Heineken purchases 39.6m shares of United Breweries to bolster position as majority owner

INDIA- Heineken International B.V., the world’s second-largest brewing company, has acquired an additional 39.6 million shares of United Breweries, a leading alcoholic beverage company in India.  With the acquisition, Heineken’s shareholding in United Breweries (UB) has increased to 61.50% from 46.50%, increasing the company’s influence on its India’s subsidiary and cementing its position as majority owner.   The acquisition is a major win for Heineken as UB has undisputed market leadership with a national market share in excess of 50%.   The UB Group today controls 60% of the total manufacturing capacity…

Read More

Keroche Breweries launches Kenya’s first localy produced extra strong beer tapping niche market

KENYA – Kenya’s second largest brewer, Keroche Breweries has expanded its beer portfolio to extra strong beer category with launch of Vienna Ice Strong Lager. The new drink has an alcohol strength of 10% and according to the company, it’s the first strongest locally brewed beer in a market dominated by imports. The CEO of the company Tabitha Karanja, indicated that the product was introduced following a two-year survey which revealed the niche market, reports KBC. “For years, consumers have relied on imports in this market and the new brand…

Read More

Scottish start-up BrewDog wants to become world’s leading beer brand in the next 10 years

UK – Scottish brewing startup and the world’s largesr craft beer company BrewDog is dreaming big, and has its eyes set on becoming the world’s leading beer brand by 2030. Founded in 2007 by James Watt and Martin Dickie, BrewDog has rapidly grown and today boast of being the world’s leading craft brewer the world’s most valuable independent beer brand. Additionally, BrewDog is currently the world’s largest craft beer bar operator, America’s fastest growing brewery, and the world’s largest crowdfunded business. The company is also proud to note that its…

Read More

Rwanda launches new banana alcoholic beverages produced in recently opened US$1.2m factory

RWANDA – Rwanda has commenced operations at its Rwf1.2 billion (US$1.2m), Rwamagana Banana Community Processing Centre, producing banana alcoholic beverages. The factory which set turbines of its machines rolling in the beginning of April, has a production capacity of 28,000 litres per day i.e., 3,500 crates. According to reports by The New Times Rwanda, construction works for the facility started in 2016, but stalled for years. The center was fully constructed and equipped in January 2019 with production starting in 2020. However, they were again met with slight set-back of…

Read More

Scientists develop new method to upcycle spent barley to bolster sustainability in beer production

US – The process of making beer usually results in mounds of leftover grain that beer manufacturers have to dispose of. Previously, the protein-rich and fiber-rich powder typically was either used in cattle feed or discarded in landfills. With sustainability increasingly becoming an important part of the brewing process, filling landfills with their spent grain does not look good on the sustainability scorecard of beer manufacturers. It is neither a good idea if a protein rich product is just fed to animals when millions of people have a problem accessing…

Read More

Castle Malawi debuts new beer brand Doppel Munich

MALAWI– Castel Malawi, leading producer and distributor of alcoholic and non-alcoholic beverages in the South African country has launched a new brand of beer on the market known as Doppel Munich. Castel Malawi Managing Director Herve Milhade described the new beer as very tasty, very strong and very unique, introduced in the market to address consumer needs. “This new beer on the market will surely provide a great experience to our consumers,” he said The company’s manager for alcoholic beverages Stanley Chiyola said they have introduced Doppel to bring variety…

Read More

Zimbabwe’s Delta Corporation invests US$1.1m in sorghum production to meet rising beer demand

ZIMBABWE – Delta Corporation Limited, leading manufacturer and marketer of both international and locally produced beverages has invested US$1.1 million into sorghum planting under a strategy to secure inputs for its massive operation. The Zimbabwe Stock Exchange listed blue-chip, has recently been making fresh forays into domestic and foreign markets, unlocking opportunities for growth and higher demand for beer. The US$1.1 million injection, according to Zimbabwe Independent, will be channelled production of 13, 425 tonnes of sorghum to quench up the thirst of beer lovers as demand rises. “We have…

Read More

Molson Coors debuts organic beer as Beam Suntory unveils a new zero-sugar vodka line

US – Molson Coors Beverage Company has launched a new organic, low-calorie brew targeting health-conscious consumers while its counterpart, Beam Suntory has expanded its Pinnacle Vodka range with the introduction of a new zero-sugar vodka line. Dubbed Coors Pure, the new beer is Molson Coors’ first alcoholic beverage to be certified as organic by the USDA. Coors Pure being launched at a time when better-for-you beers are proving to be better performers even as the category at large flags facing the explosion of interest in other alcoholic beverage options such…

Read More

SAB to launch new B-BBEE scheme with US$371m worth of AB InBev’s shares

SOUTH AFRICA – The South African Breweries (SAB), subsidiary of AB InBev is set to launch its new B-BBEE scheme SAB Zenzele Kabili which will own R5.4 billion (US$371m) worth of the parent compay’s shares, after the maturation of its SAB Zenzele in May 2021. SAB Zenzele is the largest B-BBEE scheme in the history of South Africa in the fast-moving consumer goods sector, with a total maturation value of R9.7 billion. Launched in 2010, the landmark scheme transaction endeavoured to give the company’s retailer partners – taverners, bottle store…

Read More