Zambian Breweries
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 3,385,200,000 Zambian kwacha or about US$372,000,000.[3]
| Listed | |
| Traded as | LuSE: ZAMBREW |
| ISIN | ZM0000000078  |
| 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 | Valentine Chitalu (chairman) Jose Moran Ramirez (Managing Director) |
| Products | Production and distribution of clear beer and soft drinks |
Production output | 1,070 million hl |
| Revenue | K919,257 million[1] |
| Owner | SABMiller |
Number of employees | 1,060 (2012) |
| Parent | SABMiller Africa & Asia |
| Subsidiaries | National Breweries, Heinrich’s Syndicate Limited |
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
- Mosi Lager,
- Eagle Lager,
- Eagle Maize Lager,
- Castle Lager,
- Castle Lite,
- Carling Black Label,
- Flying Fish,
- Stella Artois,
- Budweiser
The company has a virtual monopoly on clear brew products in Zambia.[4]
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References
- Annual report 2012
- "Zambian Breweries Plc". Reuters. Retrieved 2017-08-16.
- "zambrew.com". zambrew.com. Retrieved 2018-03-21.
- "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.
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