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History of RFM

 
 
From a Flour Mill...
In 1957, the seed was sown of what would be one of the Philippines' biggest food and beverage companies.
 

1957

Republic Flour Mills is established by Dr. Salvador Araneta, a prominent Filipino industrialist.

1963

RFM diversifies into agribusiness, establishing its first commercial feed mill.

1969

Don Salvador Araneta transfers the reins of RFM to Jose Concepcion Jr.

1973 The Board of Investments approves RFM's licensing agreement with Swifts and Co. of the US, the world's leading meat processing company.
 
 
... To a Food and Beverage Conglomerate
The 90s brought in new blood and a flood of new ideas further diversifying RFM's business through dynamic brand building and aggressive expansion and prudent acquisitions.
 
1989

Jose Maria Concepcion III assumes the position of President & CEO of RFM.

1990

RFM acquires soft drinks maker Cosmos Bottling Corp. and ice cream maker Selecta.

1991

RFM lists its shares on the Philippine Stock Exchange.

1994

Selecta, Swift and Cosmos lists their shares on the Philippine Stock Exchange.

 

RFM acquires majority control of Pacific Semiconductors, Inc., which has since been renamed as PSI Technologies, Inc.

 

RFM diversifies into real estate development and forms RFM Properties and Holdings, Inc. which has been since renamed as Philippine Township, Inc.

1995

RFM forms RFM Equities, Inc.

1996

RFM diversifies into banking and establishes Consumer Savings Bank.

 

Cosmos Bottling signs a joint venture agreement with P.T. Tirta Investama of Indonesia and forms Filipinas Water Bottling Co., Inc. to manufacture and sell bottled mineral water.

RFM acquires the franchise for Orange Julius , a popular snacks retailer.

1997

RFM acquires the franchise for Little Caesars Pizza.

1998 Selecta enters into a joint venture agreement with Unilever Philippines, Inc. and forms Selecta Wall's, Inc. to manufacture and sell ice cream.
2000-2001 To focus on its core businesses, RFM sells its interests in Consumer Bank and PSI Technologies. RFM also sells Cosmos Bottling to beverage and food conglomerate San Miguel and The Coca-Cola Co.
2001 RFM enters into a joint venture agreement with Uni-President of Taiwan on the manufacture of noodles.
  RFM and Iglo Sdn Bhd form a joint venture to establish an integrated cold storage chain facility, the first of its kind in the Philippines.
2003 RFM celebrates its 45th year, working towards reestablishing its core businesses - stronger, better and more vibrant food brands; and building a "new RFM" - the Branded Food Company.
 
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