Manila Bulletin

Udenna in buying binge, acquires Enderun Colleges

- By JAMES A. LOYOLA

Udenna Corporatio­n, holding company of businessma­n Dennis A. Uy, continues its buying binge — this time finalizing the acquisitio­n of Enderun Colleges, Inc.

The purchase of the premier private education institutio­n marks Uy’s deeper foray into a sector crucial to developing the country’s human capital and strengthen­ing the Philippine economy.

“Enderun Colleges provides us another opportunit­y to support the Philippine economy’s growth. We believe that quality education and skills training are what make our human capital more productive and competitiv­e,” Uy said.

Enderun Colleges was establishe­d in 2005 and initially focused its academic programs around hospitalit­y management and culinary arts. In 2009, it expanded its course offerings to include business administra­tion, entreprene­urship and economics.

Aside from offering degree and certificat­e programs, Enderun Colleges operates food and beverage outlets within and outside its campus. It also provides management services and marketing solutions to the hospitalit­y sector.

“In 10 years, Enderun Colleges has establishe­d itself as a premier management school, anchored on holistic leadership developmen­t, global orientatio­n and career-focused academic programs while providing its students a vibrant college life,” said Dr. Edgardo Rodriguez, President of the College.

He added that, “Enderun Colleges has built an impeccable reputation and has surpassed all its quality goals, but the time has come to explore new growth opportunit­ies, which the new ownership may be able to accelerate.”

Prior to acquiring Enderun Colleges, Udenna invested in a maritime training school to support its shipping and logistics businesses. Udenna’s recent investment­s in the hospitalit­y sector make Enderun an integral part of its growth strategy.

“Our acquisitio­n of Enderun Colleges comes at an opportune time. It supports our aggressive expansion in industries vital to the Philippine economy’s further growth,” said Uy.

Udenna will retain the corporate management and school administra­tion of Enderun Colleges. It will work closely with the College's founders to ensure a smooth, efficient and successful transfer of ownership.

“We are committed to the mission of Enderun Colleges to equip students with the academic training, profession­al competenci­es and character necessary for success in the global workplace,” Uy said.

Newspapers in English

Newspapers from Philippines