Heineken completes Distell and Namibia Breweries acquisition
Heineken has acquired Distell and Namibia Breweries in a deal that combines them to create a new business arm named Heineken Beverages.
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Heineken has acquired Distell and Namibia Breweries in a deal that combines them to create a new business arm named Heineken Beverages.
Amsterdam, 26 April 2023 - HEINEKEN N.V. ('HEINEKEN') (EURONEXT: HEIA; OTCQX: HEINY) has announced the completion of its acquisition of Distell Group Holdings Limited ('Distell') and Namibia Breweries
The brewing giant, which recently bought South African spirits producer Distell, plans to build a new brewery and malting plant. Brewing group
In line with competition authority's capital investment demands when greenlighting the Heineken/ Distell merger.
The South African Competition Tribunal has approved Heineken's offer to acquire control of Distell Group Holdings Limited.