In 1994, SMC transferred its ice cream and milk businesses to a new company, Magnolia Nestlé Corporation, a joint-venture with Nestlé. SMC retained ownership of the Magnolia brand since it was also being used by other SMC products. SMC also retained ownership of the Aurora Boulevard property. In 1998, SMC withdrew from the Magnolia-Nestlé venture and a non-compete clause barred it from the ice cream and milk businesses for five years. Upon the expiration of the non-compete clause in 2004, SMC revived its ice cream and milk businesses through its subsidiary, Magnolia, Inc.
1994-2004 (Ice Cream)
1995-2001 (Yogurts and Desserts)
|A subsidiary of San Miguel Corporation
Magnolia, Inc. | The Purefoods-Hormel Company, Inc.1 | San Miguel Hormel Vietnam Co., Ltd1 | San Miguel Super Coffeemix Company, Inc. | San Miguel Mills, Inc. | San Miguel Foods Corporation International, Ltd. | P.T. San Miguel Pure Foods Indonesia
Defunct: San Miguel CampoCarne Corp.3 | Magnolia Nestlé Corporation5
Defunct: Beef Loaf | CampoCarne4 | Carne Norte | Cooked Ham | Crisp 'n Juicy | Chick 'n Tasty | Purefresh | Jellyace | Sweet Ham | Baker's Best | Crispy Fried Chicken | Deli | Ham Selections | Hormel Black Label Bacon 2 | Lean 'n Mean | Maple-flavored Bacon | Sexy Chix | Sizzling Delights | Moby Hotdog | Valiente | Vida | Magnolia Best of The Philippines