News

ZAMBIA: SAB subsidiary buys Coca-Cola bottler

Most popular

Campari and Cuervo - The next big spirits buy?

Spirits gift boxes will not be missed - comment

Remy Cointreau Performance Trends 2016-2020

White spirits trying to ride hard seltzer craze

just-drinks meets Stoli Group CEO Hugues Pietrini

MORE

South African Breweries has announced that its subsidiary, Zambian Breweries plc, has acquired Zambia's Coca-Cola bottler, Zambian Bottlers Ltd, for US$21.5m.

SAB International's managing director for Africa and Asia, Andre Parker, said that the acquisition was " in line with our strategy of driving down unit costs by extracting synergies through the integration of beer and soft drinks operations."

The purchase is to be financed by a combination of Zambian Breweries' own means and a proposed rights offer. Zambian Bottlers operates two facilities, one in Lusaka and one in Kitwe, and accounts for around 92% of the Zambian carbonated soft drinks market.


Companies: SABMiller

Related Content

In the Spotlight - Coca-Cola Co and Coca-Cola Enterprises deal closes

In the Spotlight - Coca-Cola Co and Coca-Cola Enterprises deal closes...

US: Coca-Cola Co, PepsiCo may close plants - analysts

US: Coca-Cola Co, PepsiCo may close plants - analysts...

Update - US: Coca-Cola Co gears up for CCE synergies

Update - US: Coca-Cola Co gears up for CCE synergies...

Molson Coors Beverage Co Performance Trends 2015-2019 - results data

Molson Coors Beverage Co Performance Trends 2015-2019 - results data...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?