International Breweries commissions new US$250mn Sagamu Brewery

NIGERIA- International Breweries, a subsidiary of the world’s largest brewing firm AB InBev has commissioned a new US$250 million brewery in Sagamu, Ogun State, reports Beverage Industry news. The new facility, its fourth in the country promises to create 600 direct and over 2000 indirect jobs along the value chain, the company said. Also the…

Nigerian Breweries appoints Emmanuel Oriakhi as new Marketing Director

NIGERIA- Nigerian Breweries has appointed Emmanuel Oriakhi as new Marketing Director based at the Heineken headquarters in Amsterdam, reported Beverage Industry news. He succeeds Franco Maria Maggi who has been transferred on secondment to Amsterdam to take up a higher position. Until Mr. Maggi’s transfer to Amsterdam, he has been the Marketing Director and Executive…

Carlsberg announces investments in Kronenbourg brewery in France

FRANCE – Carlsberg Group, a global brewing company, has announced investments at its Kronenbourg brewery in France, as President Macron visits New Carlsberg Glyptotek. According to the company, the US$116.92 million investment was announced during the visit of the French President Macron to the historical New Carlsberg Glyptotek in Copenhagen. During the visit, Cees ‘t…

Nigeria Breweries launches empowerment scheme to support artisans and small businesses

NIGERIA - Nigeria Breweries (NB), producer of Life Continental Lager Beer brand has launched the 2018 Life Beer empowerment scheme alongside US$82,834.02 with an aim to empower 100 artisans and small businesses, reports NAN. Deemed “Life Progress Booster 2018’’, the initiative aims to boost small ventures to the next level and make progress in seven states…

Tanzania Breweries profit soars on 24% volume growth in the year 2017

TANZANIA - Tanzania Breweries Limited (TBL), the local subsidiary of the world’s largest brewing company AB InBev has said operating profit for the nine months ended December last year grew 16% while sales volume grew to 3.3 hectolitres resulting in 24% volume growth in revenue. Revenues are driven by volume growth and product mix, also…

Carlton & United Breweries launches first non-alcoholic beer in Australia

AUSTRALIA - Anheuser-Busch InBev-owned Carlton & United Breweries, an Australian brewing company, has launched its first non-alcoholic beer in the brewery’s 180-year history. According to the company, Carlton Zero is for beer lovers who want more opportunities to enjoy beer responsibly, an option of a non-alcoholic beer that actually tastes like beer. The company added…

Champ Malta producer Champion Breweries profits fall 7% on rising costs

NIGERIA - Champion Breweries plc, Akwa Ibom based producer of Champion lager beer and Champ Malta has recorded 6.53% decline in profit to US$223,102.93 for the half year ended June 2018 from US$238,345.99 in 2017. According to Beverage Industry news, the decline was blamed on rising cost of selling and distribution expenses, which rose 95%…

Carlsberg increases ownership in Cambodian brewer to 75%

INDIA – Carlsberg, one of the leading brewery groups in the world, has increased its ownership in the Cambodian brewer Cambrew Limited (Cambrew) by 25% and as a result, the Carlsberg Group now owns 75% of Cambrew. According to the company, Cambrew is among the largest brewers in Cambodia. Its largest beer brand – the…

Diageo invests in a new Guinness brewery in Maryland, USA

USA – Diageo, a British multinational alcoholic beverages company, has invested in a new Guinness brewery outside of Baltimore, Maryland which represents the first Guinness brewing operation on U.S. soil in more than 60 years. According to Guinness, the brewery will attract more than 300,000 visitors in its first year of operation. In addition to…

Guinness Nigeria appoints Baker Magunda as new Managing Director

NIGERIA - Guinness Nigeria, a subsidiary of Diageo Plc of the UK has appointed Baker Magunda as the company’s new Managing Director/ Chief Executive Officer effective 1 July 2018. Baker succeeds Peter Ndegwa who gave his notice of resignation on 30th June 2018 and the Board accepted his resignation on the same date. He joins…