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South African Breweries is now a direct subsidiary of Anheuser-Busch InBev SA/NV. [3] [4] The company that is now South African Breweries was founded in 1895 as Castle Brewery to serve a growing market of miners and prospectors in and around Johannesburg.
The origins of the company date back to the foundation of South African Breweries in 1895 in South Africa. For many decades, the operations of South African Breweries were mainly limited to southern Africa, where it had established a dominant position in the market during South African Apartheid, until 1990 when it began investing in Europe.
Castle Brewery is one of the oldest commercial breweries in South Africa. As company-endorsed legend would have it, the company was founded by Charles Glass in Johannesburg in 1894. UCT history professor Anne Kelk Mager has argued that the official SAB story overemphasized the role of Charles and that it was his wife Lisa Glass who was ...
In 1895, on the success of Castle Lager, South African Breweries (SAB) was founded, with its head office being the Castle Brewery. Two years later, SAB became the first industrial company to list on the Johannesburg Stock Exchange. Today, Castle Lager is brewed in nine countries and is available in over 40 countries worldwide.
South Africa accounts for 34% of Africa's formal beer market and is expected to grow by 8–10% annually over the next five years. Beer consumption in the country was pegged at 60 litres per capita in 2012, greater than the 14.6-litre African average and the global average of 22 litres.
Through the deal, Heineken and Remgro aimed to spin off a bulk of Distell's business to Sunside Acquisitions Ltd. [3] As part of the transaction, Heineken agreed to merge its investments in Heineken South Africa, Namibia Breweries and operations in Kenya, Uganda, Tanzania, Zambia, Botswana, Zimbabwe and South Sudan into the new entity. [4]
The Ohlsson's Cape Breweries was a South African brewing company located in Newlands, Cape Town. [1] It was founded around 1881 by a Swedish immigrant and industrialist, Anders Ohlsson. [2] Ohlsson's was bought out by Castle Breweries and merged to form South African Breweries in 1956.
Distell Group Limited, commonly referred to as Distell, was a multinational brewing and beverage company, based in South Africa. On April 26, 2023, Distell was acquired by Heineken . [ 3 ] After that, its operations were integrated into Heineken Beverages , a company created by the merger of its South African unit, Distell, and the African ...