San Miguel Brewery Inc. is a subsidiary of

San Miguel Corporation San Miguel Corporation, abbreviated as SMC, is a Philippine Multinational corporation, multinational Conglomerate (company), conglomerate headquartered in Mandaluyong, Metro Manila. The company is one of the largest and most diversified congl ...

and jointly owned with Kirin Holdings Co. Ltd. The company is the Philippines’ largest

brewery A brewery or brewing company is a business that makes and sells beer. The place at which beer is commercially made is either called a brewery or a beerhouse, where distinct sets of brewing equipment are called plant. The commercial brewing of be ...

with a market share of over 95% as of 2008. The company also operates in

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

and

Southeast Asia Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical United Nations geoscheme for Asia#South-eastern Asia, south-eastern region of Asia, consistin ...

History

The first San Miguel Brewery, Inc. was founded as La Fábrica de Cerveza San Miguel in 1890 by Enrique María Barreto under a Spanish Royal Charter that officially permitted the brewing of beer in the Philippines and incorporated as the first San Miguel Brewery, Inc. in 1913. It was renamed

in 1963, having grown into one of the Philippines' largest business conglomerates with core interests in alcoholic and non-alcoholic beverages, food, and packaging. The breweries operated as the beer division of San Miguel Corporation until 2007. The present San Miguel Brewery, Inc. was incorporated on July 26, 2007, as a subsidiary of San Miguel Corporation and the domestic beer business was spun off into San Miguel Brewery, Inc. on October 1, 2007. In 2009, Kirin Holdings Co. Ltd. of Japan acquired 48.3% of San Miguel Brewery, Inc. from SMC for PHP 8.841 per share. In 2010, San Miguel Brewery, Inc. acquired 100% ownership of San Miguel Brewing International Ltd, enabling San Miguel Brewery, Inc. to achieve full integration of its domestic and international beer businesses. San Miguel Brewing International oversees operations in

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

People’s Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bo ...

and

Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making i ...

. On November 6, 2017, San Miguel Corporation announced the consolidation of its beverage businesses into

San Miguel Pure Foods Company, Inc. San Miguel Food and Beverage, Inc. (formerly 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 ...

through a share swap deal. San Miguel Pure Foods Company, Inc. will acquire 7.86 billion shares in San Miguel Brewery, Inc. from SMC. As a result, San Miguel Pure Foods Company, Inc. will own 51% of San Miguel Brewery, Inc. After the consolidation, San Miguel Pure Foods Company, Inc. will be renamed San Miguel Food and Beverage, Inc.

Marker from the National Historical Commission of the Philippines

The marker of Fábrica de Cerveza de San Miguel was installed in 1950 at General Solano Street, San Miguel, Manila. It was installed by the Philippines Historical Committee (now

National Historical Commission of the Philippines The National Historical Commission of the Philippines ( fil, Pambansang Komisyong Pangkasaysayan ng Pilipinas, abbreviated NHCP) is a government agency of the Philippines. Its mission is "the promotion of Philippine history and cultural herita ...

). On September 29, 2015, during the 125th anniversary of the founding of San Miguel Brewery, the National Historical Commission of the Philippines installed a historical marker on the San Miguel Headquarters in Mandaluyong.

Philippine Stock Exchange (PSE)

San Miguel Brewery, Inc. became listed in the

Philippine Stock Exchange The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Includin ...

(PSE: SMB) on May 12, 2008. On January 2, 2013, trading of its stock was suspended when the rule on the minimum public ownership of listed shares took effect. On February 18, 2013, the company announced that its board of directors had approved the voluntary de-listing of the company from the stock exchange as well as a tender offer to buy back 94.24 million shares – representing the 0.61% public float. On April 24, 2013, the PSE board granted the petition for voluntary delisting filed by the company to take effect on May 15, 2013.

References

External links

* {{Authority control Beer in the Philippines Breweries of the Philippines San Miguel Corporation subsidiaries Drink companies of the Philippines Companies based in Mandaluyong Food and drink companies established in 1890 Beer in China Beer in Hong Kong Beer in Indonesia Beer in Thailand Companies listed on the Philippine Stock Exchange Kirin Group Food and drink companies established in 2007 2007 establishments in the Philippines

History

Marker from the National Historical Commission of the Philippines

Philippine Stock Exchange (PSE)

See also

References

External links