RFM Corporation (🇵🇸) is a publicly listed food and beverage company in the Philippines. RFM is a manufacturer of flour and flour-based products, milk, juice drinks, and ice cream. As of June 2013, RFM had an asset base of P12 billion and a total market capitalization of P17.1 billion.[1]
History
Its founders included Salvador Z. Araneta, José N. Concepcion Sr., B.J. Server, Albino Z. SyCip, Zoilo Alberto, Francisco D. Gamboa, Edward Miller Grimm, Leonardo Eugenio, David SyCip and Charles "Chick" Parsons.[2] In 1973, RFM entered into an exclusive licensing agreement with Swift & Company to use the brand "Swift" for its meat processing business (in 1987, RFM purchased ownership rights for its exclusive use in the Philippines). For the next 15 years, RFM concentrated on growing its established core businesses and also introduced other grocery products, such as cake mixes, hotcake mixes, and ingredient mixes.
As it entered the 1990s, RFM began acquiring of a number of local companies and established partnerships with foreign companies.
In 1994, RFM divested its interest in hog operations and the poultry operations became known as Swift Foods Inc. (SFI).