Tag Archives: Heineken N.V

China Resources seeks buyout of Heineken’s Chinese business

China Resources Beer (Holding) Co Ltd (CR), China’s largest brewer is said to be in talks to acquire Heineken NV’s Chinese business as the Dutch brewer looks to exit the market.

According to Reuters which first broke the news on Thursday, the transaction could be worth more than $1 billion. Details of the talks are still ongoing and could yet fall apart.

Heineken opens new greenfield brewery in Mexico

Dutch brewer Heineken N.V. announced on Wednesday the opening of a new brewery in Mexico. Located in Meoqui, Chihuahua State, it will be the company’s seventh brewery in the country.

At a cost of $500 million, the plant is said to be the biggest greenfield brewery in Heineken’s history, with a production capacity of 6 million hectoliters per year and will produce leading brands such as Tecate, Dos Equis and the Heineken brand for the Mexican market and for export.

Heineken toasts full year 2017 results

Heineken N.V cheered its full year results for 2017 as it reported a 5.37% (5% organic) rise in revenue to €21.9bn. Profits in the same period jumped 7.1% to €2.2bn from €2.09bn in 2016.

Commenting on the results, Jean-Francois van Boxmeer, chief executive officer, Heineken NV said, “We delivered strong results in 2017, with all regions contributing to organic growth in volume, revenue and Operating Profit.” Beer volumes grew 3%, with the “Heineken” beer brand growing 4.5% per hectoliter. The company said that revenue per hectoliter in all regions improved except for Asia Pacific due to negative mix effects.

Heineken drives brand equity in Nigeria, other African markets

Heineken says it has gained more brand equity in Nigeria and is looking to achieve same in 15 other African markets through investments in the brand.

The company said it had also increased its share of the beer market following the launch of a new commercial- Villager.

The 58 seconds commercial featured Jidenna Mobisson, the Nigerian born international act. The commercial is the brand’s first glocalized commercial and first Nigerian campaign.

The company said in a statement that it is in the process of rolling out the same commercial in 15 other African markets where it has presence.

African Health groups join protest against Global Fund, Heineken alliance

More fallout has emerged from the recently announced alliance between Global Fund and Heineken. Health advocacy groups in Africa have joined to condemn the partnership between Global Fund, a government, civil society and private sector group that fights the spread of HIV, tuberculosis and Malaria in Africa with the Heineken Group, an alcohol firm.

International Health campaigners condemn Global Fund alliance with Heineken

Global Health NGOs and alcohol concern groups have criticized the recent alliance between Global Fund, a government, civil society and private sector group that fights the spread of HIV, tuberculosis and malaria in Africa with Heineken Group, an alcohol firm.

In a letter sent to Global Fund, an alliance of over 2,000 health organisations decried the move and said the partnership with Heineken would only help the beer firm expand its marketing reach.

Heineken, Global Fund team-up to fight HIV, Tuberculosis and Malaria in Africa

Beer giant Heineken NV has joined forces with Global Fund, a government, civil society and private sector group to fight the spread of HIV, tuberculosis and malaria epidemics in Africa.

Heineken said it will provide its expertise in the areas of logistics and communications to support the Global Fund in better reaching specific demographic groups that are most at risk of HIV, tuberculosis and malaria.

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.