San Miguel Brewery
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|Traded as||PSE: SMB (2008–2013)|
|Predecessor||San Miguel Corporation (1890-2007)|
|Headquarters||40 San Miguel Avenue, Mandaluyong, Philippines|
|Philippines, Hong Kong, China, Indonesia, Vietnam, Thailand|
|Ramon S. Ang (Chairman)
Roberto N. Huang (President)
|Products||Beer, non-alcoholic beverages|
|PHP 10.042 billion (US$207.2 million) |
|Parent||San Miguel Corporation|
|Subsidiaries||San Miguel Brewing International Ltd.|
San Miguel Brewery, Inc. (SMB) is a subsidiary of San Miguel Corporation (SMC) (PSE: SMC). The company is the Philippines’ largest brewery with a market share of over 95% as of 2008.[dead link] The company also operates in China and Southeast Asia.
The original San Miguel Brewery, Inc. was founded as La Fábrica de Cerveza de San Miguel in 1890 by Don Enrique Mª. 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 San Miguel Corporation (SMC) 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 SMC until 2007.
San Miguel Brewery, Inc. (SMB) was incorporated on July 26, 2007 as a subsidiary of SMC and the domestic beer business was spun off from SMC to SMB on October 1, 2007. In 2009, Kirin Holdings Co. Ltd. of Japan acquired 48.3% of the company from SMC for PHP 8.841 per share.
In 2010, SMB acquired 100% ownership of San Miguel Brewing International Ltd. (SMBIL) from SMC. The acquisition of SMBIL enabled SMB to achieve full integration of San Miguel’s domestic and international beer businesses. SMBIL oversees operations in Hong Kong, People’s Republic of China, Indonesia, Thailand and Vietnam.
Marker from the National Historical Commission of the Philippines
The marker of Fabrica de Cerveza de San Miguel was installed in 1950 at General Solano Street, San Miguel, Manila. It was installed by Philippines Historical Committee (now National Historical Commission of the Philippines).
|Fabrica de Cerveza de San Miguel|
|FUNDADA POR D. ENRIQUE MARIA BARRETO DE YCAZA, 4 DE MARZO DE 1890, EN LA CALZADA DE MALACAÑANG, NUM. 6, AHORA AVILES NUM. 132. INAUGURADA, 4 DE OCTUBRE DE 1890. BENEDECIDA POR EL GOB. ECL. D. EUGENIO NETTAR Y APADRINADA POR EL CAPITAN GENERAL D. VALERISMO WEYLER, GENERALES FEDUCHI Y EL MARQUEZ DE AHUMADA. ADMINISTRADA SUCESIVAMENTE PRO D. ENRIQUE MA. BARRETO HASTA 1893; D. PEDRO F. ROXAS (SOCIO GESTOR), 1893-1896; D. ENRIQUE BRIAS DE COYA, 1896-1903; D. VICENTE FERNANDEZ, 1903-1910; D. ANTONIO R. ROXAS, 1910-1917; D. ANTONIO BRILAS ROXAS, 1917-1945; CORONEL D. ANDRES SORIANO DESDE 1919. EXTENDIO SUS ACTIVIDADES 1919. |
Philippine Stock Exchange (PSE)
SMB became listed in the Philippine Stock Exchange (PSE: SMB) on 12 May 2008.
On 2 January 2013, trading of its stock was suspended when the rule on the minimum public ownership of listed shares took effect. On 18 February 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 24 April 2013, the PSE board granted the petition for voluntary delisting filed by the company to take effect on 15 May 2013.
Noteworthy for collectors: Older label design of Red Horse Beer shows the horse with a smile. Another distinct mark of the bottle has the back information all printed in red instead of yellow. The bottle is nicknamed the "laughing horse".
