Tag Archives: Heineken N.V

Heineken expands into Mozambique; to build $100m brewery

Dutch brewer Heineken N.V. announced on Monday the laying of foundation stone for its first brewery in Mozambique.

The company said that the new brewery which will open in the first-half of 2019 will be located in the province of Maputo, cost $100 million (€85m) to build and have a production capacity of 0.8 million hectoliters a year.

Heineken launches Premium beer Amstel into the Kenyan Market

Heineken East Africa on Wednesday introduced Amstel beer into the Kenyan market.

Speaking at the event to unveil the brand in Nairobi, Heineken East Africa General Manager, Uche Unigwe said, “The introduction of Amstel was informed by the growing demand by Kenyans for a different brand of quality beer in the market.

Heineken to double production capacity in Ivory Coast brewery

Dutch brewer Heineken said on Thursday that it plans to double current production capacity at its newly opened Brassivoire brewery in Ivory Coast by next year with the aim of going head-to-head with French beverage giant Castel which currently dominates the Ivorian beer market.

Beer consumption in Ivory Coast has risen since the end of a decade-long political crisis in 2011. Castel dominates the beer market with its popular Castel, Flag and Solibra Bock brands.

Heineken Nine months sales boosted by emerging markets

Amsterdam-based Heineken N.V. reported its nine months results to the end of September on Wednesday, with revenue climbing 2.5%, driven by growth in all regions except Europe and the United States.

The company said that beer volume grew 3.4%, driven by growths in Brazil, South Africa, Russia and Mexico.

Net profit for the period rose 19.94% to €1.49bn ($1.75bn) compared to €1.239bn recorded in the same period last year when the company had to take an asset impairment charge of €233m in the Democratic Republic of Congo (DRC).

Heineken to support 2017 Lagos Fashion Design Week

Heineken has said that it is supporting the 2017 edition of the Lagos Fashion and Design Week. The event showcases Africa’s rich fashion and designs by bringing together the best designers across the continent.

Founded by Style House Files, the LFDW leads the way with initiatives that support, strengthen and develop the fashion industry. Connecting with over 20 million Pan-African insiders, it features runway shows, fashion business series, fashion focus talks, and the #HLFDW after party. This year’s events will feature an exciting four-day line up with the theme, “Africa: Shaping Fashion’s Future”

Mexico’s FEMSA to sell stake in Heineken

Mexico’s FEMSA announced on Monday it would sell 5% of a 20% stake it holds in Dutch brewer Heineken NV. The stake is said to be worth about €2.5bn ($3bn).

Heineken’s relationship with FEMSA began in 2010 when the Dutch brewer acquired the beer business of FEMSA which gave the Mexican firm a 20% stake in Heineken.

L’Arche Green NV, the company through which the Heineken family controls Heineken Holding NV, said it would acquire €200m of the €2.5bn in shares FEMSA was putting up for sale.

Big Beer, Wine and Soft Drinks Firms Vie for Majority Stake in CCBA

Big multinational beer, wine and soft drinks firms are competing for the 57% majority stake in Coca-Cola Beverages Africa (CCBA).

First reported by Reuters and Bloomberg in April, Heineken, Coca-Cola Hellenic and Castel Group are among companies that have bid for a majority stake in CCBA, according to people familiar with the matter.

Mexico readies for a fight with Heineken over alleged misuse of protected name ‘Tequila’

Mexico’s Tequila Regulatory Council (CRT) is preparing for a drawn-out legal battle against Heineken N.V. over what it alleges is the Dutch brewer’s use of the word “Tequila”, a protected name on its Desperados Lager beer when the brew does not contain the spirit.

We cannot permit someone unscrupulously to affect tequila’s prestige,” said Ramon Gonzalez, CRT Director-General.

Either they take the word tequila off it, or they put some tequila in”. If they refuse, “we’ll have no choice but to fight this in court,” he said.

Heineken Beer Heiress Is Considering Her Successor

Charlene de Carvalho-Heineken was put on the spot in 2002, when her father died. Freddy Heineken had transformed the family beer company into one of the world’s largest brewers. Upon his death, de Carvalho-Heineken, his only child and sole heir, inherited 100 million shares of the company—a 25% stake—which gave her voting control. In a matter of a few days, the mother of five, who at the time was living as a housewife in London, had to decide whether to take up the role her father had played.

Nigerian Breweries appoints Johan Doyer as Interim Managing Director

Nigerian Breweries Plc (“NB”) Board of Directors have moved quickly to appoint a new Managing Director to replace the departing Mr. Nicolaas Vervelde, who resigned last week having completed his tenure at the firm. His last day on the job would be on the 16th of June 2017.

In a statement released by the company on Tuesday, it said that the appointment of Mr. Johan Doyer will take effect on 16th June 2017 and would be on an interim basis pending the appointment of a substantive Managing Director/CEO for the company.