OEM exports. Its entry into the category began with an ongoing long-term contract with Vita Coco, the world’s leading coconut water brand. Today, CNPF is one of the largest suppliers of Vita Coco globally.

(Source: Century Pacific Food Inc)

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