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SMC's head office is located in Sotokanda, Chiyoda-ku, Tokyo, Japan. The company has a global engineering network, with technical facilities in the United States, Europe, and China, as well as Japan. Key production facilities are located in China and Singapore, and local production facilities are in United States, Mexico, Brazil, Europe, India ...
In 1996, SMC purchased full control of its Hong Kong arm, San Miguel Brewery Hong Kong Ltd. In April of the following year, SMC's domestic soft-drink bottling unit, Coca-Cola Bottlers Philippines, Inc., was merged into the Australia-based Coca-Cola Amatil Ltd. (CCA). In effect, SMC exchanged its 70-percent interest in a Philippine-only ...
SMC retained ownership of the Magnolia brand since it was also being used by other SMC products. SMC also retained ownership of the Aurora Boulevard property. In 1998, SMC withdrew from the Magnolia-Nestlé venture and a non-compete clause barred it from the ice cream and milk businesses for five years.
On November 6, 2017, SMC announced the consolidation of its beverage businesses into San Miguel Pure Foods Company, Inc. through a $6.6-billion share swap deal. San Miguel Pure Foods Company, Inc. would acquire 7.86 billion shares in San Miguel Brewery, Inc. and 216.97 million shares in Ginebra San Miguel, Inc. from SMC.
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Magnolia, Inc. was established in 1981 when San Miguel Corporation (SMC) spun off its butter, margarine and processed cheese assets into a joint-venture with New Zealand Dairy Board (NZDB), forming Philippine Dairy Products Corporation (PDPC).
SM Retail has ownership over SM Supermarket, SM Hypermarket and Savemore chains which would later be called collectively as SM Markets. [8] [1] It also owns SM Store department stores and food retail stores under Walter Mart and Alfamart (joint venture between SM and the Indonesian-based mini-mart/convenience store chain for Philippine franchise).
At year end of 1996, SMC had "45 million pounds of vacuum induction melting capacity", 590 employees, was incorporated in Delaware and was managed by Don Muzyka. [ 3 ] SMC acquired Inco Alloys International from Inco in 1998 at the same time as it sold US$125 million of preferred stock to Titanium Metals Corporation .