Intafact Beverages Limited

From Wikipedia, the free encyclopedia
INTAFACT BEVERAGES LIMITED
IndustryBrewing
PredecessorIntafact Properties
FoundedOnitsha, Nigeria (December 22, 1971 (1971-12-22))
Headquarters
Onitsha, Anambra State
,
Nigeria
Number of locations
1 Brewery (Onitsha)
ProductsBrewing of Beer and Non-alcoholic Malt drinks
OwnerSABMiller
Number of employees
300

Coordinates: 6°07′38.2″N 6°45′54.6″E / 6.127278°N 6.765167°E / 6.127278; 6.765167 Intafact Beverages Limited is a brewing company based in Onitsha, Anambra State, Nigeria.[1]

Since 15 December 2017, it is a subsidiary of International Breweries Plc.

SABMiller made an initial investment of over US$100m in the Onitsha brewery that was commissioned on 30 August 2012.[2]

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. The capacity upgrade was due to be completed in 2015.

Brands[]

The brewery produces brands including

  • Hero Lager
  • budweiser
  • Castle Milk Stout (6%ABV)
  • Grand Malt (non-alcoholic)
  • Beta Malt (non-alcoholic)

Ownership controversy 2013[]

A controversy arose in August 2013 about the issue of shares to Next International a company owned by the Anambra state governor Peter Obi.[3] It is also reported that he invested 2 billion Naira of the state money for a 10% stake in the brewery.

See also[]

  • List of beer and breweries in Nigeria

References[]

  1. ^ "Company Overview of Intafact Beverages Limited". Bloomberg. Retrieved 2018-12-16. Intafact Beverages Limited produces and markets beer, Hero Lager. The company is based in Onitsha, Nigeria.
  2. ^ "Africa News". m.news24.com. Retrieved 2017-08-30.
  3. ^ Elombah.com. "Drama: PDP Senators stage walk-out over defection of Senator Omogunwa". elombah.com. Retrieved 2017-08-30.
Stub icon

This Nigerian corporation or company article is a stub. You can help Wikipedia by .

  • v
  • t
Retrieved from ""