Intafact Beverages Limited

Intafact Beverages Limited is a brewing company based in Onitsha, Anambra State, Nigeria.[1]

INTAFACT BEVERAGES LIMITED
IndustryBrewing
PredecessorIntafact Properties
FoundedOnitsha, Nigeria (December 22, 1971 (1971-12-22))
Headquarters
Onitsha, Anambra State
,
Nigeria
Number of locations
1 Brewery (Onitsha)
ProductsBrewing of Beer and Non-alcoholic Malt drinks
OwnerSABMiller
Number of employees
300

Since 15 December 2017, it is a subsidiary of International Breweries Plc.

SABMiller made an initial investment of over US$100m in the Onitsha brewery that was commissioned on 30 August 2012.[2]

In 2014 a decision was made to invest US$110 million to increase the current annual capacity from 700 000 to 2.1 million hectolitres. The capacity upgrade was due to be completed in 2015.

Brands

The brewery produces brands including

  • Hero Lager
  • budweiser
  • Castle Milk Stout (6%ABV)
  • Grand Malt (non-alcoholic)
  • Beta Malt (non-alcoholic)

Ownership controversy 2013

A controversy arose in August 2013 about the issue of shares to Next International a company owned by the Anambra state governor Peter Obi.[3] It is also reported that he invested 2 billion Naira of the state money for a 10% stake in the brewery.

See also

  • List of beer and breweries in Nigeria

References

  1. "Company Overview of Intafact Beverages Limited". Bloomberg. Retrieved 2018-12-16. Intafact Beverages Limited produces and markets beer, Hero Lager. The company is based in Onitsha, Nigeria.
  2. "Africa News". m.news24.com. Retrieved 2017-08-30.
  3. Elombah.com. "Drama: PDP Senators stage walk-out over defection of Senator Omogunwa". elombah.com. Retrieved 2017-08-30.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.