FOR Filipino-Chinese entrepreneurs, running the business is always a family affair.
The same is true with Ricardo Sy Po, Sr., founder of the 34-year old Century Pacific Group (CPG)—makers of Century Tuna and the country’s largest canned food manufacturer–who has bequeathed a huge responsibility of running the corporation to his son Christopher “Chris” Po.
Chris, President and CEO of CPG Holdings Inc., was the man at the helm when the Century food group teamed up with leading global tuna supplier Thai Union and local fishing giant Frabelle to build a US$20-million tuna processing plant in Papua New Guinea back in 2011.
By casting a wider net via a three-way partnership with global leaders in seafood processing and fishing, the Century Pacific Group (CPG) has built an overseas capacity especially for its private label tuna manufacturing business.
Apart from selling its own canned tuna brands like Century, 555, Blue Bay and Fresca, CPG exports to international buyers that, in turn, market canned fish under their own brands (the company also owns Blue Bay and Fresca Tuna, Birch Tree and Angel milk, Kaffe de Oro and HomePride). #OpinYon #FeatureStory
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