Almaza has a 61.5% share of the beer market in Lebanon with imported beers accounting for the rest of the market. Heineken, which has held its 10% stake in Almaza for 42 years, already accounts for a third of the imported beer sector.
LEBANON: Heineken acquires Almaza
Heineken has continued its recent acquisition spree with the purchase of a controlling interest in Almaza, Lebanon's only brewer. The Dutch beer group will acquire a 69% stake in the Lebanese brewer to add to the 10% stake it already holds.
September 19, 2002