Tag Archives: Intafact Beverages

AB InBev to increase equity stake in Nigerian operation post-merger

Anheuser-Busch InBev, the Belgian brewer which controls three independently operated breweries in Nigeria will increase its majority equity stake in International Breweries Plc (“IBPlc”) to 75.1% following the completion of the ongoing merger of its Nigerian operations.

AB InBev announced in early June that the Board of Directors of its three indirect Nigerian subsidiaries – IBPlc, Intafact Beverages Limited and Pabod Breweries Limited had agreed to explore a merger of their operations subject to regulatory and shareholder approvals.

The firm followed up in August by announcing it had secured the needed regulatory approvals from the Nigerian Securities and Exchange Commission (“SEC”) and the Nigerian Stock exchange (“NSE”) to merge its operations in Nigeria.

International Breweries to change its financial Year-end to December

International Breweries Plc (“IBPlc”) announced on Wednesday that it would be changing its financial year-end from 31 March to 31 December of every year.

In a statement released to the Nigerian Stock Exchange, the firm said that the first application would be for a nine months period ending 31 December, 2017.

AB InBev gets nod to merge its Nigerian breweries

International Breweries Plc (“IBPlc”), the Ilesha-based brewer owned by Anheuser-Busch InBev (AB InBev) announced on Tuesday it has received regulatory approvals from the Nigerian Securities and Exchange Commission (“SEC”) and the Nigerian Stock Exchange (“NSE”) to merge with its sister companies, Intafact Beverages Limited and Pabod Breweries.

AB InBev Nigeria donates patrol vehicles to Police, Road Safety in Anambra

Onitsha-based Intafact Beverages Limited, a subsidiary of global brewer AB InBev, on Wednesday donated six Hilux patrol trucks to the Nigerian Police, Anambra State and Delta State Command and the Federal Road Safety Commission (FRSC).

At the handover ceremony at the company’s facility in Onitsha, Andries du Plessis, Managing Director, AB InBev Nigeria and Ghana, noted that the donation of vehicles was in keeping with AB InBev’s commitment to creating a better world.

Anheuser-Busch InBev moves to merge its breweries in Nigeria

Anheuser-Busch InBev (AB InBev), the world’s largest brewer took steps on Tuesday to consolidate its operations in Nigeria.  International Breweries Plc, a subsidiary of the Belgian brewer announced on Tuesday that the Board of Directors of the three independently operated breweries controlled by AB InBev, namely International Breweries Plc, Intafact Beverages Limited and Pabod Breweries Limited have agreed to explore a merger of their operations subject to regulatory and shareholder approvals.

Intafact Hero’s Foundation Awards N50m to young Entrepreneurs

Intafact Hero’s Foundation, the Corporate Social Investment (CSI) initiative of Intafact Beverages Limited, makers of Hero Lager, has rewarded young aspiring entrepreneurs that took part in its just concluded Hero’s Foundation Kickstart Programme with the sum of N50m.

The Award was held in Onitsha, Anambra State on 9th December 2016.

Hero Foundation shortlists 120 for training phase of “Kickstart Programme”

Onitsha: Tuesday, July 25, 2016: 120 applicants out of the over 1,700 that applied for the maiden edition of the SABMiller Hero’s Foundation Kickstart programme have been shortlisted for the training and evaluation phase. The training, which will last for a week, will commence on August 7, 2016.

Intafact Beverages kicks-off SABMiller Hero’s Foundation Programme

The Anambra State Government has expressed its gratitude to Onitsha-based Intafact Beverages Limited, a subsidiary of SABMiller, the world’s number two beer company by volume and sales, for establishing the SABMiller Hero’s Foundation Kickstart Programme.

Speaking at the official kick-off of the programme, the Anambra State Commissioner for Youth Entrepreneurship and Sports Development, Mr. Tony Nnachetta reiterated the state government’s readiness to partner with Intafact Beverages in meeting the programme’s objectives.

SABMiller’s Intafact Beverages unveils Entrepreneurship programme for youths

SABMiller, South Africa’s brewing giant and majority shareholder of Intafact Beverages in Onitsha has unveiled an entrepreneurship programme called “Kick Start” for youths in the South Eastern States of Nigeria.

Hero Lager demonstrates commitment to consumers

Hero lager beer, a product of SABMiller’s Intafact Beverages, joined other top corporate brands in the country to sponsor the last COPA event in Lagos with a renewed commitment to continue to connect with consumers across the country.

According to the makers of the brand, the move was necessary because it is important to focus on consumers and engage them positively to build the desired relationship.