Intafact Beverages Limited

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

  • List of beer and breweries in Nigeria

References

  1. Company Overview of Intafact Beverages Limited Bloomberg, retrieved 2018-12-16^
  2. Odinaka Anudu. International Breweries shows grit amid competition BusinessDay, 2019-02-25, 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, retrieved 2017-08-30^