Top 12 Largest Food and Beverage Companies in the Philippines
This is a list of the top 12 largest food and beverage companies in the Philippines. They're actively traded and publicly listed in the Philippine Stock Exchange (PSE). A short profile of each company is provided.
Jollibee Foods Corporation (JFC) – was incorporated on January 11, 1978. JFC's principal business is the development, operation, and franchising of quick-service restaurants under the trade name "Jollibee". In the Philippines, JFC also has, as subsidiaries, Fresh N' Famous Foods, Inc., which develops, operates and franchises quick-service restaurants under the trade names "Chowking" and "Greenwich"; Red Ribbon Bakeshop, Inc., which develops, operates and franchises restaurants under the "Red Ribbon" trade name; Mang Inasal Phils., Inc. (MIPI), which develops, operates and franchises restaurants under the "Mang Inasal" trade name; and Perf Restaurants, Inc., which franchises restaurants under the "Burger King" trademark in the Philippines.
Emperador Inc. (EMP) - was originally incorporated on November 26, 2001 as Touch Solutions, Inc. (TSI) with the primary purpose of establishing and operating information technology services and products. On July 31, 2013, the Securities and Exchange Commission approved the change in the Company's primary purpose to that of a holding company. On September 5, 2013, the SEC approved the change in name from TSI to the present one. It is now a holding company which operates an integrated business of manufacturing, bottling and distributing distilled spirits and other alcoholic beverages from the Philippines and Europe. The Company's brands include "Emperador Brandy"; "Emperador Light"; "Emperador Deluxe Spanish Edition"; "The BaR"; "Andy Player Black Blended Whisky"; "Smirnoff Mule Vodka"; "The Dalmore Single Highland Malt"; "Jura Premium Single Malt"; "Whyte & Mackay Blended Scotch Whiskey"; "Valdivar Vodka"; "Glayva"; "Claymore"; "Cluny"; and "John Barr".
D&L Industries, Inc. (DNL) – was incorporated on July 27, 1971 primarily as the holding company for a group of companies with interests in the customization, development and manufacturing of food ingredients; colorants, additives, and engineered polymers for plastics; aerosol products; as well as manufacturing of oleochemicals, resins and powder coating.
San Miguel Pure Foods Company, Inc. (PF) – was incorporated on October 13, 1956 to primarily engage in the business of manufacturing and marketing of processed meat products. The Company, through its subsidiaries, later on diversified into poultry and livestock operations, feeds and flour milling, dairy and coffee operations, franchising and young animal ration manufacturing and distribution.
Century Pacific Food, Inc. (CNPF)- was incorporated and registered with the Securities and Exchange Commission on October 25, 2013. The Company is primarily engaged in the business of buying and selling, processing, canning and packaging and manufacturing all kinds of food and food products. CNPF is a wholly-owned subsidiary of Century Canning Corporation. The Company's current main business segments are canned and processed fish segment, which produces tuna, sardine and other fish and seafood-based products; canned meat segment, which produces corned beef, meatloaf and other meat-based products; dairy and mixes segment, which comprise of canned milk, powdered milk and other dairy products as well as coffee mixes and sinigang mix; and tuna export segment, which produces private label canned, pouched and frozen tuna products for export. Among the recognizable brands under these segments include Century Tuna, 555, Blue Bay, Argentina, Swift, Angel and Birch Tree.
Max's Group, Inc. (MAXS), formerly Pancake House, Inc. (PCKH) –was incorporated on March 1, 2000 and is principally engaged in developing, acquiring, managing and franchising restaurants and food brands. On December 20, 2013, the Company announced an agreement to sell to the Max's Group of Companies (Max's Group) all of its shares in PCKH. The acquisition was successfully completed on February 24, 2014. Further, in July 2014, the Company announced that it will acquire all of the outstanding shares of several Max's Group entities and will effectively combine the restaurant brands of the Max's Group and PCKH. Each acquired Max's Group entity will continue to operate as a separate subsidiary of PCKH. MAX's portfolio consists of homegrown and international brands such as "Max's Restaurant"; "Pancake House", "Yellow Cab"; "Krispy Kreme"; "Jamba Juice"; "Teriyaki Boy"; "Dencio's"; "Maple"; "Kabisera ng Dencio's"; "Sizzlin' Steak"; "Le Coeur De France"; and "Singkit". As of December 31, 2014, there are a total of 541 outlets across these brands. The Company also owns Max's Corner Bakery, which offers "grab-and-go" bread, pastries, and cakes within the "Max's Restaurant" outlets; and The Chicken Rice Shop, which is a chain of halal quick service restaurants brought into the Philippines via a joint venture entity.
Del Monte Pacific Limited (DMPL) – was incorporated on May 27, 1999 as an international business company under the laws of the British Virgin Islands. On August 2, 1999, the Company was admitted to the official list of the Singapore Exchange Securities Trading Limited. DMPL is an investment holding company with subsidiaries that are principally engaged in growing, processing, and selling canned and fresh pineapples, pineapple concentrate, tropical mixed fruit, tomato-based products, beverage products and certain other food products mainly under the brand names of 'Del Monte' and 'S&W'. The Company wholly-owns Del Monte Pacific Resources Limited; DMPL India Pte Ltd; DMPL Management Services Pte Ltd; GTL Limited; and S&W Fine Foods International Limited.
