Tag: Heineken

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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Heineken South Africa announces retirement of current CEO, yet to find successor

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SOUTH AFRICA – Heineken South Africa has announced the retirement of its Managing Director, Gerrit van Loo, almost three years after he took over the helm of the company. According to reports by Fin24, Van Loo is set to take an early retirement to spend time on personal pursuits and with his family. “We would like to thank Gerrit for strong tenure at the business, during which he has kept the company on a growth path through a tumultuous time for the liquor industry and while facing numerous operational challenges…

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Nigerian Breweries reports 26.9% Q1 revenue jump triggering impressive bottom-line growth

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NIGERIA – Nigerian Breweries, subsidiary of Heineken International, has reported a 38.59% year-on-year growth in profit to N7.66 billion (US$18.7m) for the first quarter of 2021, up from the N5.53 billion (US$13.5m) reported in the corresponding quarter of 2020. The impressive bottom-line growth can be directly linked to the 26.98% increase in net revenue, buoyed by the increase in sales during the quarter. Its net revenue in q1 2021 was N105.68 billion (US$258.3m), up from the N83 billion (US$203.04m) it made from sales in the corresponding period of 2020. According…

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Nestlé posts 7.7% organic growth in Q1 as Heineken remains resilient amid mounting challenges

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EUROPE – Nestlé, the world’s biggest company, has recorded 7.7% organic sales growth in the first quarter, driven by a boost in coffee sales and a gradual recovery in out-of-home channels. Heineken, the world’s second largest beer company, has on the other hand, managed to maintain its beer sales at 2020 levels despite of challenges such as alcohol bans and on-trade sale restrictions in a majority of its markets.   According to a statement from Nestlé, the company recorded Q1 net sales rose to CHF 21.09 billion (US$23.02 billion), up…

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Heineken commits to achieving net zero carbon emissions across entire value chain by 2040

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NETHERLANDS – World’s second-largest beer company, Heineken has released its most ambitious sustainability strategy yet, announcing plans to become carbon neutral in its own production by 2030 and in its full value chain by 2040. This marks the first in a series of refreshed Brew a Better World ambitions, aimed at “building the brightest possible future for the business, for the planet and for people around the world.” It also comes on the heels of the company’s new EverGreen growth strategy which was launched in 2020 to help the company…

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