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Magnolia Inc. (formerly Philippine Dairy Products Corporation) is a Philippine food company owned by San Miguel Food and Beverage, Inc., a subsidiary of San Miguel Corporation. It is one of the largest dairy companies in the Philippines.
Selecta is a Filipino dairy products brand owned by RFM Corporation (PSE: RFM).Its milk business is operated by RFM Corporation, while its ice cream business is operated under a joint-venture with Unilever Philippines, Inc. (known as Unilever RFM Ice Cream, Inc.), and serves as the Philippine branch of Unilever's Heartbrand line of ice cream.
The history of the Magnolia brand can be traced back to 1899 when an American by the name of William J. Schober arrived in the Philippines as a cook in the United States Army. [citation needed] After the Philippine–American War, Schober would remain in the Philippines and introduced the "magnolia pie", "magnolia ice cream" and "magnolia ice ...
The economy of the Province of Cebu is the 2nd largest in the Philippines according to the Philippine Statistics Authority. [ 4 ] [ 5 ] In 2021, the Cebuano's combined economy peaked at P869.9 billion, making it the 2nd largest in the nation next to Laguna P922.3.
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RFM Corporation (PSE: RFM) is a publicly listed food and beverage company in the Philippines. RFM is a manufacturer of flour and flour-based products, milk, juice drinks, and ice cream. As of June 2013, RFM had an asset base of P12 billion and a total market capitalization of P17.1 billion. [1]
It became listed on the Philippine Stock Exchange on May 6, 2014. [2] The parent company, Century Pacific Group, Inc., was established by Ricardo S. Po, Sr. (1931–2021) on December 12, 1978 as Century Canning Corporation, whose primary business was the distribution and sales of canned and processed fish products derived from tuna, sardines ...
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 at July 16, 2013, San Miguel Pure Foods had a market share of over 40%, and is the Philippines' leading poultry ...