Intafact Beverages Limited Explained

Intafact Beverages Limited
Industry:	Brewing
Predecessor:	Intafact Properties
Foundation:	Onitsha, Nigeria
Location City:	Onitsha, Anambra State
Location Country:	Nigeria
Locations:	1 Brewery (Onitsha)
Products:	Brewing of Beer and Non-alcoholic Malt drinks
Num Employees:	300

Intafact Beverages Limited is a brewing company based in Onitsha, Anambra State, Nigeria.^[1] Since 15 December 2017, it is a subsidiary of International Breweries Plc.^[2]

SABMiller made an initial investment of over US$100m in the Onitsha brewery which was commissioned on 30 August 2012.^[3] In 2014 a decision was made to invest US$110 million to increase the current annual capacity from 700 000 to 2.1 million hectolitres.

Brands

The brewery produces for brands including Hero Lager, Budweiser, Castle Milk Stout (6%ABV), Grand Malt (non-alcoholic) and Beta Malt (non-alcoholic).

Ownership controversy 2013

A controversy arose in August 2013 about the issue of shares to Next International a company owned by the Anambra state governor Peter Obi.^[4] It is also reported that he invested 2 billion Naira of the state money for a 10% stake in the brewery.

See also

• List of beer and breweries in Nigeria

Notes and References

1. Web site: Company Overview of Intafact Beverages Limited . Bloomberg . 2018-12-16 . Intafact Beverages Limited produces and markets beer, Hero Lager. The company is based in Onitsha, Nigeria. .
2. Web site: Anudu . Odinaka . 2019-02-25 . International Breweries shows grit amid competition . 2023-06-11 . Businessday NG . en-US.
3. Web site: Africa News. m.news24.com. 2017-08-30.
4. Web site: Drama: PDP Senators stage walk-out over defection of Senator Omogunwa. Elombah.com. elombah.com. en-US. 2017-08-30. 2014-02-02. https://web.archive.org/web/20140202214742/http://elombah.com/index.php/special-reports/12438-governor-peter-obi-and-the-sabmiller-scandal-the-issues-raised-by-chudi-offodile. dead.