San Miguel Corporation (SMC) is a Philippine multinational company headquartered in Manila, originally founded in the brewery industry in 1890. The company is now one of the largest and most diverse in the entire Asia-Pacific region, expanding into various industries and sectors.
SMC operates in five business sectors: beverages, food, energy, infrastructure, and telecommunications.
In the beverages sector, the company produces a variety of beers, spirits, and soft drinks. This includes brands such as San Mig Light, Red Horse Beer, Gin Pomelo, and Coca-Cola. SMC brands have a strong presence in the Philippine market and are also widely distributed in other parts of the world.
In the food sector, SMC operates in various sectors including meat and poultry processing, dairy products, flour, and baked goods. Well-known brands include Purefoods, Magnolia, and Great Taste Coffee.
The company is also a major player in the renewable energy sector, operating hydroelectric, geothermal, wind, and solar power plants in various parts of the country. Additionally, SMC invests in oil-based energy infrastructure such as refineries, power plants, and pipelines.
The infrastructure business unit is a growing segment of SMC. The company has developed and operated several railway stations, airports, port, and road projects in the region. The company also engages in extensive real estate developments and is nearing completion of the largest shopping center in Manila.
Finally, SMC is also involved in the telecommunications sector. The company owns and operates mobile telecommunications companies Globe Telecom and Liberty Telecommunications Holdings, as well as various cable and satellite television providers.
San Miguel Corp employs over 24,000 employees and achieved a consolidated revenue of 1.07 trillion Philippine pesos (approximately 20.7 billion US dollars) in 2019. The company is on an impressive growth trajectory and has made several acquisitions in recent years to strengthen its presence in various markets.
Overall, SMC's business model is focused on operating in a wide range of sectors and leveraging synergies between its different business segments. The company benefits from its well-established market position and a deep understanding of the needs and preferences of its customers throughout the Asia-Pacific region.