FRUITAS Holdings, Inc. has secured a credit facility from Philippine National Bank (PNB) to support planned store openings, brand expansion, and other growth initiatives in the Philippines and overseas. The food and beverage company said the facility amounts to P750 million and would be used to fund new store openings, expand existing brands, and explore opportunities outside the country. “That will support our growth in the next few years. Expansion — we have a lot of things lined up. Geographic expansion, expansion of our different businesses, including types of things that we will sell,” Fruitas Director Calvin F. Chua told reporters on the sidelines of a signing ceremony late Friday. Mr. Chua said the company would initially focus on expanding its presence across the Philippines while assessing opportunities to bring foreign brands into the country and introduce Fruitas brands overseas. “Of course, what we are focusing on is national expansion, but we have also looked at both inbound and outbound. So, potentially bringing brands into the country and also expanding our brands abroad,” he said. Fruitas is also considering new formats for some of the brands it has acquired, according to Mr. Chua. “There have been brands that we acquired. We are also looking at expanding the products that they are selling. So, we’ve had experience in that. For example, Ling Nam, we’ve expanded that from restaurants to kiosks. So, for some of our new acquisitions, including Sugarhouse, you may be able to look at new formats,” he said. Fruitas President and Chief Executive Officer Lester C. Yu said the credit facility would give the company additional financing flexibility as it expands its operations. “As we pursue the next phase of our growth journey, this credit facility provides addit
Published Oct 4, 2026 · 4:45 PMOriginal source: BusinessWorld4 reads
FRUITAS Holdings, Inc. has secured a credit facility from Philippine National Bank (PNB) to support planned store openings, brand expansion, and other growth initiatives in the Philippines and overseas. The food and beverage company said the facility amounts to P750 million and would be used to fund new store openings, expand existing brands, and explore opportunities outside the country. “That will support our growth in the next few years. Expansion — we have a lot of things lined up. Geographic expansion, expansion of our different businesses, including types of things that we will sell,” Fruitas Director Calvin F. Chua told reporters on the sidelines of a signing ceremony late Friday. Mr. Chua said the company would initially focus on expanding its presence across the Philippines while assessing opportunities to bring foreign brands into the country and introduce Fruitas brands overseas. “Of course, what we are focusing on is national expansion, but we have also looked at both inbound and outbound. So, potentially bringing brands into the country and also expanding our brands abroad,” he said. Fruitas is also considering new formats for some of the brands it has acquired, according to Mr. Chua. “There have been brands that we acquired. We are also looking at expanding the products that they are selling. So, we’ve had experience in that. For example, Ling Nam, we’ve expanded that from restaurants to kiosks. So, for some of our new acquisitions, including Sugarhouse, you may be able to look at new formats,” he said. Fruitas President and Chief Executive Officer Lester C. Yu said the credit facility would give the company additional financing flexibility as it expands its operations. “As we pursue the next phase of our growth journey, this credit facility provides additional flexibility to accelerate store expansion, strengthen our brand portfolio, and pursue new opportunities both locally and internationally,” he said. “PNB’s support will help underpin our expansion plans and will allow us to continue delivering value to all our stakeholders,” he added. PNB President and Chief Executive Officer Edwin R. Bautista said the credit facility reflected the bank’s assessment of Fruitas’ growth prospects and financial management. “This credit facility reflects our confidence in Fruitas Holdings’ long-term growth trajectory and disciplined financial management,” he said. PNB Vice-Chairman Lucio Tan III said the bank seeks to provide financing to Philippine companies looking to expand their operations. “Our role is to give companies like Fruitas the financial runway to grow, helping strong local businesses compete on a bigger stage,” he said. Fruitas started with a fruit-shake business nearly 25 years ago and has since expanded into beverages, bakeries, community stores, and casual dining. — Alexandria Grace C. Magno
ORIGINAL SOURCE
BusinessWorld
This report is indexed by BAGANBAZAR GRAPH with its original publisher named and linked for readers.
B