Zambian Breweries
Zambian Breweries Plc Breweries Plc is part of Anheuser-Busch InBev (ABInBev), the largest brewer in the world, with more than 400 beer brands and some 200,000 employees in over 50 countries. It is also one of the world’s largest bottlers of soft drinks.
| Type | Listed |
|---|---|
| LuSE: ZAMBREW | |
| Industry | Alcoholic beverages |
| Predecessor | Zambian Breweries, Zambia Bottlers, Copperbelt Bottling, Northern Breweries |
| Founded | 1963 |
| Headquarters | Plot 6438, Mungwi Road, Heavy Industrial Area, Lusaka , |
Number of locations | Lusaka, Ndola |
Key people | Monica Musonda (Chair) Jose Moran Ramirez (Country Director) |
| Products | Production and distribution of clear beer and soft drinks |
Production output | 2.3 million hl |
| Revenue | ZMW 2,640,037,000 (2019 including excise duty) |
| Owner | Anheuser-Busch InBev (ABInBev) |
Number of employees | 940 (2019) |
| Parent | Anheuser-Busch InBev (ABInBev) |
Zambian Breweries was established in Zambia in 1968 and its product range has grown to include clear beers such as Mosi Lager, Castle, Carling Black Label, Eagle, Stella Artois, and Budweiser.
History
- 1963 – Started as Northern Breweries Limited, a private company formed by South African Breweries (SAB-80%) and Labatt Breweries of Canada (20%). Started brewing from plants in Ndola and Lusaka.
- 1968 – Nationalised by the government[1] and split into Zambian Breweries (Lusaka) and Northern Breweries (Ndola). Renamed Zambian Breweries Limited.[1]
- 1994 – Privatisation began.
- 1997 – Listed on the Lusaka Stock Exchange[2]
- 1999 – Acquires Northern Breweries (Ndola) and the brand Rhino Lager.
- 2002 – Acquires the Coca-Cola franchise for Zambia, with bottling plants in Kitwe and Lusaka.[1]
- 2016 - In December, after acquiring SABMiller, ABInBev agrees to sell African Coca-Cola bottling operations to Coca-Cola for an undisclosed sum. This includes the Zambia operation owned by Zambrew.[3]
References
- "Zambian Breweries - AGE (African Growing Enterprises) File - Institute of Developing Economies". Ide.go.jp. Retrieved 2018-03-21.
- Issuers and sectors
- "Coca-Cola Buys AB InBev Out of Africa Unit for $3.2 Billion". Bloomberg.com. 2016-12-21. Retrieved 2017-08-16.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.