SABMiller to build new brewery in Nigeria
Posted: 1 March 2011 | SABMiller | No comments yet
SABMiller Africa announced today that it will invest over US $100 million in building a new greenfield brewery in Onitsha, in South Eastern Nigeria…
SABMiller Africa announced today that it will invest over US $100 million in building a new greenfield brewery in Onitsha, in South Eastern Nigeria...
SABMiller Africa announced today that it will invest over US $100 million in building a new greenfield brewery in Onitsha, in South Eastern Nigeria. The Anambra State Government and other Nigerian investors will hold up to 20% of the shares in the new business.
This follows the successful acquisitions of Pabod Breweries Ltd (Port Harcourt) and Voltic Nigeria Limited (Lagos) in 2009.
The initial stage of investment will see the operation of a distribution depot with construction of the brewery proceeding thereafter. On completion, the brewery which is expected to produce Grand Lager, Eagle, and Castle Milk Stout among other brands, will have the capacity to produce 500 000 hectolitres of beer and malt beverage with the capability to bottle water and other beverages.
Communities in Onitsha and other towns stand to benefit significantly through the creation of employment as well as through indirect commercial related activities and support services. Immediate direct job creation will see 180 trained local people employed, with that number increasing to approximately 450 as volumes grow. Local raw materials will also be utilised where possible supporting the local economy and the Government’s efforts toward poverty eradication and job creation.
Mark Bowman, Managing Director of SABMiller Africa, commented: “Over the past five years we have invested over US $1 billion in Africa. Today’s announcement is an indication of our commitment to increase our capacity further and to consolidate our position as a leading international brewer on the African continent whilst contributing positively to the local communities in which we operate.”