San Miguel Pure Foods Company, Inc.

(PSE: PF) is the largest food company in the Philippines,

with nearly 3,000 employees deployed in a nationwide network of offices, farms, manufacturing,
processing and distribution facilities. It is the food subsidiary ofSan Miguel Corporation (SMC).
The company was incorporated in 1956 as Pure Foods Corporation, a manufacturer of processed
meats marketed under the Purefoods brand name. In 2001, SMC acquired Pure Foods Corporation
from Ayala Corporation and was renamed San Miguel Pure Foods Company, Inc.
In April 2001, the entire food division of SMC was consolidated under San Miguel Pure Foods
Company, Inc. Its integrated operations range from breeding, contract growing, processing and
marketing of chicken, pork and beef to the manufacture of refrigerated, canned and ready-to-cook
meat products, ice cream, butter, cheese, margarine, oils and fats, as well as animal and aquatic
feeds. It holds in its portfolio some of the most formidable brands in the Philippine food industry.
Sixty per cent of its sales comes from poultry, feeds and meats; branded businesses, processed
meats, coffee and dairy; and flour. As of 16 July 2013, San Miguel Pure Foods has a market share of
over 40 per cent, and is the Philippines' leading poultry producer.[1]
Contents
[hide]

1 Brands

2 Subsidiaries

3 Sports team

4 References

5 External links

Brands[edit]
Food :

Foodservice:

Bakers Best

Buttercup

Retail/Franchising:

Cheezee

Hungry Juan

Chocolait

Kambal Pandesal

Daily Quezo

Monterey Meatshop

Tender Juicy Fun Factory

Great Food Solutions

Dari Creme

San Mig Food Ave.

Delicious

Smokey's

Hormel - under trademark license

Feeds:

Jellyace

La Pacita[2] [3]

Magnolia

Monterey

Purefoods

Star

San Mig Coffee

San Miguel Gold Label

Tender Juicy

B-Meg

Subsidiaries[edit]

The Purefoods-Hormel Company, Inc.

International:

Magnolia, Inc.

Sugarland Corporation

Golden Food and Dairy Creamery Corporation

Realsnacks Manufacturing Corporation

San Miguel Foods, Inc.

San Miguel Mills, Inc.

Golden Bay Grain Terminal Corporation

Golden Avenue Corporation

San Miguel Super Coffeemix Company, Inc.

San Miguel Pure F

San Migue

Sa

P.T. San Miguel Pu

Sports team[edit]

Purefoods Star Hotshots (PBA)

San Miguel Pure Foods Co. Inc., the food manufacturing unit of conglomerate San Miguel Corp., is
spending between P8 billion and P10 billion annually over the next two to three years as it
aggressively expands its domestic and overseas businesses.
San Miguel Purefoods president Francisco Alejo III said in an interview the company planned to build
new facilities in Indonesia and Vietnam and penetrate new markets like Malaysia and Thailand.
Alejo said San Miguel Purefoods was in talks with potential partners for acquisitions and starting to
identify overseas companies for possible acquisitions.
San Miguel Purefoods plans to build 10 new facilities in the Philippines this year to expand the
production capacity of flour mills, nuggets, hotdogs, feed mills and poultry businesses.
With the planned expansion plans, we are poised to take advantage of the opportunities when the
market improves, Alejo said.
After buying the trademark of local biscuits maker La Pacita, which enabled San Miguel Purefoods to
venture into biscuits and snack foods business, the company is again in talks with another local firm
for a possible acquisition.
The company also plans to expand its bakery business by putting up 5,000 Kambal Pandesal stores
by 2020 from 500.
Meanwhile, Alejo said the company remains bullish on the domestic economy this year.
San Miguel Purefoods expects both revenues and net income to grow by low double digits this year.
We are optimistic for 2015 because of the increasing purchasing power of the Filipinos, Alejo said.
He, however, noted the port congestion remained a problem for the company, prompting it to resort
to substitute more expensive raw materials.
San Miguel Purefoods is currently raising as much as P15 billion through the issuance of preferred
shares.
San Miguel Purefoods plans to issue 10 million shares as primary offer and another 5 million in
oversubscription at a price of P1,000 apiece.
The company plans to use proceeds from the offering to refinance P15-billion in outstanding
preferred shares callable by March 2015.
The company hired BPI Capital Corp, China Banking Corp, RCBC Capital Corp., SB Capital
Investments Corp., Standard Chartered Bank as joint issue managers, underwriters and book
runners for the offering.

The dividend rate will be set on Feb. 11. The offering period is set from Feb. 16 to March 5, while the
issue date is on March 12.