San Miguel Corporation has announced the acquisition of a majority stake in the Cospak Group. Based in Sydney, Australia, the Cospak Group is the largest packaging trading firm in Australasia – San Miguel said. Although the Group operates largely in Australia and New Zealand, the company has trading outposts in South Africa and Italy. Combined with its manufacturing operations, the annual revenues of the Cospak Group exceed A$120 million. The company said they hoped to make the Cospak Group... ...Read more »

Southeast Asia’s largest food and beverage firm, San Miguel Corporation, has outlined an interest in the Asia Pacific operations of multinational producer Dole Food Company. The brewer told the Manila Stock Exchange that they were hoping their expansion could gather pace via a possible acquisition of Dole’s regional business. “We confirm that the Company is interested in Dole Food Co. and its other units in the Asia-Pacific Region,” they said in a statement. San Miguel did... ...Read more »

Kirin Holdings, Japan’s second largest brewer, and San Miguel Corporation (SMC) have entered into an agreement for Kirin to purchase the 43.3% of San Miguel Brewery, Inc. (SMB), the largest brewer in the Philippines with a reported 95% market share. The investment will significantly contribute to Kirin’s further growth in its alcohol business in Asia and Oceania, the company advised. The move continues Kirin’s push for acquisitions that can increase their sales outside of Japan... ...Read more »