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Kiwi beers dispute duty free listing
Two Kiwi breweries have fallen out over which was the first to enter the New Zealand duty free market.
Heineken buys two Ethiopian breweries
Africa: Heineken has purchased two breweries in Ethiopia for a total of US$163 million.
Africa: Diageo to invest £225m in brewing ops
Africa: Diageo’s Guinness Nigeria has committed £225million (NGN 55 billion) to expand its brewing operations. The company has said this will create 200 permanent jobs for Nigerians.
Diageo buys SAB's stake in Kenya Breweries
Diageo subsidiary East African Breweries (EAB) has purchased all of SAB Miller’s 20% shareholding in Kenya Breweries (KB). The transaction is worth US$225 million. The deal is subject to EAB disposing of its 20% shareholding in Tanzania Breweries – by way of public offer through the Dar-es-Salaam Stock Exchange.
Africa: Heineken acquires additional brewing capacity
Africa: Heineken has announced the acquisition of two holding companies from the Sona Group. The two acquired businesses have controlling interests in each of the Sona, IBBI, Benue, Life and Champion breweries in Nigeria.
Africa: Diageo completes US$60m brewery acquisition
East African Breweries Limited (EABL), a subsidiary of Diageo, has completed the acquisition of 51% of the issued share capital of Serengeti Breweries Limited (SBL). EABL made the purchase from existing shareholders for a total consideration of approximately US$60.4million.
