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SABMiller invests $250m for future growth in Angola

SABMiller plc announces that in 2009 it will open a new $125m brewery and sparkling soft drinks (SSD) plant in Angola to support the country’s growing demand for beverages.

The company will have invested approximately $250m in upgrading or building new facilities across Angola in 18 months.

SABMiller plc

sabmiller_hansa

Hansa Pilsner – the beer from South African subsidiary portfolio

Production of clear beer will begin at the new greenfield brewery in Luanda in northern Angola in October 2009.

Mark Bowman, Managing Director for SABMiller Africa, says “SABMiller remains positive about the potential of the Angolan market and in conjunction with our partners, we are continuing to invest in what will be a bright future for the business. Angola’s economy has held up well during the global economic crisis and our team on the ground has risen to the challenges posed by supply chain and infrastructural constraints.”

via Official Press Release

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