CHINA - China Resources Beer (Holdings) Co Ltd is in talks to acquire Heineken NV’s China business in a deal that could be worth more than $1 billion, as the country’s largest brewer seeks new growth from premium brands, five people close to the discussions said. The negotiations come as global beer giants such as…
MEXICO – Leading brewing company Heineken has opened a new brewery in Mexico that it says will be the most water efficient in the World, with unique circular economy principles that drive its sustainability agenda. Made using the latest technology, the brewery is constructed following circular economy principles, focusing on renewable energy and efficient water…
NETHERLANDS - Heineken has recorded 5.37% increase in revenue to US$27.4 billion and a 7.1% rise in profits to US$2.75 billion in its 2017 full year financial report. The company attributed its overall growth to various new ventures it undertook in key developing markets and numerous expansions in 2017. Heineken expanded its production capacity in…
ETHIOPIA- Heineken has received US$49.8 million Forex Access following the central bank’s instruction to commercial banks to pay the company for its expansion project. The government through the office of the Vice Governor, Yohannes Ayalew had ordered presidents from various banks to make a commitment concerning the same to save a degrading forex and more…
AFRICA – The Global Fund, in conjunction with brewing giant Heineken have launched a new public-private partnership, joining forces to further advance the goal of ending HIV, tuberculosis and malaria epidemics in Africa. According to Heineken, it will lend its expertise in the areas of logistics and communications to support the Global Fund in better…
MOZAMBIQUE – The World’s number 2 brewery Heineken has laid the foundation stone to set up its first brewery in Mozambique, as it boosts its investments in Africa and other developing economies to cushion stagnant or slow growth in developed economies. This new brewery, valued at US$100 million is located in the province of Maputo,…
UK - Heineken has taken a minority stake in British craft brand Brixton Brewery and will invest to expand capacity and move the brewery to a new site in south London. The company, which launched four years ago, has around 15 employees and its beers have gone on sale in Italy and Hong Kong. It…
KENYA – Heineken East Africa has announced the launch of premium beer brand Amstel into the Kenyan market. Speaking at the launch event in Nairobi, Heineken East Africa General Manager Uche Unigwe said the introduction of Amstel was advised by the growing demand by Kenyans for a different brand of quality beer in the market.…
IVORY COAST - Heineken said it aims to double its beer production in Ivory Coast by next year as it bids to compete with French company Castel in a booming market. Beer consumption in Africa’s fastest growing economy has increased since the end of a decade-long political crisis in 2011, and Castel dominates sales with…
NIGERIA - Global beer brand Heineken has launched its first Africa inspired fashion collection, in collaboration with Africa’s emerging design talent, Lulu Mutuli and Azra Walji. The collections were unveiled on the catwalk of the closing show at Lagos Fashion and Design Week. It is an initiative in Heineken’s ‘Open Design Explorations’, which is global…
