SPC Group is a South Korean food company based in Seoul that manufactures food, bread, and other confectionery products. Sangmidang, the precursor of Samlip General Food was founded in 1945 and the group was launched in 2004. SPC Group is one of the oldest brands in the confectionery and bakery industry in Korea. Its catering facilities are based in Seongnam, Gyeonggi Province.
In addition to Samlip General Food and Shany, SPC Group has franchise brands such as Paris Baguette (Bakery) and BR Korea (Donuts and Ice Cream) as subsidiaries. The company also has SPL, SPC Capital, Samlip GFS, and Mildawon, to name a few, as the subsidiary companies, further broadening business scope with overseas establishments in the United States, China, Vietnam, and Singapore.
"SPC" stands for "Samlip/Shany," "Paris Croissant," and "Companies (including BR Korea and other subsidiaries of today and tomorrow)."
History
In 1945, Hur Chang-sung started a small confectionery outfit named Sangmidang. In 1959 the business was renamed to Samlip. A couple of years later, Samlip began to produce bread and biscuits. His business was aligned with government policies. Their first product was a cream-filled pastry. Samlip's quality was high for sales in US military camps. In the late 1960s, there were many competitors including Koryo Dang Bakery, Tae Geuk Dang, and New York Bakery. In 1972, Hur set up another arm called Shany to specialize in High-end cakes. Eventually, Hur's son, Hur Young-in oversaw Shany's operation and took over the Samlip group.[2]