Lopez Inc. president Federico “Piki” R. Lopez confirmed reports that Ramon S. Ang has purchased the stake previously held by Crème Investment Corporation, the investment arm led by Eugenio “Gabby” Lopez III.
“We welcome Mr. Ramon Ang to Lopez Inc. with deep appreciation. We have been friends for a long time and so I do look forward to working together with him,” Lopez said.
He also noted that Ang brings valuable expertise and broad experience to the company. “The Lopez family’s entry into this partnership with him is truly a welcome development and in line with our history of partnering with recognized individuals and institutions to promote the growth of our businesses,” he added.
Lopez further described the move as a positive step forward. “It’s a great step toward resolving issues that have affected our family as well as our businesses and can only be good for everyone.”
