San Miguel Food and Beverage#Subsidiaries

{{Infobox company

| name = San Miguel Food and Beverage, Inc.

| logo = San Miguel Food and Beverage logo.png

| logo_size = 150px

| logo_alt =

| logo_caption = Logo used since 2018

| image =

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| trade_name = San Miguel Food and Beverage

| native_name =

| native_name_lang =

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| former_name = {{Plainlist|

Pure Foods Corporation (1956–2001)
San Miguel Pure Foods Company, Inc. (2001–2018)

}}

| type = {{Plainlist|

Private (1956–1971)
Public (since 1971)
Subsidiary (since 1981)

}}

| traded_as = {{pse|FB}}

| ISIN =

| industry = {{Plainlist|

}}

| genre =

| predecessor = San Miguel CampoCarne Corporation (1991–2001){{efn|San Miguel CampoCarne Corporation was a joint venture between San Miguel Corporation and Conservera Campofrío S.A. The company was formed as San Miguel Campofrío Corporation in 1991 and was renamed as San Miguel CampoCarne Corporation in 1992. After the acquisition of Pure Foods Corporation by SMC, the joint venture was absorbed into San Miguel Pure Foods Company, Inc. (now San Miguel Food and Beverage, Inc.) in 2001.}}

| successor =

| founded = {{Start date and age|1956|10|31}}

| founders = {{Plainlist|

Joseph Henry Ng
Manuel Fong
Ismael Mathay Jr.
Lee Ngan
Pablo Cutaoco
Gregorio Tung
Miguel Ortigas

}}

| defunct =

| fate =

| hq_location = 100 E. Rodriguez Jr. Avenue, Barangay Ugong

| hq_location_city = Pasig, Metro Manila

| hq_location_country = Philippines

| num_locations =

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| area_served = Worldwide

| key_people = {{plainlist|

Ramon S. Ang (Chairman)
John Paul L. Ang (President and CEO)
Emmanuel B. Macalalag (COO for Food)
Carlos Antonio M. Berba (COO for Beer)
Cynthia M. Baroy (COO for Spirits)

}}

| products = Processed meat, processed fish, canned meat, canned fish, coffee, dairy products, flours, baking mixes, beverages and agricultural-based products

| production =

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| num_employees = 10,460

| num_employees_year = 2022

| parent = {{Plainlist|

Ayala Corporation (1981–2001)
San Miguel Corporation (2001–present)

}}

| divisions =

| subsid = {{Plainlist|

The Purefoods-Hormel Company, Inc.{{efn|Joint venture with Hormel Foods Corporation.}}
Magnolia, Inc.
San Miguel Foods, Inc.
San Miguel Super Coffeemix Company, Inc.
San Miguel Mills, Inc.
San Miguel Foods International Ltd.
PT San Miguel Foods Indonesia Tbk.
San Miguel Brewery, Inc.{{efn|Joint venture with Kirin Holdings Co., Ltd.}}
Ginebra San Miguel, Inc.

}}

| module =

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| website = {{URL|https://www.smfb.com.ph}}
{{URL|https://www.sanmiguelfoods.com}}

| footnotes =

}}

San Miguel Food and Beverage, Inc., (formerly known as San Miguel Pure Foods Company, Inc.), is a Philippine food and beverage company headquartered in Pasig, Metro Manila. It is 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. The company evolved from Pure Foods Corporation and is a subsidiary of San Miguel Corporation (SMC).

History

The company was incorporated on October 31, 1956 as Pure Foods Corporation, a manufacturer of processed meats marketed under the Purefoods brand name. Its incorporators were Joseph Henry Ng, Manuel Fong, Ismael Mathay Jr., Lee Ngan, Pablo Cutaoco, Gregorio Tung and Miguel Ortigas.{{cite book|url=https://books.google.com/books?id=oAntAAAAMAAJ|title=Management Guide: Business Lessons from Philippine Companies|date=1987|publisher=Mahal Kong Pilipinas, Inc.|page=105|access-date=April 23, 2023|chapter=A Commitment to Product Excellence}} Ayala Corporation acquired substantial shares in the company in 1965 and majority control in 1981.{{cite journal|last=Batalla|first=Eric Vincent|date=June 1, 1999|title=Zaibatsu Development in the Philippines: The Ayala Model|url=https://repository.kulib.kyoto-u.ac.jp/dspace/bitstream/2433/56704/1/KJ00000132108.pdf|journal=Southeast Asian Studies|volume=37|issue=1|pages=32|access-date=February 26, 2019}}

