Heineken Beverages Explained

Heineken Beverages Holdings Limited
Former Name:	Sunside Acquisitions Limited
Type:	Public limited company
Industry:	Brewing, Beverage
Owner:	Heineken
Homepage:	https://www.heinekenbeverages.co.za/
Predecessor:	Distell Group

Heineken Beverages Holdings Limited, formerly known as Sunside Acquisitions Limited, is a special-purpose vehicle set up by Heineken to house its Southern and Eastern African assets alongside the bulk of the Distell business.^[1]

History

On 15 November 2021, Heineken announced a plan to acquire part of Distell Group business, in order to become the market-leading alcoholic beverage supplier in South Africa.^[2] Through the deal, Heineken and Remgro aimed to spin off a bulk of Distell's business to Sunside Acquisitions Ltd.^[3] As part of the transaction, Heineken agreed to merge its investments in Heineken South Africa, Namibia Breweries and operations in Kenya, Uganda, Tanzania, Zambia, Botswana, Zimbabwe and South Sudan into the new entity.^[4]

Brands

Heineken Beverages brands include:

Cider and ready to drink

See also

• Kenya Wine Agencies Limited
• Namibia Breweries Limited
• Remgro

Notes and References

1. Web site: 18 January 2022 . Distilling the Distell deal . 22 April 2022.
2. Philip Blenkinsop and Promit Mukherjee, Heineken to buy South Africa's Distell and Namibian Breweries at: Reuters
3. Web site: Cohen . Tim . 13 February 2022 . Don't get too tipsy on Heineken's offer for Distell . 27 April 2022.
4. Web site: 17 January 2022 . Sunside Acquisitions Limited Prospectus . 27 April 2022 . Heineken.