“Market Cap $4.03 B As of May 2014
At a Glance
- Industry: Conglomerates
- Founded: 1890
- Country: Philippines
- CEO: Eduardo Cojuangco Jr.
- Website: www.sanmiguel.com.ph
- Employees: 18,095
- Sales: $17.61 B
- Headquarters: Mandaluyong
#804 Global 2000
- #533 in Sales
- #684 in Profit
- #867 in Assets
San Miguel Corp. engages in the manufacture and sale of beverage, food, and packaging products. It operates through the following segments: Beverages, Food, Packaging, Energy, Fuel and Oil, Infrastructure, and Telecommunications. The Beverages segment produces and sells both alcoholic and non-alcoholic beverages. The Food segment includes production and sales of poultry and feeds, and livestock farming. It also involves in the processing, marketing and selling of basic meat, refrigerated, processed, and canned meat products, manufacturing and marketing of flour and flour-based products, dairy-based products, breadfill desserts, cooking oil, and coffee and coffee related products. The Packaging segment involves manufacturing of glass containers, glass molds, polyethylene terephthalate (PET) bottles and preforms, PET recycling, plastic closures, corrugated cartons, woven polypropylene, kraft sacks and paper boards, pallets, flexible packaging, plastic crates, plastic floorings, plastic films, plastic trays, plastic pails and tubs, crate and plastic pallet leasing, metal closures and two-piece aluminum cans, woven products, industrial laminates, and radiant barriers. The Energy handles power generation and mining. The Fuel and Oil segment comprises refining and marketing of petroleum products. The Infrastructure segment constructs and develops roads, highways, toll roads, freeways, skyways, flyovers, viaducts, and interchanges. The Telecommunications segment renders domestic and international telecommunications services. The company was founded in 1890 and is headquartered in Mandaluyong, Philippines.“
“San Miguel History
Established in 1890, La Fabrica de Cerveza de San Miguel, Southeast Asia’s first brewery produced and bottled what would eventually become one of the bestselling beers in the region. Within the span of a generation, San Miguel Beer would become an icon among beer drinkers.
By 1914, San Miguel Beer was being exported from its headquarters in Manila to Shanghai, Hong Kong and Guam. A pioneer in Asia, San Miguel established a brewery in Hong Kong in 1948, the first local brewer in the crown colony.
Today, San Miguel Beer–the Company’s flagship product–is one of the largest selling beers and among the top 10 beer brands in the world. While brewing beer is the company’s heritage, San Miguel subsequently branched out into the food and packaging businesses.
From the original cerveza that first rolled off the bottling line, San Miguel Corporation has since expanded its portfolio to produce a wide range of popular beverage, food and packaging products which have–for over a century–catered to generations of consumers’ ever changing tastes. It has also diversified into heavy industries including power and other utilities, mining, energy, tollways and airports.
The Company’s manufacturing operations extend beyond the Philippines to Hong Kong, China, Indonesia, Vietnam, Thailand and Malaysia. Its products are exported to major markets around the world. Continuing a tradition of product quality, San Miguel is capitalizing on its unique strengths in brands and distribution to weave its products more deeply into the fabric of everyday life. Not just in the Philippines but in the Asia-Pacific region.
World Class Partners
San Miguel’s partnerships with major international companies have given the Company access to the latest technologies and skills. Our marketplace experience, technical expertise, and innovation capabilities, while largely homegrown, also reflect our long term partnerships with world class players.
San Miguel’s joint venture partners include Hormel Foods Corporation, Yamamura Glass and Fuso Machine and Mold Manufacturing of Japan. A strategic equity investment in San Miguel by Japan’s leading brewer and global player, Kirin Brewery Company, Ltd. has further enhanced San Miguel’s competitive position in Asia, a region in which it is already well placed.”
*Information from Forbes.com and Sanmiguel.com.ph
**Video published on YouTube by “ian23yan“