• just-food home
• Companies

San Miguel Corp.

Philippines-based conglomerate San Miguel Corp. has revealed it is to sell a 20% stake in its recently restructured food and drinks business to meet regulatory requirements.

---

Philippines group San Miguel Pure Foods is to open a new factory in its domestic market, pointing to growing local demand for more convenient options.

---

Philippines business San Miguel Corp. has confirmed the amalgamation of its food, beverage and liquor units into a new entity has been approved by shareholders.

---

Philippines conglomerate San Miguel Corp. has said it could sell a 30% stake in its set-to-be-combined food, beer and liquor units.

---

San Miguel Corp., the Philippines-based conglomerate, has announced it is to combine its food, beer and liquor units into a single entity.

---

Philippines-based San Miguel Pure Foods saw its profits rise by a fifth in the first quarter of 2017, boosted by rising sales and easing commodity costs.

---

Philippines-based San Miguel Pure Foods saw its earnings jump by more than a quarter in 2016, helped by rising sales from its branded "value-added" business.

---

Philippines-based San Miguel Corp. has confirmed plans to invest up to PHP75bn (US$1.5bn) in its San Miguel Pure Foods subsidiary including new processing facilities.

---

San Miguel Pure Foods, the Philippines-based business, has reported higher first-half sales and earnings.

---

San Miguel Pure Foods, the Philippines-based business, has reported higher first-quarter sales and earnings, helped by sales of branded products and lower dairy costs.

---

South Africa's Tiger Brands grabbed the headlines this week with news of the over-stating of sales at its Kenyan arm inflating local profits last year. Elsewhere, Ireland's Total Produce lifted its earnings forecast and said it was on the look-out for more M&A. UK meat group Cranswick reported mixed annual results.

---

Philippines food and drink business San Miguel Corp. is to buy out US group Hormel Foods from the companies' venture in Vietnam.

---

Hormel Foods has revealed it is considering leaving Vietnam, a market where it has a business with Philippines conglomerate San Miguel Corp.

---

Philippines-based San Miguel Pure Foods is to acquire the La Pacita biscuit business from local peer Felicisimo Martinez & Co.

---

San Miguel Corp., the Philippines-based brewer-to-oil refiner, has said that its food interests saw mixed fortunes in the first nine months of the year.

---

Blackstone Group and PAI Partners have reportedly shortlisted three potential buyers as they look to exit their investment in UK Jacob's and McVitie's maker United Biscuits.

---

Philippines food and drink group San Miguel Corp. has reportedly joined the race to acquire UK-based snack maker United Biscuits.

---

Kellogg and Burton's Biscuit Co. are reportedly among the companies who have submitted first-round bids for United Biscuits.

---

M&A was once more a focus on just-food as consolidation of the food sector continued. US natural and organic food group Annie's was snapped up by General Mills.

---

Philippines food and beverage group San Miguel Corp. is weighing up a bid for UK snacks firm United Biscuits.