Ginebra San Miguel facts for kids
Formerly
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La Tondeña Inc. (1902–1987) La Tondeña Distillers Inc. (1987–2003) |
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Subsidiary | |
Traded as | PSE: GSMI |
Founded | 1902 |
Founder | Carlos Palanca, Sr. |
Headquarters | San Miguel Properties Centre, St. Francis Street, , |
Area served
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Philippines |
Key people
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Products | Distilled beverages |
Owner | San Miguel Corporation |
Parent | San Miguel Food and Beverage |
Type | Dutch-type gin |
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Manufacturer | Ginebra San Miguel Inc. |
Country of origin | Philippines |
Introduced | 1834 |
Alcohol by volume | 40% |
Proof (US) | 80 |
Colour | Clear |
Ginebra San Miguel, Inc. (GSMI, Tagalog: [hɪˈnɛbɾa sɐn miˈgɛl]), formerly La Tondeña Distillers, Inc., is a Philippines-based diversified beverage company majority-owned by San Miguel Food and Beverage, Inc.
History
La Tondeña was established in 1902 by Carlos Palanca, Sr. in Tondo, Manila and incorporated as La Tondeña, Inc. in 1929. The company name was inspired from its location.
In 1924, it acquired the Ayala Distillery (Destilería Ayala) from Ayala y Compañía (precursor of Ayala Corporation). In 1955, the company acquired Añejo Rhum from Tabacalera (Compañía General de Tabacos de Filipinas). In 1957, it acquired the trademark rights to Kulafu to launch Vino Kulafu Chinese herbal wine.
The company was renamed La Tondeña Distillers, Inc. (LTDI) in 1987 after being acquired by San Miguel Corporation from the Palanca family. The company then adopted the present corporate name Ginebra San Miguel, Inc. on March 7, 2003.
On November 6, 2017, San Miguel Corporation announced the consolidation of its beverage businesses into San Miguel Pure Foods Company, Inc. through a share swap deal. San Miguel Pure Foods will acquire 216.97 million shares in GSMI from San Miguel Corporation. As a result, San Miguel Pure Foods will own 76% of GSMI with San Miguel Corporation as the minority owner. After the consolidation, San Miguel Pure Foods will be renamed San Miguel Food and Beverage, Inc.
Ginebra San Miguel brand history
In June 1834, Casa Róxas established the Ayala Distillery, the first distillery in the Philippines. It produced a variety of drinks including anis, anisette, cognac, rum, whisky and gin (Ginebra Ayala, Ginebra San Miguel, Ginebra Nacional, Ginebra Extra, Ginebra Doble Extra, among others). The distillery was located in Quiapo, Manila and was a major business of Ayala y Compañía (successor of Casa Róxas) when it was acquired by La Tondeña on June 21, 1924.
Monde Selection awards
GSMI has received eight Quality Awards (five golds and three silvers) at the 2012 World Quality Selections, organized yearly by Monde Selection. Three of the brands have also earned the Monde Selection's International High Quality Trophy, granted to products achieving Grand Gold or Gold Awards for three consecutive years.
Sports team
- Barangay Ginebra San Miguel (PBA)
See also
- 1975 La Tondeña strike