In 2001, San Miguel Corporation (SMC) acquired Pure Foods Corporation from Ayala Corporation.{{cite web|url=http://edition.cnn.com/2001/BUSINESS/asia/05/08/smc.ayalagroup/|title=San Miguel to acquire Ayala food unit|first=Amabelle|last=Layug|work=CNN.com|date=May 8, 2001|access-date=December 6, 2017|archive-date=August 30, 2023|archive-url=https://web.archive.org/web/20230830105432/http://edition.cnn.com/2001/BUSINESS/asia/05/08/smc.ayalagroup/|url-status=dead}} Following the acquisition, the entire food division of SMC was consolidated under Pure Foods Corporation and the company was renamed San Miguel Pure Foods Company, Inc. Its integrated operations range from breeding, contract growing, processing, and marketing of chicken, pork and beef to the manufacture of refrigerated, canned and ready-to-cook meat products, ice cream, butter, cheese, margarine, oils and fats, as well as animal and aquatic feeds. It holds in its portfolio some of the most formidable brands in the Philippine food industry. Sixty per cent of its sales comes from poultry, feeds and meats; branded businesses, processed meats, coffee and dairy; and flour. As at July 16, 2013, San Miguel Pure Foods had a market share of over 40%, and is the Philippines' leading poultry producer.{{cite web|url=http://investvine.com/philippines-poultry-with-prospects/|title=Philippines: Poultry with prospects|first=Justin|last=Calderon|work=Inside Investor|date=July 16, 2013|access-date=July 18, 2013|archive-date=August 30, 2023|archive-url=https://web.archive.org/web/20230830105430/http://investvine.com/philippines-poultry-with-prospects/|url-status=dead}}

On November 6, 2017, SMC announced the consolidation of its beverage businesses into San Miguel Pure Foods Company, Inc. through a $6.6-billion share swap deal. San Miguel Pure Foods Company, Inc. would acquire 7.86 billion shares in San Miguel Brewery, Inc. and 216.97 million shares in Ginebra San Miguel, Inc. from SMC. After the consolidation, San Miguel Pure Foods Company, Inc. would be renamed San Miguel Food and Beverage, Inc.{{cite web|url=https://in.reuters.com/article/us-sanmiguel-restructuring/san-miguel-to-consolidate-food-beverage-units-in-share-swap-idINKBN1D624X |archive-url=https://web.archive.org/web/20171106162511/https://in.reuters.com/article/us-sanmiguel-restructuring/san-miguel-to-consolidate-food-beverage-units-in-share-swap-idINKBN1D624X |url-status=dead |archive-date=November 6, 2017 |title=San Miguel to consolidate food, beverage units in sale swap |first=Neil Jerome|last=Morales|work=Reuters|date=November 7, 2017|access-date=November 7, 2017}}{{cite web|url= https://www.rappler.com/business/187503-san-miguel-food-beverage-consolidation |title=San Miguel to merge food, beverage businesses|first=Chrisee|last=dela Paz|work=Rappler|date=November 6, 2017|access-date=November 7, 2017}} San Miguel Pure Foods Company, Inc. held a special stockholder meeting on January 18, 2018, which approved the amendments to the Articles of Incorporation and the share swap transaction. After the consolidation, SMC intended to sell up to 30% of the company to foreign investors to raise roughly $3 billion for future investments. The sale would be done through a private placement in 2018.{{cite web|url=http://www.philstar.com/business/2017/11/23/1761476/smc-sell-30-food-beverages-business |title=SMC to sell 30% of food, beverages business |first=Iris|last=Gonzales|work=Philstar|date=November 23, 2017|access-date=December 6, 2017}}{{cite web|url=http://www.philstar.com/business/2018/01/19/1779050/san-miguel-moves-closer-merging-food-beverage-units-under-pure-foods |title=San Miguel moves closer to merging food, beverage units under Pure Foods |first=Iris|last=Gonzales|work=Philstar|date=January 19, 2018|access-date=January 19, 2018}}

On March 23, 2018, the Philippines' Security and Exchange Commission (SEC) approved the change in corporate name to San Miguel Food and Beverage, Inc.and amendments in the company's Articles of Incorporation.{{cite web |url=http://www.sanmiguel.com.ph/files/reports/PSE-SEC_approval_of_amendment_of_Articles_of_Incorporation_of_SMPFCI_03.27_.18_.pdf |title=Disclosure letter to SEC |work=San Miguel Corporation |date=March 27, 2018 |access-date=April 6, 2018}} The company's PSE ticker symbol was changed to {{Pse|FB}} effective April 5, 2018.{{cite web|url=http://edge.pse.com.ph/openDiscViewer.do?edge_no=b56026a374d14db043ca035510b6ec2b#sthash.hWa9ttBs.dpbs|title=Change in corporate name and/or stock symbol|work=PSE (Philippine Stock Exchange) EDGE (Electronic Disclosure Generation Technology)|date=March 28, 2018|access-date=April 6, 2018}}

File:San Miguel Pure Foods Company logo.jpg

Subsidiaries

San Miguel Foods (group)
The Purefoods-Hormel Company, Inc. (joint venture with Hormel Foods Corporation)
Monterey Meatshop
Magnolia, Inc.
Sugarland Corporation
Golden Food and Dairy Creamery Corporation
Realsnacks Manufacturing Corporation
San Miguel Foods, Inc.
San Miguel Mills, Inc.
Golden Bay Grain Terminal Corporation
Golden Avenue Corporation
San Miguel Super Coffeemix Company, Inc. (joint venture with Super Coffee Corporation)
San Miguel Foods International, Ltd.
San Miguel Pure Foods Investment (BVI), Ltd.
San Miguel Foods Vietnam Company, Ltd. (formerly San Miguel Hormel Vietnam Company, Ltd. and San Miguel Pure Foods Vietnam Company, Ltd.)
PT San Miguel Foods Indonesia Tbk.
San Miguel Brewery, Inc. (joint venture with Kirin Holdings Co., Ltd.)
San Miguel Brewing International Ltd.
Ginebra San Miguel, Inc.