Lucio Co Business and Family Business
Who is Lucio Co
Lucio Co is a Filipino billionaire entrepreneur and the founder and Chairman of Cosco Capital, Inc., the holding company behind one of the most powerful retail and distribution empires in the Philippines. Known for his low-profile, high-impact leadership style, Co methodically expanded his business interests from a small oil exploration firm into a multi-sector conglomerate that now dominates grocery retail, liquor distribution, banking, and commercial real estate.
Rather than public-facing celebrity leadership, Lucio Co’s success is built on operational scale, supply-chain control, and disciplined capital allocation, making Cosco Capital one of the most resilient business groups in the country.
What is Lucio Co Business
| Business Name / Role | Industry | Details |
|---|---|---|
| Puregold Price Club, Inc. | Grocery Retail | The second-largest grocery retailer in the Philippines, operating 450+ stores nationwide (Puregold Hypermarket, Supermarket, Jr., Extra). Serves mass-market and SME customers. |
| S&R Membership Shopping | Warehouse Retail | A premium, membership-based warehouse club modeled after Costco, catering to upper-middle-class consumers and business owners. |
| The Keepers Holdings, Inc. (PSE: KEEPR) | Liquor & Wine Distribution | The Philippines’ largest importer and distributor of spirits, controlling roughly 75% market share. Subsidiaries include Montosco (Alfonso Brandy), Meritus Prime, and Premier Wine & Spirits. |
| Booze Online (Integrated 2025/2026) | E-commerce / Alcohol Retail | The country’s leading importer of premium global beers (e.g., Stella Artois, Hoegaarden), fully integrated into The Keepers ecosystem. |
| Philippine Bank of Communications (PBCOM) | Banking & Finance | Majority-owned by Lucio Co. In 2026, PBCOM listed a ₱15B bond program to support expansion after securing a Universal Banking license. |
| Puregold Finance, Inc. | Financial Services | Provides lending and financial products primarily serving the Puregold supplier and merchant ecosystem. |
| Ellimac Prime Holdings | Real Estate & Property | Manages a large portfolio of commercial land assets tied to retail developments. |
| Nation Realty, Inc. | Commercial Real Estate | Operator of 999 Shopping Mall in Binondo, Manila. |
| NE Pacific Shopping Centers | Mall Operations | Owner and operator of NE Pacific Mall in Nueva Ecija. |
| Office Warehouse | Specialty Retail | One of the Philippines’ leading school and office supply retail chains. |
| Union Energy Corporation | Renewable Energy | Focuses on hydropower and solar energy projects. |
| Alcorn Petroleum & Minerals | Energy / Legacy Business | Lucio Co’s original company, which later evolved into Cosco Capital. |
What is Lucio Co Family Business
| Family Member | Role | Details |
|---|---|---|
| Lucio Co | Founder & Chairman | Visionary and principal capital allocator across Cosco Capital and private holdings. |
| Susan P. Co (Wife) | Vice-Chairman & Treasurer | Vice-Chairman of Puregold and Cosco Capital. Widely regarded as the group’s financial backbone, overseeing treasury and fiscal discipline. |
| Ferdinand Vincent P. Co (Eldest Son) | President, Puregold | Leads retail operations, digital transformation, and innovative grassroots marketing initiatives such as CinePanalo. |
| Pamela Justine P. Co (Daughter) | Director | Holds board and executive roles across retail and real estate subsidiaries. |
| Camille Clarisse Co | Executive Roles | Increasing involvement in Specialty Retail (Office Warehouse) and group-wide initiatives. |
| Kevin Andrew Co | Executive Roles | Active in Liquor Distribution (The Keepers) and private holding companies, preparing for larger leadership responsibilities. |
Beyond their core ventures, Lucio Co Business and Family Business portfolio may include smaller enterprises or investments – reflecting their extensive entrepreneurial legacy.
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