Universal Robina Corp. (URC) is set to undertake mergers and acquisitions and enter new markets. The current plan is to double sales by the year 2020. The company seeks to narrow the gap between domestic and international business shares to 55-45 by 2020. The current is at 65-35, as revealed by URC president Lance Y. Gokongwei.
To accelerate growth, URC will embark on mergers and acquisitions in Southeast Asia. The focus will be on companies that will provide access to premium “on-the-go” products that are convenient, indulgent, and healthy. Another goal that the company has would be to potentially enter new markets such as Laos and Cambodia.
