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Home ยป Industry News ยป Breweries & Distilleries News ยป Heineken to open $100MN brewery in Mozambique in 2019

Heineken to open $100MN brewery in Mozambique in 2019

Heineken will open a $100 million brewery in Mozambique, its first production facility in the southern African nation, the brewer said on Monday.

 

The worldโ€™s second-largest brewer plans to start production at the 0.8 million hectoliters capacity plant in the capital Maputo in the first half of 2019, it said in a statement.

Heineken, which also brews Amstel and Sagres, opened a marketing office in Mozambique last year, importing products to compete in a market where AB Inbevโ€™s 2M is entrenched.

AB Inbev last year took over SABMiller, gaining a brewery in Mozambique among a host of assets worldwide.

โ€œWe are delighted to enter Mozambique, where we see promising long-term economic perspectives,โ€ said Heinekenโ€™s managing director for East and West Africa Boudewijn Haarsma.

Heineken built a brewery in neighbouring South Africa less than a decade ago after ending a deal with SABMiller for brewing Amstel beer.


Source

CNBCAFRICA

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