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Macondray & Co., Inc. (MCI) is a privately owned investment holding company established in the Philippines in 1898 and incorporated in 1960. Initially founded as the Philippine branch of an American-owned shipping company based in San Francisco, USA, MCI entered a phase of redirection in 1990 when it was acquired by the Lorenzo family. Management refocused the business toward areas where its expertise could realize high growth potentials and sustained profitability. Since then, MCI has proven its strength in successfully managing ventures in the food, consumer finance, packaging, trading, and distribution industries. Today, MCI continues to evolve, building further on the synergy within the group and innovating to respond to emerging demands.