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South African Breweries (officially The South African Breweries Limited, informally SAB) is a major brewery headquartered in Johannesburg, South Africa and was a wholly owned subsidiary of SABMiller until its interests were sold to Anheuser-Busch InBev on 10 October 2016. [2]
The Canarias Brewery was formed in 1994 from the merger of two Canary Island breweries, CCC and SICAL, both of whom had been established at the start of the 20th century. [14] The brewery produces the beers Dorada and Tropical, [ 15 ] and brews under licence various global beers such as Carlsberg , Pilsner Urquell and Guinness .
Since 15 December 2017, it is a subsidiary of International Breweries Plc. [2] SABMiller made an initial investment of over US$100m in the Onitsha brewery which was commissioned on 30 August 2012. [3] In 2014 a decision was made to invest US$110 million to increase the current annual capacity from 700 000 to 2.1 million hectolitres.
Before acquiring SAB Miller, AB InBev had agreed to sell its interests in Snow to China Resources Beer (Holdings) Co for $1.6 billion to satisfy regulators. The deal closed on 12 October 2016. [12] SABMiller was the second-largest brewer in India and had joint ventures in Vietnam and Australia.
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Anheuser-Busch InBev SA/NV (abbreviated as AB InBev) is the largest beer company in the world. [citation needed] It had 200 brands prior to the merger with SABMiller on October 10, 2016. [1] The combined ABInBev/SAB Miller entity has approximately 400 beer brands as of January 2017. [2] [3]
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The new beer soon became popular amongst the prospectors of the gold rush, and in 1889 one of Johannesburg's early newspapers, The Digger's News, declared it "a phenomenal success." In 1895, on the success of Castle Lager, South African Breweries (SAB) was founded, with its head office being the Castle Brewery.