A company incorporated by South African Breweries (SAB - 80%) and Labatt Breweries of Canada(20%) with operations in Ndola and Lusaka.
Its new ownership consists of state-owned Industrial Development Company (INDECO - 55%), ZAMIC, a subsidiary of the Anglo-American Corporation (25%) and Labbat Breweries of Canada (20%).
Labatt sells its 20% to INDECO.
The Company’s assets and liabilities are split into two newly incorporated companies: Lusaka Division became Lusaka Breweries Limited and later Zambian Breweries Limited assuming all assets & liabilities including the Mosi Lager Trademark. While the Northern Division became Northern Breweries Limited assuming all assets and liabilities including the Rhino Lager SAB Miller acquires shares in Zambian Breweries Limited.
SABMiller acquires an additional 45% of Zambian Breweries and assumes management control.
Zambian Breweries Plc is listed on the Lusaka Stock Exchange (LUSE).
Zambian Breweries acquires 100% of the shares of Northern Breweries.
Zambian Breweries Plc acquires Zambia Bottlers, the Coca-Cola Franchise bottler for Zambia with bottling plants in Ndola and Lusaka.
In October 2016 ABInBev purchased SABMiller and Zambian Breweries welcomes a new corporate culture centred on its parent’s global Dream “to bring people together for a better world through our products, brands, and investment in our communities.
Our shared heritage, passion for brewing and commitment to quality will allow us to achieve more together than we could apart. We are building a company to last – not just for a decade, but for the next 100 years. – Make more prominent, perhaps as a banner with an image in the background