en.Wedoany.com Reported - A.P. Møller Capital, a subsidiary of Danish transport and logistics company A.P. Møller, has completed its investment to acquire a 40% stake in AC Logistics Holdings Corp. (AC Logistics), the logistics arm of Philippine Ayala Corp.

Ayala and A.P. Møller Capital stated in a joint announcement that the conditions for closing the transaction, including merger control approvals, have been satisfied, and the deal has been completed accordingly.

The two companies reached a binding agreement in March 2025 for A.P. Møller Capital to acquire a 40% stake in AC Logistics through its Emerging Markets Infrastructure Fund II. The Philippine Competition Commission approved the acquisition in November 2025.

According to the joint statement, this partnership combines A.P. Møller Capital's global transport and logistics expertise and operational capabilities with the Ayala Group's deep local market knowledge, networks, and track record of success in the Philippines.

A.P. Møller Capital's investment and strategic collaboration with AC Logistics will also support the company's next phase of growth by expanding nationwide network coverage and capacity, enhancing service scope in key logistics segments, strengthening operational capabilities and service quality, and adopting global best practices and connectivity.

Beyond capital, A.P. Møller Capital brings deep professional expertise in global transport and logistics, which will enable AC Logistics to achieve robust growth across its four strategic pillars—cold chain, air freight logistics, contract logistics and nationwide distribution, and project cargo—while enhancing its service capabilities in key sectors such as food, agriculture, healthcare, pharmaceuticals, consumer goods, and retail.

As a complementary development, AC Logistics recently completed the acquisition of an 84% stake in Glacier Megafridge, Inc. (GMI), thereby strengthening its cold chain platform. The addition of GMI enhances AC Logistics' ability to meet temperature-controlled logistics demands in sectors such as food, agriculture, healthcare, and other areas requiring high reliability and temperature integrity.

Erry Hardianto, President and CEO of AC Logistics, stated that the completion of these transactions marks a transformative step in building a leading integrated logistics platform in the Philippines. Together with A.P. Møller Capital and GMI, AC Logistics is working to expand its scale, enhance capabilities, and extend nationwide coverage, thereby providing customers with seamless access to a more comprehensive and interconnected network of logistics nodes in the Philippines.

He noted that AC Logistics' immediate priority is to integrate GMI into its network and align operations and teams while maintaining its strengths. The company's focus is on leveraging expanded scale to unlock commercial synergies, while adopting a deliberate, phased approach to broader integration.

Lars Reno Jakobsen, Senior Partner at A.P. Møller Capital, said that AC Logistics has established a strong position in the Philippine logistics market in a relatively short period. He added that the country's geography and growth prospects underscore a clear need for more efficient, resilient, and integrated supply chains. A.P. Møller Capital sees an opportunity to support AC Logistics and Ayala Corporation in scaling up a platform that can deliver attractive, sustainable long-term growth across key logistics segments for customers, while contributing to the broader development of the industry in the Philippines. This partnership reflects Ayala's long-standing strategy of collaborating with world-class companies to scale operations, strengthen execution, and better serve customers.

Founded in 2021, AC Logistics provides customers with integrated solutions centered on cold chain, contract logistics, cross-border logistics, and project logistics. A.P. Møller Capital, established in 2017, is a value-added infrastructure fund manager under the A.P. Møller Group, whose operations span multiple sectors, including shipping giant Maersk.