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)[]
1994-1998 (Ice Cream)[]

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1998-2004 (Ice Cream)[]

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1995-2001 (Yogurts and Desserts)[]
1996-2001 (Others)[]
| Nestlé Baby Food: Cerelac | Gerber | Mucilon | NAN | NaturNes | Nestum | SMA Nestlé Beverages:
Nestlé Chocolate & Confectionery: Nestlé Dairy: Specialty nutrition brands: Direct sales store brands: Purina Petcare: Nestlé Waters: Other brands and subsidiaries:
Former/discontinued brands Notes
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| A subsidiary of San Miguel Corporation
Subsidiaries: Magnolia, Inc. | The Purefoods-Hormel Company1 | San Miguel Foods Vietnam | San Miguel Super Coffeemix Company, Inc.7 | San Miguel Mills, Inc. | San Miguel Foods Corporation International, Ltd. | P.T. San Miguel Pure Foods Indonesia | San Miguel Brewery9 Defunct: Instafood | San Miguel CampoCarne Corporation3 | Magnolia Nestlé Corporation5 | Philippine Dairy Products Corporation8
Brands: Purefoods-Hormel (Purefoods): Magnolia: San Miguel Super Coffeemix: San Mig Coffee Defunct/Discountinued: Beef Loaf | Magnolia Best of the Philippines | CampoCarne4 | Carne Norte | Chicken Popcorn | Cooked Ham | Crisp 'n Juicy | Chick 'n Tasty | Purefresh | Jellyace | Sweet Ham | Baker's Best | Crispy Fried Chicken | Deli | Ham Selections | Hormel Black Label Bacon2 | Lean 'n Mean | Maple-flavored Bacon | Purewater | Sexy Chix | Sizzling Delights | Moby Hotdog | Valiente Sports Teams: Business Opportunities: -——— Others Notes
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