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Lopez Holdings Corporation (formerly Benpres Holdings Corporation until July 21, 2010 and also known as Lopez, Inc.) is a Filipino conglomerate founded by the brothers Eugenio Lopez, Sr. and Fernando Lopez, Sr.
Eugenio "Eñing" Hofileña López Sr. ( Tagalog: [juˈhɛnjo ˈlɔpɛs]; July 20, 1901 – July 5, 1975) was a leading business figure in the Philippines. He was the founder of López Group of Companies. He belonged to the prominent López family of Iloilo, one of the leading political families in the Philippines .
The López family of Iloílo is a wealthy and influential Filipino family of business magnates, media proprietors, politicians, and philanthropists descended from Sangley Chinese Filipino merchant Basílio López (c. 1800–c. 1875), who adopted the surname of his Spanish master, López, upon the latter's death. He married Sabina ...
In a move considered daring at the time, a group of Filipino investors, led by the entrepreneur Eugenio Lopez Sr., bought Meralco from its American owners, the first major American enterprise to be 'Filipinized.'
Driving Don Eñing in his desire to buy Meralco from its American owners, General Public Utilities, was his belief that the Filipino is as good as any American in running a company as complex and financially demanding as Meralco. He bought the utility for more than $66 million in 1961. It was “the biggest leveraged buyout of that era.”
Jul 16, 2006 · His brand of philanthropy/corporate social responsibility covered more than hospitals and scholarships, although education was–and continues to be for his descendants–a major focus.
May 15, 2024 · EL Sr. (3rd from right) hands an employee his bonus On July 20, the Lopez Group remembers Eugenio Lopez Sr. (EL Sr.) on his 114th birth anniversary. Business excellence was close to the heart of the Lopez Group founder, the value being one of the cornerstones on which he secured his companies.
