Zambian Breweries

Zambian Breweries Plc
Listed
Traded as 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, Zambia
Number of locations
 Lusaka, Ndola
Key people
 Valentine Chitalu (chairman)
Products Production and distribution of clear beer and soft drinks
Production output
 1,070 million hl
Revenue ZMK 919,257 million[1]
Owner SABMiller
Number of employees
 1,060 (2012)
Parent SABMiller Africa & Asia
Subsidiaries National Breweries, Heinrich’s Syndicate Limited

Zambian Breweries Plc is a Zambian brewing and beverage company listed on the Lusaka Stock Exchange.[2] Its brews mainly pale lagers and a clear sorghum lager. It is also a major bottler of Coca-Cola. It has two breweries and three bottling plants. As of 2017 international brewing giant SABMiller owned 87% of Zambrew. Market capitalization was ZMW3,385,200,000 or about USD 372,000,000.[3]

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[4] and split into Zambian Breweries (Lusaka) and Northern Breweries (Ndola). Renamed Zambian Breweries Limited.[4]
  • 1994 – Privatisation began.
  • 1997 – Listed on the Lusaka Stock Exchange[5]
  • 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.[4]
  • 2016 - In December, after acquiring SABMiller, In Bev agrees to sell African Coca-Cola bottling operations to Coca-Cola for an undisclosed sum. This includes the Zambia operation owned by Zambrew.[6]

Brands

Castle Lager,

  • Mosi Lager,
  • Mosi Gold,
  • Eagle Lager,
  • Redd's,
  • Castle Lite,
  • Carling Black Label,
  • Ohlsson's Lager

The company has a virtual monopoly on clear brew products in Zambia.[4]

References

  1. ↑
  2. ↑ Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} Company Profile | Reuters.com". Reuters. Retrieved 2017-08-16.
  3. ↑ "zambrew.com". zambrew.com. Retrieved 2018-03-21.
  4. 1 2 3 4 "Zambian Breweries - AGE (African Growing Enterprises) File - Institute of Developing Economies". Ide.go.jp. Retrieved 2018-03-21.
  5. ↑
  6. ↑ "Coca-Cola Buys AB InBev Out of Africa Unit for $3.2 Billion". Bloomberg.com. 2016-12-21. Retrieved 2017-08-16.
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