International Breweries plc explained

International Breweries plc
Traded As:NSE

INTBREW

Industry:Brewing
Foundation:Ilesa, Nigeria
Founder:Lawrence Omole
Location City:Ilesa, Osun State
Location Country:Nigeria
Products:Brewing of beer and non-alcoholic malt drinks
Owner:Brauhaase International Management GMBH (72.03%) L.A. Pro-Shares Limited (5.04%) Individuals (15.9%)
Num Employees:375 (in 2021)
Footnotes:www.nse.com.nghttps://www.bloomberg.com/quote/INTBREW:NL/profile

International Breweries plc is a brewery in Nigeria. It began production in December 1978 with an installed capacity of 200 000 hectolitres per annum, this increased to 500 000 hl/a in December 1982.[1]

On 26 April 1994 International Breweries plc became a public limited liability company and listed on the Nigerian Stock Exchange.

International Breweries plc has a technical services agreement with Brauhaase International Management GMBH, a subsidiary of Warsteiner Group of Germany, which owned 72.03% equity.[1]

On 1 January 2012, SABMiller took operational management control of International Breweries from BGI Castel.In early 2022, International Breweries plc signed a sponsorship deal with the Nigeria Professional Football League via the Hero lager beer brand.[2]

Products

See also

Notes and References

  1. Web site: AfricanSelect International Breweries plc – INTBREW: IPO Details. LLC. STOCKTRENDS. www.africanselect.com. 2017-08-30. 2 February 2014. https://web.archive.org/web/20140202171550/http://www.africanselect.com/scripts/cgiip.wsc/tradeone/html/ipo.r?pisharetype-id=5890. dead.
  2. Web site: INTERNATIONAL BREWERIES (INTBREW:Nigerian Stock Exchange): Stock Quote & Company Profile – Businessweek . investing.businessweek.com . 2 February 2022 . https://archive.today/20140123214458/http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=INTBREW:NL . 23 January 2014 . dead.