San Miguel Beer Division /

San Miguel Brewery, Inc. (PSE: SMB), a subsidiary of San Miguel Corporation, is the largest beer producer in the Philippines, with a market share of over 95% as of 2008. It has five breweries spread across the country producing eight beer brands, led by its flagship brand San Miguel. The original San Miguel Brewery was founded in 1890 in Manila. Later renamed as San Miguel Corporation (SMC) in 1963, it has grown into one of the Philippines' largest business conglomerates with interests in alcoholic and non-alcoholic beverages, food, packaging, power, oil and telecommunications. San Miguel Brewery was spun off from SMC on October 1, 2007 and was subsequently listed on the Philippine Stock Exchange on May 12, 2008. In 2009, Kirin Holdings Co. Ltd. of Japan bought 48.3% of the company from SMC for PHP 8.841 per share. San Miguel Brewery carries a portfolio of eight beer brands: San Miguel is brewed in Hong Kong by the San Miguel Brewery Hong Kong Ltd, where it has a 24% share as it is more affordable compared to European rivals. San Miguel is also produced in Nepal through a licensing agreement. San Miguel Brewery also brews Miller Genuine Draft and Löwenbräu beers under license. SMB