San Miguel eyes Shell “Select” shops

In a disclosure to the Philippine Stock Exchange, San Miguel Corp. said “the company may have an interest in the Select shops of Pilipinas Shell if the same are offered for sale.” With a chain of more than 1,000 sales stations nationwide, Shell serves customers in almost every field of transport, commerce and industry with a wide range of high quality fuels, lubricants, liquefied petroleum gas, aviation fuel, bitumen and other specialty products it produces. The acquisition of Select shops is expected to enhance synergy in the sales and distribution network of the San Miguel businesses. San Miguel, with its core food, beverage and packaging businesses, owns more than 120 facilities in the Philippines, Southeast Asia, China and Australia. San Miguel’s goal is to become a distribution and logistics powerhouse in the Asia-Pacific region. (October 2, 2009)