Brewing company based in Johannesburg, South Africa
The South African Breweries Limited
Company type
Subsidiary
Industry
Consumer goods
Founded
1895 (Johannesburg)
Headquarters
Johannesburg
,
South Africa
Area served
Southern Africa
Products
Beer, soft drinks
Number of employees
Approximately 9,400[1]
Parent
Anheuser-Busch InBev SA/NV
Website
www.sab.co.za
South African Breweries (officially The South African Breweries Limited, informally SAB) is a major brewery headquartered in Johannesburg, South Africa and was a wholly owned subsidiary of SABMiller until its interests were sold to Anheuser-Busch InBev on 10 October 2016.[2] South African Breweries is now a direct subsidiary of Anheuser-Busch InBev SA/NV.[3][4]
The company that is now South African Breweries was founded in 1895 as Castle Brewery to serve a growing market of miners and prospectors in and around Johannesburg. Two years later, it became the first industrial company to list on the Johannesburg Stock Exchange and the year after (1898) it listed on the London Stock Exchange.[5] In 1950, SAB relocated its headquarters and control from London to South Africa.[5] In 1955, Castle Brewing purchased the Ohlsson's and Chandlers Union breweries, and the group was renamed South African Breweries.
From the early 1990s onward, the company increasingly expanded internationally, making several acquisitions in both emerging and developed markets. In 1999, it formed a new UK-based holding company, SAB plc, and moved its primary listing to London. In May 2002, SAB plc acquired Miller Brewing, forming SABMiller plc.
On 10 October 2016, Anheuser-Busch InBev acquired SABMiller for £69 billion (US$107 billion at the time the deal closed).[6] The arrangement had been approved by shareholders of both companies on 28 September 2016, and the deal closed on 10 October 2016.[7][8] The acquisition ended the corporate use of the name SABMiller. After the deal closed, the new company's name changed slightly, to Anheuser-Busch InBev SA/NV (abbreviated as AB InBev); it is trading as ABI on the Brussels Stock Exchange, as BUD on the New York stock exchange and as ANH on the Johannesburg market.[9] SABMiller ceased trading on global stock markets.[10]
^"Corporate Brochure". The South African Breweries Ltd. Archived from the original on 12 September 2011. Retrieved 5 December 2011.
^"SABMiller says Heineken calls time on Amstel licence". Reuters. 13 March 2007. Retrieved 5 December 2011.
^"Company Overview of SABMiller Limited". Bloomberg L.P. 14 November 2016. Retrieved 4 February 2017. The company was formerly known as South African Breweries plc and changed its name to SABMiller plc in July 2002.
^"Company Overview of SABMiller Limited". Bloomberg L.P. 14 November 2016. The company was formerly known as South African Breweries plc and changed its name to SABMiller plc in July 2002.
^ ab"SABMiller - Investors - Understanding SABMiller - Heritage". Archived from the original on 2 February 2013.
^"AB InBev, SABMiller clink glasses for £69-b deal". Business Line.
^Mickle, Tripp (28 September 2016). "SABMiller, AB InBev Shareholders Approve $100 Billion-Plus Merger". The Wall Street Journal. ISSN 0099-9660. Retrieved 29 September 2016.
^Brown, Lisa (11 October 2016). "A-B InBev finalizes $100B billion acquisition of SABMiller, creating world's largest beer company". Chicago Tribune. Chicago. Retrieved 29 January 2017.
^"Stocks - Anheuser Busch Inbev NV (ABI.BR)". Reuters Business. 27 January 2017. Archived from the original on 24 September 2015. Retrieved 1 February 2017. ABI.BR on Brussels Stock Exchange
^"SAB:LN Ticker Delisted". Bloomberg L.P. 11 October 2016. Retrieved 2 February 2017.
and 21 Related for: South African Breweries information
with SouthAfricanBreweries International and agreed to terms for share swap in their subsidiaries: Kenya Breweries Limited and Tanzania Breweries Limited...
Kinizsi, Balatoni Világos and Paracelsus brands. Dreher Brewery was owned by the SouthAfricanBreweries since 1993, and subsequently by SABMiller since 2002...
Asahi Breweries Europe Ltd since March 2017. In 1996, the SouthAfricanBreweries purchased Vulturul Buzau. A year later, SouthAfricanBreweries acquired...
6-litre African average and the global average of 22 litres. Today, SouthAfricanBreweries (SAB) controls the vast majority of the SouthAfrican beer market...
is a SouthAfrican pale lager. It is the flagship product of SouthAfricanBreweries and has been recognised as the National Beer of SouthAfrica [citation...
pride highlighted in the late 1990s when East AfricanBreweries waged a marketing war against Castle Breweries, a subsidiary of international brewing giant...
for the creation of Castle. It later merged with other breweries to form SouthAfricanBreweries, which still later merged with Miller of the United States...
SouthAfrica is the southernmost country in Africa. It is the 25th-largest country in the world by land area, and with close to 60 million people, is the...
SouthAfricanBreweries International (Finance) BV t/a Sabmark International and Another is a landmark decision of the Constitutional Court of South Africa...
Tanzania Breweries Limited, also referred to as TBL, is the oldest and largest brewing company in Tanzania. Tanzania Breweries Limited is a Tanzania based...
Ohlthaver acquired four small breweries with financial difficulties. The breweries were merged under the name South West Breweries Limited (SWB). In March 1990...
the Southern Sun Hotel Company was created when South African Breweries and SouthAfrican businessman Sol Kerzner joined forces. By 1983, Southern Sun...
The SouthAfrica men's national soccer team represents SouthAfrica in men's international soccer and it is run by the SouthAfrican Football Association...
SouthAfrican Airways (SAA) is the flag carrier of SouthAfrica. Founded in 1934, the airline is headquartered in Airways Park at O. R. Tambo International...
sold. The company was acquired by Canadian Breweries, renamed Carling O'Keefe, and merged with the Molson Brewery, which then merged with Coors to form Molson...
The SouthAfrican Broadcasting Corporation (SABC) is the public broadcaster in SouthAfrica, and provides 19 radio stations (AM/FM) as well as six television...
Guinness. Castle Brewery was founded in Johannesburg in 1894. It later merged with other breweries to form SouthAfricanBreweries (SAB) which subsequently...
1963 – Started as Northern Breweries Limited, a private company formed by SouthAfricanBreweries (SAB-80%) and Labatt Breweries of Canada (20%). Started...