SABMiller to Begin Construction of New $40 Million Brewery
SABMiller is to invest $40 million in a new 260,000 hectolitre brewery in Namibia as part of its strategy to expand its operations across Africa. The company expects to break ground on the new site in early April this year and the brewery is expected to be operational in the latter half of 2014.
The brewery will be designed to accommodate future growth and capacity expansion. In addition, the company plans to invest in a returnable bottle packaging line and warehousing facilities.
SABMiller has a long history in Namibia, having imported beers fromSouth Africato service the local market for more than two decades. The company has an estimated 22% of the local market, with popular brands including Castle Lager, Carling Black Label and Castle Lite. These will be brewed on the new site in Okahanjda.
In 2010, SABMiller announced the establishment of SABMiller Nambia to house its operations in Namibia. The entity reports as part of South Africa Breweries (SAB), SABMiller’s wholly-owned South African business. SABMiller Namibia is 60% owned by SAB and 40% by local Namibian partners.
