San Miguel Corp.

Philippines group San Miguel to sell 20% stake in food & beverages unit

14 Aug 2018

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.

San Miguel Pure Foods eyes convenience demand with new plant

19 Feb 2018

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' San Miguel confirms unit merger approval, share offering

19 Jan 2018

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 giant San Miguel may sell stake in food, drinks arm

23 Nov 2017

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

Philippines conglomerate San Miguel to combine food, beverage arms

6 Nov 2017

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

San Miguel Pure Foods Q1 profits jump

10 May 2017

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.

San Miguel Pure Foods FY profits up 26%

20 Mar 2017

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.

San Miguel Corp. plans food business investment

5 Jan 2017

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.

H1 sales, profits up at San Miguel Pure Foods

10 Aug 2016

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

San Miguel Pure Foods touts benefit of brands

9 May 2016

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.

Food industry results in brief - Tiger Brands, Total Produce, Cranswick

26 May 2015

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.

San Miguel to buy out Hormel Foods from Vietnam JV

28 Jan 2015

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

Hormel mulling exit from Vietnam

26 Nov 2014

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

San Miguel Pure Foods to buy La Pacita biscuit assets

24 Nov 2014

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

San Miguel sees mixed food performance

10 Nov 2014

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.

United Biscuits "shortlists Kellogg, Burton's, Ulker"

25 Sep 2014

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: San Miguel submits bid for United Biscuits - report

24 Sep 2014

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

UK: Kellogg, Burton's bid for United Biscuits - report

23 Sep 2014

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

Editor's choice: the highlights on just-food last week

15 Sep 2014

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: San Miguel confirms eyeing bid for United Biscuits

10 Sep 2014

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