Ginebra San Miguel

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For the basketball team of the same name, see Barangay Ginebra San Miguel.
Ginebra San Miguel, Inc.
Type Subsidiary, Public
Traded as PSEGSMI
Founded 1902
Founders Carlos Palanca, Sr.
Headquarters San Miguel Properties Centre, St. Francis Street, Mandaluyong, Philippines
Area served Philippines
Key people

Eduardo M. Cojuangco, Jr. (Chairman and CEO)

Ramon S. Ang (Vice Chairman)
Bernard D. Marquez (President and COO)
Products Distilled beverages, non-alcoholic beverages
Parent San Miguel Corporation
Website www.ginebrasanmiguel.com
Ginebra San Miguel
Type Dutch-type gin
Manufacturer Ginebra San Miguel, Inc.
Country of origin Philippines
Introduced 1834
Alcohol by volume 40%
Proof 80
Colour clear

Ginebra San Miguel, Inc. (GSMI) (PSEGSMI) is a Philippines-based diversified beverage company majority-owned by San Miguel Corporation, previously named La Tondeña Distillers, Inc. (LTDI) (1987 to 2003). It was founded as La Tondeña, Inc. in 1902 by Carlos Palanca, Sr. It manufactures a range of distilled beverages and non-alcoholic beverages.

As of 2012, its flagship product, Ginebra San Miguel, is the largest-selling gin in the world, with sales of 23.8 million 9-litre cases, according to Drinks International.[1]

History[edit]

La Tondeña was established in 1902 by Carlos Palanca, Sr. in Tondo, Manila [2] 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. In 1924, it acquired the Ayala Distillery (Destileria y Licoreria de Ayala y Compañia) and its gin product, Ginebra San Miguel, from Ayala y Compañia (precursor of Ayala Corporation). In 1955, the company acquired Añejo Rhum from Tabacalera (Compañia de Filipinas). In 1957, it acquired the trademark rights to Kulafu to launch Vino Kulafu Chinese herbal wine.[3]

On July 10, 1987, San Miguel Corporation acquired a 70% stake in La Tondeña, Inc. (LTI) from the Palanca family and renamed it La Tondeña Distillers, Inc. (LTDI). In 1995, LTDI was listed in the Philippine Stock Exchange.

In 2003, LTDI was renamed Ginebra San Miguel, Inc. (GSMI) after its flagship product.

On November 1, 2008, GSMI acquired the assets of San Miguel Beverages, Inc. (SMBI), which was engaged in the manufacture and distribution of non-alcoholic beverages (Magnolia Fruit Drink, Magnolia Healthtea, Magnolia PureWater and Berri Juice).[4]

Ginebra San Miguel (product) history[edit]

In June 1834, Casa Róxas (a partnership between Domingo Róxas and Antonio de Ayala), the precursor of Ayala Corporation, founded a distillery named Destileria y Licoreria de Ayala y Compañia. It produced a variety of drinks including anis, anisette, cognac, rum, whisky and its trademark gin, Ginebra San Miguel. The distillery, which was located in Quiapo, Manila, was a major business of Ayala y Compañia (successor of Casa Róxas) until it was acquired by LTI on June 21, 1924.[5]

The "marca demonio" product label of Ginebra San Miguel still in use today was designed by Fernando Amorsolo in the early 1900s.[6]

Products[edit]

GSMI has received eight Quality Awards (five golds and three silvers) at the 2012 World Quality Selections, organized yearly by Monde Selection. Three of the brands have also earned the Monde Selection’s International High Quality Trophy, granted to products achieving Grand Gold or Gold Awards for three consecutive years.[7]

Sports teams[edit]


References[edit]

External links[edit]