It is the largest food and beverage company in the Philippines, with nearly 3,000 employees deployed in a nationwide network of offices, farms, manufacturing, processing and distribution facilities.

The company was incorporated on October 31, 1956 as Pure Foods Corporation, a manufacturer of processed meats marketed under the Purefoods brand name.

Its incorporators were Joseph Henry Ng, Manuel Fong, Ismael Mathay Jr., Lee Ngan, Pablo Cutaoco, Gregorio Tung and Miguel Ortigas.

[4] On November 6, 2017, SMC announced the consolidation of its beverage businesses into San Miguel Pure Foods Company, Inc. through a $6.6-billion share swap deal.

[7][8] On March 23, 2018, the Philippines' Security and Exchange Commission (SEC) approved the change in corporate name to San Miguel Food and Beverage, Inc.and amendments in the company's Articles of Incorporation.