SMB operates six breweries in the Philippines:
- Polo Brewery (Metro Manila)
- Santa Rosa Brewery (Laguna)
- San Fernando Brewery (Pampanga)
- Mandaue Brewery (Cebu)
- Bacolod Brewery (Negros Occidental)
- Davao Brewery (Davao del Sur)
San Miguel Brewing International Ltd. (SMBIL) is a wholly owned subsidiary of SMB which operates subsidiaries in the following countries:
- San Miguel Brewery Hong Kong Ltd (SMBHK)
- San Miguel (Guangdong) Brewery Company Ltd. – subsidiary of SMBHK
- Guangzhou San Miguel Brewery Company Ltd. – subsidiary of SMBHK
- San Miguel Baoding Brewery Company Ltd.
- PT Delta Djakarta Tbk
- San Miguel Brewery Vietnam Ltd.
- San Miguel Beer (Thailand) Ltd.
- San Miguel Pale Pilsen (San Miguel Beer)
- San Miguel Premium All-Malt
- San Mig Light
- Blue Ice (Hong Kong)
- Bruck (Hong Kong)
- Knight (Hong Kong)
- Polar Ice (Hong Kong)
- Valor (Hong Kong and South China)
- Double Happiness Beer (South China)
- Dragon Beer (South China)
- Blue Star (North China)
- Super Cool (North China)
- W1N Bia (Vietnam)
- Dzo (Vietnam)
- Anker Beer (Indonesia)
- Kudah Putih (Indonesia)
- Sodaku (Indonesia)
- Soda Ice (Indonesia)
San Miguel is also produced in Nepal through a licensing agreement.
Relation with San Miguel Beer (Spain)
The origins of the Spanish-made San Miguel Beer date back to 1946, when SMC president Andrés Soriano, Sr. set up a brewery in Spain named, La Segarra, S.A., and gave it a licence to brew San Miguel Beer. In 1953, Soriano entered into an agreement with La Segarra, spinning off the Spanish rights of San Miguel Beer independent from SMC. In 1957, La Segarra changed its name to San Miguel, Fábricas de Cerveza y Malta S.A. The company was acquired by Mahou, S.A. from Groupe Danone in 2000, combining to form Spain’s largest brewer, the Mahou-San Miguel Group.
- SMB Annual Report 2008
- "ABOUT US - San Miguel Brewery Inc.". sanmiguelbrewery.com.ph.
- "Kirin Holdings_Reference_2009.5.22_Kirin Holdings Completes Acquisition of San Miguel Brewery Shares". kirinholdings.co.jp.
- Historical Markers: Metropolitan Manila. National Historical Institute. 1993.
- Doris C. Dumlao. "San Miguel Brewery delisting from PSE, sets tender offer at P20 each". inquirer.net.
- "PSE approves San Miguel Brewery delisting on May 15". GMA News Online.
- "It's confirmed: San Miguel Brewery to delist May 15". Rappler.
- "Red Horse Extra Strong". ratebeer.com.
- Manila Bulletin. "GSM sells non-alcoholic beverage business for P227M". mb.com.ph.
- Doris C. Dumlao. "Ginebra completes sale of non-alcoholic beverage assets to SMB". inquirer.net.
- "SMB acquires Ginebra’s non-alcoholic assets". manilastandardtoday.com.
- Llewelyn, David (2010). Invisible Gold In Asia: Creating Wealth Through Intellectual Property. Reno, Nevada: Marshall Cavendish Business. pp. 217–218. ISBN 9812618902.
- "San Miguel signs ‘co-operation’ agreement". thedrinksbusiness.com.
- "San Miguel Brewery, Mahou San Miguel unite - Beverage Industry News - just-drinks". just-drinks.com.
|Wikimedia Commons has media related to San Miguel Brewery.|
- San Miguel Pale Pilsen
- San Miguel Beer Delivery
- San Mig Light
- San Miguel Lifestyle Brews
- San Mig Strong Ice
- San Miguel Flavored Beer
- Red Horse Beer
- SMB 7,107 Celebrations (SMB Tourism Website)