[Worldkings – Wowtimes - Almanac Events & Achievements 2023] Milestones during 67 years’ development of San Miguel, the largest food and beverage company in the Philippines (1956)

25-01-2024

(worldkings.org) San Miguel Food and Beverage, Inc. is a Philippine food and beverage company headquartered in Pasig, Metro Manila.

San Miguel Food and Beverage, Inc. (SMFB) is a subsidiary of San Miguel Corporation (SMC), one of the largest and oldest conglomerates in the Philippines. San Miguel Food and Beverage is primarily involved in the production and distribution of food and beverage products. The company operates in various segments, including beer, spirits, food, and packaging.

The beverage segment of San Miguel Food and Beverage is well-known for its beer products, including the iconic San Miguel Beer. The company also produces and sells a range of other alcoholic and non-alcoholic beverages. In addition to its beverage business, SMFB is involved in the food industry, producing a variety of products such as poultry, meats, dairy, and other processed food items.

(Wowtimes) San Miguel’s history and achievements

  • 1956: The company was incorporated as Pure Foods Corporation, a manufacturer of processed meats marketed under the Purefoods brand name.
  • 1972: San Miguel Corporation entered the poultry business
  • 1973: Purefoods Corporation listed in the Philippine Stock Exchange
  • 1983: Purefoods Corporation diversified into poultry operations.
  • 1990: San Miguel Corporation acquired Monterey Farms, Star, and Dari Crème brands
  • 1991: Purefoods Corporation entered the flour milling business.
  • 1999: Purefoods Corporation entered into a Joint Venture with Hormel Foods
  • 2001: San Miguel Corporation acquired Purefoods Corporation. The company was named San Miguel Pure Foods Company Inc.
  • 2003: San Miguel Corporation acquired a hog farming and feeds business in Vietnam
  • 2004: San Miguel Pure Foods relaunched Magnolia milk and ice cream after selling its ice cream and milk businesses in 1998.
  • 2005: San Miguel entered into coffee business — through a Joint Venture with Super Coffee Corporation
  • 2007: San Miguel consolidated its food subsidiaries under San Miguel Pure Foods Company Inc.
  • 2015: San Miguel bought Hormel Netherlands BV's stake in San Miguel Hormel Vietnam. The Company was later changed to San Miguel Pure Foods (VN) Co., Ltd.
  • 2018: San Miguel consolidated its food and beverage businesses. San Miguel Pure Foods Company Inc. was renamed San Miguel Food and Beverage, Inc.
  • 2023: San Miguel Food and Beverage, Inc remained its position as the largest food and beverage company in the Philippines, with nearly 3,000 employees deployed in a nationwide network of offices, farms, manufacturing, processing and distribution facilities.

 

According to Wikipedia


Brian (Collect & Edit) - WORLDKINGS (Source of photos : internet )

 

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