Tag: Heineken

Heineken extends dominance in Nigeria beer market with potential Champion Breweries takeover

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NIGERIA – Heineken NV, the world’s second-largest brewer has launched a mandatory takeover bid for Nigeria based Champions Breweries, seeking to buyout the remaining 15.3% equity stake. The Dutch brewing company, made the offer through its wholly-owned subsidiary, Raysun Nigeria Limited, Heineken N.V, and plans to purchase up to 1,196,799,164 ordinary shares from the other shareholders of Champions Breweries. This is according to a recent notice signed by the Chairman of Champions Breweries Plc., Dr Elijah Akpan, and filed with the Nigerian Exchange Limited (NGX), reports Nairametrics. The move comes…

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Namibia Breweries in discussion for possible disposal of minority stake in Heineken South Africa to parent company

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NAMIBIA – Namibia’s leading beer maker Namibia Breweries Limited (NBL) has received an offer from Heineken NV to acquire its 25% shareholding in Heineken South Africa, which would be inter-conditional on the potential Distell transaction. Earlier this year, the Dutch multinational brewing company Heineken, made its intention of entering new alcohol market categories of wine and spirits, with the acquisition of Distell, South Africa’s leading producer and maker of wines, ciders, spirit and ready-to-drink beverages. The potential transaction, should it proceed, is subject to several conditions, one of which relates…

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Leading food industry players Coca-Cola, Heineken, UBL support vaccination efforts in Africa

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UGANDA – In an effort to provide a boost to government’s vaccination efforts, Uganda Breweries Limited, Coca-Cola Beverages Africa in Uganda, and the Private Sector Foundation of Uganda, have partnered with Kampala City Council Authority (KCCA) and the Ministry of Health to speed up COVID-19 Vaccination and open up the economy. The private sector players launched a rejuvenated COVID-19 vaccination drive that will increase the number of vaccination points in the Kampala Metropolitan Area for more people to get access to the available vaccines. Under the initiative, UBL, Coca-Cola, and…

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Heineken posts 109% profit growth in H1 but full year optimism falls as commodity costs rise

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NETHERLANDS – Dutch brewing company Heineken has more than doubled its first-half operating profit mainly driven by beer volume growth and a strong Heineken brand.  The maker of Heineken, Tiger, and Sol, said operating profit before one-offs surged 109% on an organic basis to 1.63 billion euros ($1.93 billion).   This is an impressive feat for a company that reported a first-half net loss of €297m (US$352m) in 2020 and was forced to introduce a raft of measures including 8,000 job cuts across its global portfolio.  The company’s net revenue jumped 14.1% on an organic basis…

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Heineken expands global footprint with addition of India’s United Breweries

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INDIA – Dutch multinational brewing company Heineken has added India’s United Breweries Limited (UBL) to its expansive portfolio of brewing companies.   The announcement by Heineken follows a recent annual general meeting where the company notified shareholders that it had obtained control of UBL after taking its shareholding from 46.5% to 61.5%.  UBL has a proud history dating back more than a century in India’s beer industry and is currently the undisputed market leader in the country with a population of more than 1 billion people.   The company has a strong network of breweries across…

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Heineken unveils new sustainable bar concept in effort to make the world “a little greener every day”

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UK – Dutch multinational brewing giant Heineken has launched Greener Bar, a completely new entertainment experience designed to reduce waste, water, emissions and energy usage in the company’s event bars.  Heineken said that every element of the Heineken Greener Bar- from the uniforms of the staff to the soil and plant ballasts weighing the bar down – has had a life before or will have a life long after the bar is gone.  “From the coasters made from the spent grain of the barley used during the brewing process, through to the use of reusable and recyclable cups, everything is designed…

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Heineken launches electric trucks in Netherlands, Brazil in race to rid cities of diesel fumes

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NETHERLANDS – Dutch multinational brewing company Heineken is rolling out electric trucks to supply beer in certain regions in Brazil and the Netherlands in an effort to make diesel fumes in cities “a thing of the past.”  In the Netherlands, Heineken is supplying cafés in the center of Amsterdam with what it says is the world’s first electrically powered mini-tank truck.  The new trucks are reportedly lighter than their predecessors and meet the standard of 7.5 tons aimed at protecting Amsterdam’s quays and bridges.   In this first phase, two electric tank beer trucks will…

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

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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…

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Heineken to explore new categories, considers takeover of South Africa’s Distell Group

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SOUTH AFRICA – Heineken NV, the world’s second-largest brewer seeks to enter new alcohol market categories of wine and spirits, as it eyes ownership of Distell, South Africa’s leading producer and maker of wines, ciders, spirit and ready-to-drink beverages. Distell, the owner of brands including Amarula, Savanna, Hunter’s Dry, Durbanville Hills and Nederburg, has revealed that it has been received interest from Heineken regarding the potential acquisition of the majority of its business. “The parties have entered into discussions which, if successfully concluded, may have an effect on the price…

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Heineken undertakes executive leadership changes in Africa, appoints new CEO in Nigerian Breweries

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NIGERIA – Nigerian Breweries, subsidiary of Heineken International has announced the appointment of Mr Hans Essaadi as its new Managing Director and Chief Executive Officer effective from 31st of July, 2021. Mr Hans takes over the helm of the company from Mr. Jordi Borrut Bel, who according to the brewer, will be completing his assignment in the company on the 30th of July, 2021. The Board of Directors of the company has indicated that it accepted Mr Borrut Bel’s letter of resignation as he is headed to take up another…

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