Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Banner Left
Banner Right

NBL in big new venture

NBL in big new venture

NAMIBIA Breweries Limited (NBL), Diageo plc and Heineken International BV announced last week that they had reached an agreement to form a new joint venture for their combined beer and cider businesses in South Africa, to be called DHN Drinks (Pty) Limited.

The new joint venture builds on the success of Brandhouse Beverages (Pty) Limited, the parties’ current cost-sharing joint venture in South Africa which was formed in July 2004. NBL will own 15,5 per cent while Diageo and Heineken will each own 42,25 per cent of DHN Drinks.Each party will share in the profits of DHN Drinks in proportion to their shareholding.Brandhouse will continue to market and distribute the parties’ products in South Africa.The transaction, which is subject to regulatory approval, is expected to be completed on March 31.In addition, Diageo and Heineken have also reached agreement on the terms of a second joint venture to construct and operate a new brewery and bottling plant in Gauteng province, South Africa.Heineken will own 75 per cent and Diageo will own 25 per cent of this company, which will produce Amstel and certain other key brands.Namibia Breweries Limited’s Chairman, Sven Thieme, expressed his delight about the intensified relationship with Heineken and Diageo saying: “Following the successful establishment of Brandhouse in 2004, we have as a next step, put our brands together so as to maximise the mutual benefits of a joint portfolio of premium products.For us this investment means that NBL now has a tangible commercial interest in the sales and distribution of all brands that are part of this new profit sharing venture.”Stuart Fletcher, President Diageo International said: “The decision by Diageo, Heineken and Namibia Breweries to commit to a closer relationship in South Africa reflects the success of Brandhouse and acknowledges the changing nature of the beverage alcohol market in South Africa “We have already demonstrated that a combined beverage alcohol distribution company can capitalise on the growth opportunities in markets such as South Africa and the new structure will enable us to realise further growth opportunities as a result of the strong platform we will create together.”Heineken’s Regional President Africa and the Middle East, Tom de Man, commented: “With Africa Heineken’s fastest growing region, with the Heineken brand growing 70 per cent in South Africa and Amstel very clearly still a favourite with South African consumers, there is no better time to invest in growth.Our three businesses already have a strong, successful partnership and I am excited about the new opportunities that the combination of our brands and local brewing will create.”NBL will own 15,5 per cent while Diageo and Heineken will each own 42,25 per cent of DHN Drinks.Each party will share in the profits of DHN Drinks in proportion to their shareholding.Brandhouse will continue to market and distribute the parties’ products in South Africa. The transaction, which is subject to regulatory approval, is expected to be completed on March 31.In addition, Diageo and Heineken have also reached agreement on the terms of a second joint venture to construct and operate a new brewery and bottling plant in Gauteng province, South Africa.Heineken will own 75 per cent and Diageo will own 25 per cent of this company, which will produce Amstel and certain other key brands.Namibia Breweries Limited’s Chairman, Sven Thieme, expressed his delight about the intensified relationship with Heineken and Diageo saying: “Following the successful establishment of Brandhouse in 2004, we have as a next step, put our brands together so as to maximise the mutual benefits of a joint portfolio of premium products.For us this investment means that NBL now has a tangible commercial interest in the sales and distribution of all brands that are part of this new profit sharing venture.”Stuart Fletcher, President Diageo International said: “The decision by Diageo, Heineken and Namibia Breweries to commit to a closer relationship in South Africa reflects the success of Brandhouse and acknowledges the changing nature of the beverage alcohol market in South Africa “We have already demonstrated that a combined beverage alcohol distribution company can capitalise on the growth opportunities in markets such as South Africa and the new structure will enable us to realise further growth opportunities as a result of the strong platform we will create together.”Heineken’s Regional President Africa and the Middle East, Tom de Man, commented: “With Africa Heineken’s fastest growing region, with the Heineken brand growing 70 per cent in South Africa and Amstel very clearly still a favourite with South African consumers, there is no better time to invest in growth.Our three businesses already have a strong, successful partnership and I am excited about the new opportunities that the combination of our brands and local brewing will create.”

Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!

Latest News