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- Based on a group-wide restructuring plan unveiled yesterday, Pure Foods will be transformed into a much larger company that will own 51.2 percent of beer giant San Miguel Brewery Inc. and around 76 percent of Ginebra San Miguel Inc. (GSMI). To reflect this infusion of businesses, Pure Foods will be renamed San Miguel Food and Beverage Inc.
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Nov 6, 2017 · In a disclosure to the Philippine Stock Exchange on Monday, Pure Foods will be renamed as San Miguel Food and Beverage Inc. while its primary purpose will be changed to include production of alcoholic and non-alcoholic beverages. Article continues after this advertisement.
Jan 3, 2024 · By June 2018, San Miguel Pure Foods Company Inc. had been renamed San Miguel Food and Beverage Inc. (SMFB) to reflect its expansion into the beer and non-alcoholic beverage business. Today, SMFB’s three main business units include beer and non-alcoholic beverages, spirits, and food.
Nov 6, 2017 · San Miguel Corp. (SMC) on Monday bared plans to consolidate its food and beverage businesses under San Miguel Pure Foods Co., which will be renamed as San Miguel Food and Beverage Inc. To execute the plan, SMC and San Miguel Pure Foods will exchange common and preferred shares.
Before the consolidation of San Miguel Corporation’s food and beverage businesses under San Miguel Food and Beverage, Inc. (SMFB) in 2018, SMFB, formerly named San Miguel Pure Foods Company Inc., a publicly listed company in the Philippines since 1973, was engaged purely in the food business through its operating subsidiaries comprising San ...
In 2018, San Miguel Corporation consolidated San Miguel Brewery and Ginebra San Miguel Inc. into San Miguel Pure Foods Company and renamed it San Miguel Food and Beverage Inc., further expanding opportunities for synergy among the three businesses.
Nov 6, 2017 · To move forward with the consolidation, San Miguel Pure Foods will acquire 7.86 billion shares in San Miguel Brewery and 216.97 million shares in Ginebra San Miguel from SMC.
Nov 9, 2017 · San Miguel Pure Foods Co Inc will be renamed San Miguel Food and Beverage Inc and expand to include alcoholic and non-alcoholic drinks. A company filing to the Philippine Stock Exchange stated that San Miguel Pure Foods will acquire 7.859bn common shares of San Miguel Brewery Inc (SMB) and 216.972m shares of Ginebra San Miguel Inc (GSMI) from ...
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