Intafact Beverages Limited

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

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.[2]

SABMiller made an initial investment of over US$100m in the Onitsha brewery which was commissioned on 30 August 2012.[3] 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.

Brands

The brewery produces for brands including Hero Lager, Budweiser, Castle Milk Stout (6%ABV), Grand Malt (non-alcoholic) and 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.[4] It is also reported that he invested 2 billion Naira of the state money for a 10% stake in the brewery.

See also

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. ^ Anudu, Odinaka (2019-02-25). "International Breweries shows grit amid competition". Businessday NG. Retrieved 2023-06-11.
  3. ^ "Africa News". m.news24.com. Retrieved 2017-08-30.
  4. ^ Elombah.com. "Drama: PDP Senators stage walk-out over defection of Senator Omogunwa". elombah.com. Archived from the original on 2014-02-02. Retrieved 2017-08-30.


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