Tuesday 24 April 2018

Heineken to open $100m brewery in Mozambique in 2019

The world's second-largest brewer plans to start production at the 0.8 million hectoliters capacity plant in the capital Maputo in the first half of 2019 Stock picture
The world's second-largest brewer plans to start production at the 0.8 million hectoliters capacity plant in the capital Maputo in the first half of 2019 Stock picture
Independent.ie Business Desk

Independent.ie Business Desk

Heineken will open a $100m brewery in Mozambique, its first production facility in the southern African nation.

The world's second-largest brewer plans to start production at the 0.8 million hectoliters capacity plant in the capital Maputo in the first half of 2019, it said in a statement.

Heineken, which also brews Amstel and Sagres, opened a marketing office in Mozambique last year, importing products to compete in a market where AB Inbev's 2M is entrenched.

AB Inbev last year took over SABMiller, gaining a brewery in Mozambique among a host of assets worldwide.

"We are delighted to enter Mozambique, where we see promising long-term economic perspectives," said Heineken's managing director for East and West Africa Boudewijn Haarsma.

Heineken built a brewery in neighbouring South Africa less than a decade ago after ending a deal with SABMiller for brewing Amstel beer.

Reuters

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