RFM Corporation (RFM) –was incorporated on August 16, 1957 as Republic Flour Mills, Inc. to manufacture flour in the Philippines. From its original business of flour milling, the Company diversified into poultry and livestock production and areas of food manufacturing that includes flour-based products, margarine, milk & juices, canned and processed meat, ice cream, and bottled mineral water. RFM is also engaged in barging services through Rizal Lighterage Corporation and the leasing of commercial/office spaces through Invest Asia Corporation. The Company is known for the following brands: "White King All-Purpose Flour"; "Fiesta Spaghetti","Selecta Moo"; "Sunkist Orange Pulp"; "Vitwater"; "Selecta Magnum"; "Selecta Cornetto"; and "Selecta Paddle Pop". In January 2014, RFM purchased the "Royal" pasta brand business, goodwill and inventory stocks from the Unilever Group. In late 2012, RFM entered into a trademark and asset purchase agreement with The Pacific Meat Company, Inc. The terms of this agreement includes RFM's sale of the "Swift" brand, together with finished goods and raw material inventories, the goodwill of the business connected with the trademarks used for its canned, pouch flexible heat sterilized, refrigerated, chilled and frozen meat products, and certain machinery and equipment, as well as all product formulations, processes, know-how and other technical information relating to the production of meat products. The Company's subsidiaries include Unilever-RFM Ice Cream Inc.; Interbake Commissary Corporation; RFM Foods Philippines Corporation; Southstar Bottled Water Company, Inc.; Engrain-RFM Pacific, Inc.; FWBC Holdings, Inc.; RFM Equities, Inc.; Cabuyao Logistics and Industrial Center, Inc.; WS Holdings, Inc.; and Selecta Wall's Land Corporation.
Pepsi-Cola Products Philippines, Inc. (PIP) – was incorporated and registered with the Securities and Exchange Commission (SEC) on March 8, 1989 primarily to engage in manufacturing, sale and distribution of carbonated soft drinks and non-carbonated beverages, and confectionery products to retail, wholesale, restaurants and bar trades. On May 30, 2014, SEC approved the amendment of PIP's primary purpose to also engage in the manufacturing, sale and distribution of snacks, food and food products. PIP is a licensed bottler of PepsiCo, Inc. and Pepsi Lipton International Limited in the Philippines. The Company manufactures beverages under brands such as "Pepsi-Cola", "7Up", "Mountain Dew", "Mirinda", "Mug", "Gatorade", "Tropicana/Twister", "Lipton", "Sting", "Propel", "Milkis", and "Let's Be". The Company's customers include supermarkets, convenience stores, bars, sari-sari stores and carinderias. PIP leases certain parcels of land where its bottling plants and warehouses are located from third parties and Nadeco Realty Corporation for a period of one to 25 years and are renewable for another one to 25 years. The Company owns all its bottling facilities, which are located in Muntinlupa City, Sto. Tomas, Rosario, Pampanga, Naga, Cebu, Iloilo, Bacolod, Tanauan, Davao, Cagayan de Oro and Zamboanga.
Swift Foods, Inc. (SFI) –was incorporated on June 6, 1994 to assume RFM Corporation's (RFM) business of manufacturing, marketing and distributing processed and canned meat products, poultry products, and commercial feeds. SFI was primarily organized into two business divisions, namely, agribusiness (poultry and feeds) and meat (meat processing and sales & distribution) divisions. In 2002, the Board of SFI decided to transfer the marketing, selling and distribution activities of the meat division to RFM to join the latter's branded food group business.
Ginebra San Miguel, Inc. (GSMI) - which was incorporated on July 10, 1987, is a majority-owned subsidiary of San Miguel Corporation and is primarily engaged in the manufacture and sale of alcoholic and non-alcoholic beverages. GSMI operates three liquor bottling facilities that are located in Cebu, Pangasinan and Laguna. The Company also entered into toll manufacturing agreements with third parties to produce liquor products, whose facilities are located in Laguna and Valenzuela City. GSMI's flagship product is Ginebra San Miguel. The Company's other products include G.S.M. Blue, Gran Matador Brandy Solera and Magnolia Fruit Drink, and Big M, among others. Among wholly-owned subsidiaries of GSMI are Distileria Bago, Inc., an entity with a distillery located in Negros Occidental that converts sugar cane molasses into alcohol; and Agricrops Industries, Inc. (AII), which produces cassava starch milk, an alternative raw material for the production of alcohol. As of December 31, 2014, AII has not yet started commercial operations. GSMI has also incorporated other wholly-owned subsidiaries which are GSM International Holdings Ltd.; Global Beverage Holdings Limited; Siam Holdings Limited; and Healthy Condiments, Inc. (HCI). HCI is the Company's sole non-liquor business as it is primarily engaged in the manufacture, sale, distribution, import and export of vinegar and other sauce products and condiments.
AgriNurture, Inc. (ANI), formerly known as Mabuhay 2000 Enterprises, Inc., - was incorporated on February 4, 1997 and started its business operations in the same year as an importer, trader and fabricator of post-harvest equipment intended to improve the productivity and income of Filipino farmers. ANI has since diversified into various agro-commercial businesses and conducts business through two operating divisions namely, Philippine Operations and Foreign Operations. On the domestic front, ANI operates through its direct and indirect subsidiaries spread across its business groups under the farm to plate model, including, but not limited to, First Class Agriculture Corporation which distributes fresh produce to various channels under the FCA brand. Further, through its subsidiaries, ANI owns canning and tetra facilities in the export processing zone and fruit processing and banana farms in Mindanao, as well as engages in rice milling integrated with micro financing of farmers in partnership with China's biggest agricultural firm, Beidahuang. ANI also exports bananas, coco-water/juice, carabao mangoes, and pineapple to customers in Mainland China, Hong Kong, the Middle East, North America, and to different European regions. ANI is also a majority owner of retail arm The Big Chill, Inc., a company engaged in the business of selling beverages and food products under the brands Big Chill, Fresh Bar, C'Verde, Super Fresh, Canecoction, and Tully's Coffee.
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