![]() ![]() Oil Refining & Marketing (Petron Corporation)ġ. This served as a stepping stone for SMC as theyĬontinue to strive for success through continuously diversifying their business with different industries. They first began on focusing in the beverage industry in 1890 as a single brewery in the Philippines under La Fabrica de Cerveza de San Miguel and eventually become one of the best-selling beers in the region and among the top beer brands in the world. With this, San Miguel Corporation is considered one of the corporations who has a Very High Levels of Diversification and obviously Unrelatedly Diversified since business units or subsidiaries under the said corporation are not closely related. San Miguel Corporation is one of the Philippines’ largest and most diversified conglomerates, with revenues that accounted for about 5.9% of the country’s GDP in 2018, through its highly integrated operations in food and beverages, packaging, fuel, and oil, power, and infrastructure. San Miguel’s manufacturing started with the operations extend beyond its home market to Hong Kong, China, Indonesia, Vietnam, Thailand, Malaysia and Australia and its products are exported to 60 markets around the world. Its flagship product, San Miguel Beer, is one of the largest selling beers. It is the Philippines’ largest corporation in terms of revenue, with over 24,000 employees in over 100 major facilities throughout the Asia-Pacific region. ![]() San Miguel Corporation is a Filipino multinational publicly listed conglomerate holding company. Thomson Reuters Corporation Pte.BOM 33 CORPORATE LEVEL STRATEGY: SAN MIGUEL CORPORATION Philippine Dealing and Exchange Corporation
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