01Head Office
Philippines
BGC, Taguig City
Home to our Regional Operating Headquarters (ROHQ), IPGG and its Solane LPG brand, and MHI Group’s aviation, catering, facilities and logistics businesses.
IPGG · MHI Group · XISCO · Global Catering
About CITADEL Pacific
A family-owned group building tomorrow across the Pacific.
Owned by the Delgado family of the Philippines, CITADEL Pacific has grown through acquisitions, organic growth, and the combination of both.
1983Our journey begins
6Jurisdictions
5Core businesses
4Global partners
Who We Are
A diversified private holding company
CITADEL Pacific Ltd. (CPL) is a diversified private holding company with operations in the Philippines, Hong Kong, Macau, the Republic of Palau, the Commonwealth of the Northern Mariana Islands, and the US Territory of Guam.
Our holdings range from controlling stakes in companies engaged in telecommunications, retail, petroleum and gas distribution, commercial, and industrial property, in-flight catering, and manpower services. Recent acquisitions entering Solar and Data Center businesses position CITADEL to future facing and fast-growing industries in renewables energy and digital infrastructure.
CPL is owned by the Delgado family of the Philippines. Through the years, our company has grown through acquisitions, organic growth, and the combination of both. Its core assets, managed by various senior executive teams with intensive industry expertise, have all exhibited strong growth in the last decade.
Industries where we operate
- Aviation-related Services
- Telecommunications
- Fuel Marketing
- Gas Distribution
- Warehouse Logistics
- Integrated Facilities Management
- Manpower Deployment
- Solar Energy
- Data Centers
Bonifacio Global City, Taguig City, Philippines
Our Mission
CITADEL exists to provide excellent service to its customers, a unique place to work for its employees, strong financial returns for its shareholders, and positive social contribution to the communities where it operates.
Our Vision
To be considered one of the premier investment management companies in the Philippines and the Pacific Islands by consistently creating value for all stakeholders and always remaining true to its purpose.
Our Group Core Values
Four values at the core of all our businesses
The CITADEL Pacific identity represents four values that are core to all of our businesses. These values form the cornerstones of a solid foundation. They are part of everything we do, and they are intrinsic to the success of our diverse group of businesses. They govern not only how we work together, but how we work with each other, our business partners, customers and the communities where we operate.
Collaboration
We must collectively work together to achieve a common purpose. We see our diversity and uniqueness, as individuals, as a competitive advantage, synergy, and strength. Collaboration allows us to harness these strengths and innovate at the speed of business. We take this approach with all our partners and customers. Collaboration allows us to work together and thrive together.
Innovation
The world and communities we live in are constantly changing. The industries and markets we operate in are dynamic, competitive, and always evolving. We too must evolve. We embrace a growth mindset and work with and through change. We know that constantly challenging ourselves to look differently at tomorrow will allow us to win today and ultimately prosper together. We look forward to the future, we welcome it.
Trust
Respect builds trust and trust is at the heart of our success. We trust each other to always support one another and expect the same in return from our associates, colleagues, and partners. Our business partners and customers trust us because we deliver on our commitments. We always act with integrity and do the right thing, whatever it takes. We strive every day to earn the trust of each other, our customer and our communities.
Achievement
At the CITADEL, we strive for and are passionate about Achievement. Working with our core values, as the foundation that we build our operations and actions upon, we deliver on our commitments – for our customers, partners, shareholders and each other. We celebrate Achievement. Achievement is the fuel that pushes us every day to continue to strive to be better than we were.
Our Strengths
How We Build Tomorrow
Highly experienced management teams
Strong relationships with financial institutions
Regulatory compliance (CFIUS, US FCC, US EPA)
Successful track record with multinational companies
Strong equity co-investors like ITOCHU, SK Telecom and DCC
Group revenue growing year on year
Our Journey
Milestones since 1983
From airport services in Manila to energy, telecommunications and data centers across the Asia-Pacific.
-
2025
IP&E GBA acquired 5 dedicated LPG retail stations from Shell Hong Kong.
-
2024
Launched CITADEL Data Centers.
-
2024
Acquired DSG Hong Kong and Macau with DCC as a minority partner.
-
2023
Completed buyout of OTPP.
-
2022
Acquired Newrest shares in SOS.
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2021
Entered into a joint venture with Turbidite to form Turbidite Guam, providing facilities for data center operations.
-
2021
Acquired ISS Philippines, an integrated facilities management services provider, now renamed as XISCO.
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2021
Acquired ExxonMobil’s Hong Kong & Macau LPG business, now renamed as IP&E GBA.
-
2018
SK Telecom invested minority stake in IT&E to grow 5G business.
-
2016
OTPP became a minority shareholder at CITADEL Pacific Ltd.
-
2013
Acquired DFS Galleria Palau.
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2012
Majority stake in SOS with partner Newrest.
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2012
Acquired the entire Liquefied Petroleum Gas (LPG) business of Pilipinas Shell Petroleum Corporation with minority partner ITOCHU.
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2010
Closed deal to purchase Shell Petroleum’s Micronesia assets. ITOCHU became minority partner.
-
2008
Acquired IT&E. First to invest in a 3G network and grabbed the no. 1 spot in mobile from NTT Docomo.
-
2007
Acquired Yellow Pages Guam.
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2006
Brought Sumitomo Corporation in as partner through sale of minority stake in MTC.
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2005
Prospector, a new subsidiary, acquired Micronesia Telecommunications Corporation (MTC) from Verizon.
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1999
Islacom was sold to Globe Telecom. MIASCOR Ground Handling sold a minority stake to Swissport.
-
1998
A joint venture with Gate Gourmet and Malaysia Airlines formed MIASCOR Catering.
-
1993
Isla Communications (ISLACOM) was founded. Pioneered the GSM cellular service in partnership with Deutsche Telekom.
-
1983
Local government mandated the merger of five small airport services providers. Manila Integrated Airport Services Corporation (MIASCOR) was formed.
Where We Operate
Our Geographic Footprint
Six jurisdictions across Southeast Asia, the Greater Bay Area and the Western Pacific.
02US Territory
Guam
Tamuning
IP&E fuels and energy, IT&E cellular and internet services including 5G and buried fiber, and CITADEL Data Centers.
IP&E · IT&E · CPL Pacific
03Commonwealth
CNMI
Saipan
IT&E mobile, data and internet services — including the launch of 5G in the CNMI — and IP&E fuels in Saipan.
IT&E · IP&E
04Republic
Republic of Palau
Koror
IP&E fuels and energy operations in Palau.
IP&E · TravelR Palau
05SAR
Hong Kong
North Point
IP&E GBA, the leading LPG distributor in Hong Kong and Macau, serving piped-in and cylinder LPG markets with Esso, Mobil and Shell brands.
IP&E GBA
06SAR
Macau
Greater Bay Area
IP&E GBA LPG supply, trading, marketing and distribution.
IP&E GBA