Is Macay Holdings boycotted? Why is Macay Holdings boycotted? Who owns Macay Holdings? You can find the detailed answers and boycott reasons below.

Macay Holdings

Boycotted Macay Holdings is being boycotted. Boycott reasons and brand information are provided below. Please do not make a decision without reading and conducting your own research.
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Category: Beverages · Owner: YAO Family

Why is Macay Holdings Boycotted?

🚨 Reasons for Boycotting Macay Holdings (RC Cola)

Macay Holdings, Inc. is a Philippines-based investment holding company trading on the Philippine Stock Exchange (PSE: MACAY). Its ultimate owner is Alfredo Yao and his family; the largest shareholder is Zesto Corporation with 84.79%. Macay Holdings holds the global licensing rights to RC Cola and associated brands through RC Global Beverages, Inc. (RCGBI) (excluding the US, Mexico, and Canada, covering over 100 countries). The official manufacturer and distributor of RC Cola in israel is Jafora-Tabori Ltd. Jafora-Tabori is an israel-based beverage company that has produced and distributed RC Cola in the israeli market since 1995. Macay Holdings, as the global licensor, earns revenue from this commercial relationship, indirectly contributing to the israeli economy.

  1. RC Cola's israeli Distributor: Jafora-Tabori Ltd.: RC Cola has been produced and distributed in israel by Jafora-Tabori Ltd. since 1995. Jafora-Tabori is one of israel's leading beverage companies, headquartered in Rehovot, israel. Its product portfolio includes brands such as RC Cola, Schweppes, Tapuzina, and Spring. Macay Holdings, as the global licensor of RC Cola, earns revenue from this commercial relationship.Wikipedia: Jafora-Tabori — RC Cola israel distributor (2023)Calcalist: Jafora-Tabori — RC Cola price increase (2023)Algomhor: RC Cola — produced by Jafora Tavori in israel (1995)
  2. Company Profile and Ownership Structure: Macay Holdings is a Philippines-based investment holding company. Its ultimate owner is Alfredo Yao and his family; the largest shareholder is Zesto Corporation with 84.79%. Macay Holdings operates its beverage business through ARC Refreshments Corporation (ARC) and holds the global licensing rights to RC Cola through RC Global Beverages, Inc. (RCGBI).Macay Holdings: Corporate Information (2026)Investing.com: Macay Holdings — Zesto Corporation 84.79% (2026)Reuters: Macay Holdings — RC Cola global rights (2026)
  3. Indirect israel Connection and Economic Cycle: Macay Holdings is not directly israeli-owned. However, an indirect connection exists through Jafora-Tabori, the israeli distributor of RC Cola. Jafora-Tabori is an israel-based company that produces and distributes RC Cola in the israeli market. Macay Holdings, as the global licensor, earns revenue from this commercial relationship, indirectly contributing to the israeli economy.Diplomat Group: israel-based distribution company (2025)Wikipedia: Jafora-Tabori — israel-based beverage company (2023)
  4. Boycott Status: No evidence was found that Macay Holdings or RC Cola is on the BDS movement's official boycott list. However, RC Cola's commercial presence in israel and its distributor relationship with Jafora-Tabori demonstrate that the company indirectly contributes to the israeli economy.BDS Movement: Official boycott list (2025)Boykot.co: RC Cola — boycott status (2025)

🌐 Sources

Boykot Market has listed the brand information and source links above based on verifiable official sources. Please conduct your own research to be certain.

Last Updated: 24.09.2026
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