UK - Heineken, the world’s second largest brewer, has announced plans to pour US$58.25 million into the UK’s struggling pubs to fund fund 140 projects and upgrades. According to the company, its British arm will invest the money into around 500 of the 2,900 pubs owned by its Star Pubs & Bars unit, with the…
USA - Heineken USA has appointed Maggie Timoney, former Heineken Ireland CEO as its new CEO, the first woman to serve as chief executive at the Dutch brewing company Heineken International effective 1 September 2018. She succeeds Ronald den Elzen who took over the position in 2015 and will be returning at Heineken N.V headquarters…
MEXICO - Heineken N.V. has opened a new brewery in Meoqui, Chihuahua, Mexico for US$500 million, the largest greenfield investment in the company’s history. The brewery, the company's seventh in Mexico, has a production capacity of 6 million hectolitres per year and will produce leading brands such as Tecate, Dos Equis and Heineken for the…
USA - The world’s second largest brewer after AB InBev, Heineken has taken a minority stake in the Belize’s Belikin beer maker, Belize Brewing Company (BBC) as it seeks expansion into the Central American market. Heineken entered a distribution partnership with BBC to import and distribute its brands including Heineken, Amstel and Red Stripe in…
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,…
