Ginebra San Miguel Inc. (GSMI, ) () (formerly, La Tondeña Distillers, Inc.) is a
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no),
* bik, Republika kan Filipinas
* ceb, Republika sa Pilipinas
* cbk, República de Filipinas
* hil, Republ ...
-based diversified
beverage
A drink or beverage is a liquid intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, juice, smoo ...
company majority-owned by
San Miguel Corporation
San Miguel Corporation, abbreviated as SMC, is a Philippine multinational conglomerate headquartered in Mandaluyong, Metro Manila. The company is one of the largest and most diversified conglomerates in the Philippines. Originally founded i ...
(SMC).
History
La Tondeña was established in 1902 by Carlos Palanca, Sr. in
Tondo, Manila
Tondo is a district located in Manila, Philippines. It is the largest in terms of area and population of Manila's sixteen districts, with a Census-estimated 631,313 people in 2015 and consists of two congressional districts. It is also the seco ...
and incorporated as La Tondeña Inc. in 1929. The company name was inspired from its location. The distillery pioneered the production of
alcohol derived from
molasses, instead of the commonly used
nipa palm
''Nypa fruticans'', commonly known as the nipa palm (or simply nipa, from ms, nipah) or mangrove palm, is a species of palm native to the coastlines and estuarine habitats of the Indian and Pacific Oceans. It is the only palm considered adapt ...
.
In 1924, it acquired the Ayala Distillery (Destilería Ayala) from Ayala y Compañía (precursor of
Ayala Corporation
Ayala Corporation (Spanish: ''Corporación Ayala'', formerly ''Ayala y Compañía'' (Ayala & Company)) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and A ...
). In 1955, the company acquired Añejo Rhum from Tabacalera (
Compañía General de Tabacos de Filipinas
The , S.A. (''General Tobacco Company of the Philippines'', abbreviated CdF), also known as the , was a Spanish multinational joint-stock company, one of the world's most important enterprises in the late 19th and early 20th century, and the P ...
). In 1957, it acquired the trademark rights to
Kulafu
Kulafu was one of the earliest comic book heroes in the Philippines. Created on July 7, 1933, by Filipino illustrator Francisco Reyes and Filipino writer Pedrito Reyes, Kulafu appeared on the first colored adventure strip and the first two-pag ...
to launch Vino Kulafu
Chinese herbal wine.
The company was renamed La Tondeña Distillers, Inc. (LTDI) in 1987 after being acquired by San Miguel Corporation from the Palanca family. The company adopted its present name Ginebra San Miguel, Inc. on March 7, 2003.
On November 6, 2017, SMC announced the consolidation of its beverage businesses into San Miguel Pure Foods Company, Inc. through a share swap deal. San Miguel Pure Foods will acquire 216.97 million shares in GSMI from SMC. As a result, San Miguel Pure Foods will own 76% of GSMI with SMC as the minority. After the consolidation, San Miguel Pure Foods will be renamed
San Miguel Food and Beverage, Inc.
Ginebra San Miguel brand history
In June 1834, Casa Róxas established the Ayala Distillery, the first distillery in the Philippines. It produced a variety of drinks including anis, anisette, cognac, rum, whisky and gin (Ginebra Ayala, Ginebra San Miguel, Ginebra Nacional, Ginebra Extra, Ginebra Doble Extra, among others). The distillery was located in
Quiapo, Manila and was a major business of Ayala y Compañía (successor of Casa Róxas) when it was acquired by La Tondeña on June 21, 1924.
Monde Selection awards
GSMI has received eight Quality Awards (five golds and three silvers) at the 2012 World Quality Selections, organized yearly by
Monde Selection Monde Selection is an annual non-competitive award open to food, drinks, and cosmetics products, created in 1961. It is run by the commercial company, International Institute for Quality Selections, Brussels, Belgium. Consumer products are tasted a ...
. Three of the brands have also earned the Monde Selection's ''International High Quality Trophy'', granted to products achieving Grand Gold or
Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile met ...
Awards for three consecutive years.
GSMI dominates Monde Selection
, tribune.net.ph, Monday, July 9, 2012
Sports teams
* Barangay Ginebra San Miguel
The Barangay Ginebra San Miguel is a professional basketball team in the Philippine Basketball Association (PBA). The most popular team in the league, it is owned by Ginebra San Miguel, Inc. (formerly, La Tondeña Distillers, Inc.), a subsidia ...
( PBA)
See also
*1975 La Tondeña strike
It was also declared the ''International Women's Year'' by the United Nations and the European Architectural Heritage Year by the Council of Europe.
Events
January
* January 1 - Watergate scandal (United States): John N. Mitchell, H. R. ...
References
External links
Ginebra San Miguel, Inc.
San Miguel Corporation
{{PSEi
Drink companies of the Philippines
San Miguel Corporation brands
San Miguel Corporation subsidiaries
Food and drink companies established in 1902
Companies listed on the Philippine Stock Exchange
Companies based in Mandaluyong
Distilleries in the Philippines
Philippine alcoholic drinks
1902 establishments in the Philippines