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Heineken ready for new purchases in South Africa

It will acquire Distell Group Holdings and Namibia Breweries, to create a € 4B group

Dutch brewer Heineken has announced its intentions to buy South African companies Distell Group Holdings and Namibia Breweries Ltd, in order to create a 4 billion Euro beverage group in Southern Africa. The acquisition of Distell would serve the second largest brewer in the world, with the liquor brand Amarula and wines Nederburg and Two Oceans, to further grow in the world of wine and spirits.Heineken...

hef - 22032

EFA News - European Food Agency