AC Industrials

AC Industrial Technology Holdings Inc. (AC Industrials) is Ayala's holding company for its investments in industrial technology. The company builds on the collective strengths of Integrated Micro-Electronics, Inc., a pioneering manufacturer in the Philippines and the sixth-ranked (based on revenues) automotive EMS provider worldwide, and AC Automotive, the country's largest multi-brand dealership group and a leading Philippine vehicle distributor carrying Honda, Isuzu, Volkswagen and KTM.

AC Industrials was formed primarily to take advantage of the ongoing disruption in the manufacturing space, particularly in the automotive sector. As new technologies continue to change the way vehicles are built and used, we see opportunities for us to selectively participate in a deeper way across the industry’s value chain. When coupled with Ayala’s longtime strength in automotive distribution – which, in itself, is also ripe for change – we believe we can form a competitive proposition for partnering and succeeding in this sector. In addition, the ongoing “manufacturing renaissance” in the Philippines has increased the potential for us to bring some of this business home, made all the more notable by the global, competitive nature of the sector.

While our core will be built on automotive, we believe our business model – finding disruptive technologies, and nurturing these into businesses that span multiple areas of a sector’s value chain – can be applied equally effectively to other industries. We continue to search for such key pieces that can add value not just within AC Industrials but also to other companies across the Ayala group.

AC Industrials aims to become a consistent, forceful catalyst for economic growth and employment generation. As an institution that hires and operates in several areas across the world, we commit to an approach that considers all of our stakeholders – employees, suppliers, customers, partners, investors, and the broader community – and sustainably creates value throughout the economic cycle.

We see potential

We believe there are many opportunities across the industrial technology spectrum that will enable disruption and transformation across their respective sectors. Because of this, we constantly monitor new market and technological trends so that we can identify and quickly take advantage of these.

We make businesses better

Our company aims to fully deploy its array of resources and technology to provide innovative solutions to the companies and industries we work with. Whether key pieces of infrastructure that could benefit our real estate group, or the application of precise manufacturing technologies to create a factory workflow from the ground up, we at AC Industrials commit to building and improving on the businesses that we work with every day.

We improve lives

Through the employment we provide to thousands across the globe, we enable better lives and greater fulfillment for our executives, managers, and staff. Through the products and services we create, we deliver customer satisfaction, shareholder value, and a positive impact on the broader society

We see potential

We believe there are many opportunities across the industrial technology spectrum that will enable disruption and transformation across their respective sectors. Because of this, we constantly monitor new market and technological trends so that we can identify and quickly take advantage of these.

We make businesses better

Our company aims to fully deploy its array of resources and technology to provide innovative solutions to the companies and industries we work with. Whether key pieces of infrastructure that could benefit our real estate group, or the application of precise manufacturing technologies to create a factory workflow from the ground up, we at AC Industrials commit to building and improving on the businesses that we work with every day.

We improve lives

Through the employment we provide to thousands across the globe, we enable better lives and greater fulfillment for our executives, managers, and staff. Through the products and services we create, we deliver customer satisfaction, shareholder value, and a positive impact on the broader society

Our Businesses

IMI Logo
Integrated Micro- Electronics, Inc. (IMI) 

AC Industrials owns a 51% stake in IMI, one of the leading global providers of electronics manufacturing services (EMS), power semiconductor assembly and test services. It is publicly-listed in the Philippines with a global manufacturing footprint covering Asia, North America and Europe. IMI currently ranks as the 20th largest EMS provider in the world by revenues, and is the 6th in the world by the same measure in terms of automotive.  

MT Technologies 

MT Technologies traces its roots to over 147 years ago as a family-owned firm in Ingolstadt, Germany. Today, it is a key supplier of models, tools and plastic parts to automotive OEMs and Tier-1 suppliers. The firm has three production facilities in Bavaria, Germany, close to the head offices of well-known OEMs. 

Honda Cars Makati, Inc. (HCMI) 

HCMI was established in 1990 as part of Ayala’s introduction of the Honda automotive brand in the Philippines. Beginning operations in 1991, it continues to serve as Ayala’s holding company for its Honda dealerships, and remains the largest Honda dealership group in the country. Since then, it has grown its network to over eleven dealerships. These dealerships are located in Pasig, Alabang, Bonifacio Global City, Makati, Manila Bay, Cebu, Iloilo, Mandaue, Bacolod, Negros Occidental, and Cagayan de Oro.

Isuzu Automotive Dealership, Inc. (IADI)  

IADI is AC Industrials’ holding company for retailing Isuzu vehicles. It was established in 1995 amidst Ayala’s launch of the Isuzu brand in the country, opening the country’s first Isuzu dealership. Presently, IADI has over nine dealerships located in Pasig, Alabang, Rizal, Cavite, Talisay, Cebu, Iloilo, Mandaue and Bohol.

Honda Cars Philippines, Inc. (HCPI) 

AC Industrials owns a 13% interest in Honda Cars Philippines, Inc (HCPI)

Isuzu Philippines Corporation (IPC) 

AC Industrials owns a 15% interest in Isuzu Philippines Corp. (IPC)

Volkswagen Philippines 

Through Automobile Central Enterprise, Inc. (ACEI) and Iconic Dealership, Inc. (IDI), AC Industrials is the official distributor and largest dealer of Volkswagen passenger cars in the Philippines. ACEI imports and distributes Volkswagen passenger cars and commercial vehicles throughout the Philippines. The Ayala group owns four dealerships of Volkswagen in BGC, Alabang, Quezon Avenue and Cebu. 

KTM 

The firm entered the motorcycle business in 2016 through a strategic partnership with KTM AG, Europe’s largest motorcycle brand. Adventure Cycle Philippines (ACPI) is the wholly-owned unit of AC Industrials that serves as the official distributor of KTM motorcycles in the Philippines. Through ACPI, AC Industrials owns 66% of KTM Asia Motorcycle Manufacturing (KAMMI), which manufactures KTM motorcycles in the Philippines for the domestic and export markets.

DID YOU KNOW THAT

Changing technology and the shifting industry structure open more opportunities for greater initiatives to contribute to the manufacturing sector

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