San Miguel Food and Beverage, Inc., (formerly known as 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 employees deployed in a nationwide network of offices, farms, manufacturing, processing and distribution facilities. The company evolved from Pure Foods Corporation and is a subsidiary of San Miguel Corporation (SMC).
History
The company was incorporated on October 31, 1956 as Pure Foods Corporation, a manufacturer of processed meats marketed under the Purefoods brand name. Its incorporators were Joseph Henry Ng, Manuel Fong, Ismael Mathay Jr., Lee Ngan, Pablo Cutaoco, Gregorio Tung and Miguel Ortigas.[1] Ayala Corporation acquired substantial shares in the company in 1965 and majority control in 1981.[2]
In 2001, San Miguel Corporation (SMC) acquired Pure Foods Corporation from Ayala Corporation