Habesha Breweries S.C Explained

Habesha Breweries S.C
Type:Private
Industry:Brewery
Beverage
Founded:2009
Hq Location:Rebecca Building, Yeka sub-city
Hq Location City:Addis Ababa
Hq Location Country:Ethiopia
Area Served:Ethiopia
Key People:Omo Ohiwerei (CEO)
Products:Negus
Production:650,000 hectoliters to 1.5 million hectoliters
Production Year:2017
Revenue:$7.4 million
Revenue Year:2024
Owner:Royal Swinkels
Num Employees:300
Num Employees Year:2023

Habesha Breweries S.C is an Ethiopian brewery and beverage making company owned by Dutch company Swinkels Family Brewers Holding N.V with 60% share, 8,000 local shareholders and Linssen Participations B.V. Founded in 2009, Habesha is the largest beverage producing company with annual production capacity of 650,000 hectoliters to 1.5 million hectoliters in 2017. Its brewery plant is located in Debre Birhan with a plan of its strategic market in Addis Ababa and Debre Birhan.

In 2019, the company signed 50 million euro agreement with the International Finance Corporation (IFC) to extract barley source from smallholder farmers. It was funded by the Dutch Development Bank, Rabobank and ING Bank. The company commenced developmental program of barley chain producing. Since 2021, the current CEO of Habesha Breweries is Omo Ohiwerei.[1]

History

Habesha Breweries S.C was founded in 2009 by a group of Ethiopian investors. It is owned by Dutch company Swinkels Family Brewers Holding N.V with 60% share, 8,000 local shareholders (30%), and Linssen Participations B.V (10%).[2] Habesha is the largest beverage company in Ethiopia producing annual capacity from 650,000 hectoliters to 1.5 million hectoliters as of 2017. The brewery plant is located in Debre Birhan that involved in the production with a brand name of "Negus", and aimed its market distribution through Debre Birhan and Addis Ababa.[3] In 2019, Habesha Breweries signed to the International Finance Corporation (IFC) with 50 million euro agreement to extract barley source from smallholder farmers funded by the Dutch Development Bank, Rabobank and ING Bank.[4] In 2023, the company set development of barley chain program to become self-sufficient barley producer.[5]

Omo Ohiwerei is the current CEO of Habesha Breweries since 2021.

See also

Notes and References

  1. Web site: Editor . 2021-09-01 . Habesha Breweries appoints Omo Ohiwerei as new CEO Food Business Africa - Africa's No.1 Food & Beverage Manufacturing Industry Magazine and Website . 2024-08-15 . en-US.
  2. Web site: Project detail - HABESHA BREWERIES SHARE COMPANY - FMO . 2024-08-15 . www.fmo.nl.
  3. Web site: Fortune . (Addis) . Habesha Brews Second Product . 2024-08-15 . en-US.
  4. Web site: Fortune . (Addis) . IFC Loans 50m to Habesha Brewery . 2024-08-15 . en-US.
  5. Web site: Smith . Marcus Kaapa, Donovan . Kaapa . Marcus . 2021-05-24 . Habesha Breweries . 2024-08-15 . Africa Outlook Magazine . en-ZA.