Republic Biscuit Corporation facts for kids
Logo
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The Joy-Nostalg Center in Ortigas Center, Pasig, the corporate headquarters of Rebisco.
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Trade name
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Rebisco |
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Formerly
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England Biscuit Factory (1963–1972) |
Private | |
Industry | Food processing |
Founded | August 15, 1963 |
Founder | Jacinto Ng |
Headquarters | 38/F Joy-Nostalg Center, No. 17 ADB Avenue, Ortigas Center, , |
Area served
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Worldwide |
Key people
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Products |
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Revenue | ₱400 million (2023) |
Number of employees
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1,600 (2023) |
Divisions | Rebisco Foundation, Inc. |
Subsidiaries |
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The Republic Biscuit Corporation, doing business as Rebisco and also known as the Rebisco Group of Companies, is a Philippine privately held multinational snack food company headquartered in Ortigas Center, Pasig. It was founded in 1963 by Jacinto Ng.
History
Rebisco was founded by Jacinto Ng (born 1942) on August 15, 1963, as England Biscuit Factory, producing biscuits from a tiny, rented second-hand bakery, located at F. Blumentritt Street corner M. Salvador Street in the then-municipality of San Juan with only US$5,000 in start-up (approximately ₱15,000 to ₱20,000). The company's first products were Krema (cream-filled crackers) and Sodatine (plain crackers). Eventually, the company moved out of its San Juan site to a new and more spacious factory in Novaliches, Quezon City.
In 1972, England Biscuit Factory was renamed Republic Biscuit Corporation (Rebisco) and adopted a new image. In 1983, Krema was relaunched as Rebisco Cream Sandwich, that became the flagship product of the company. Through the years, Rebisco put up several companies to dominate other segments of the market: JBC Food Corporation (JBC) in 1989; Suncrest Foods, Inc. (SFI) in 1995; Multirich Foods Corporation (MFC) in 1999; and Pinnacle Foods, Inc. (PFI) in 2000. In 2003, Rebisco acquired Storck Products, Inc. (SPI), which previously produced confectionery products under license from August Storck, and later renamed the company as SPI Corporation.
In 2006, Rebisco entered the chocolate segment with the introduction of its own chocolate bar brand, Choco Mucho. In 2009, Rebisco Foundation, Inc. (RFI) and the company's corporate office at the Joy-Nostalg Center in Pasig were both established.
In 2012, the company began operations in the global market with the launch of Rebisco Vietnam Ltd., offering Rebisco Extreme biscuits in chocolate and mocha flavors as their first product, with its international factory was opened in 2015 in Ho Chi Minh City, Vietnam, marking the first Rebisco branch outside the Philippines. In 2015, Agripacific Corporation (APC) was established when the company ventured into the flour mill and oil business, and in the same year, Rebisco entered the ice cream segment with the acquisition of Creamline Dairy Corporation and would be renamed as SFI Multimix Corporation. In 2016, Pinnacle Foods, Inc. was absorbed into Suncrest Foods, Inc.
In celebration of its 55th anniversary, in 2018, the company opened its first community retail store Snacks To-Go.
In 2022, ahead of its 60th anniversary, the company entered the beverage market as the official Philippine importer of Thai beverage company Ichitan.
In 2023, Rebisco founder and head Jacinto Ng was listed by Forbes magazine as the 32nd richest person in the Philippines, with wealth of US$425 million.
Products
The company's products include biscuits, crackers, cookies, wafers, cakes, donuts, breads, candies, lollipops, chewing gums, jellies, chips, chocolates, creampastes, nuts, peas, seeds, ice cream, energy drinks, beverages, cooking oils, flours and baking mixes. All of its products are now exported to many countries across Asia, Europe, Africa, the Middle East, Oceania and the Americas.
Operations
Since 2009, Rebisco has been headquartered at the 38th floor of the Joy-Nostalg Center, which is located in No. 17 ADB Avenue, Ortigas Center, Pasig, Metro Manila. In addition, it also has 7 local factories in the Philippines (Quezon City, Caloocan, Valenzuela, Marilao, Calamba, Clark, Tanza) and 1 international factory in Vietnam (Ho Chi Minh City). As of 2023, the company operates in 48 countries around the world.
Subsidiaries
- Rebisco Group of Companies
- Republic Biscuit Corporation (division)
- JBC Food Corporation
- Suncrest Foods, Inc.
- Multirich Foods Corporation
- SPI Corporation (formerly Storck Products, Inc.)
- Agripacific Corporation
- SFI Multimix Corporation (formerly Creamline Dairy Corporation)
- Asia United Bank Corporation
- Omnipack Industrial Corporation
- SFI Fresh Bakers Corporation
- RBC Best Baker Foods, Inc.
- Rebisco Foundation, Inc.
- Rebisco Vietnam Ltd.
Former subsidiary
- Pinnacle Foods, Inc. (closed in 2016)
Sports teams
- Choco Mucho Flying Titans (Premier Volleyball League)
- Creamline Cool Smashers (Premier Volleyball League)
- Criss Cross King Crunchers (Spikers' Turf)
- Rebisco-PSL Manila (2017 Asian Women's Club Volleyball Championship)
- Rebisco Volleyball League National Championship
Other developments
On February 21, 2011, Y&R Philippines won the branding work for Rebisco. Y&R was tasked to create a new global brand for Rebisco. It will include the creation of a new logo and packaging unified mark to strongly identify the vast array of products.