The AB InBev-owned brewer is expanding its Beyond Beer portfolio as ready-to-drink beverages gain momentum across African markets.
The $2.3 billion transaction clears a key regulatory hurdle, with EABL remaining listed in Kenya, Uganda and Tanzania after the proposed ownership change.
IWSR forecasts 2% annual growth through 2035, with RTDs, spirits and agave products gaining momentum amid affordability pressures and strong local production.
Higher productivity and lower production costs lifted Zambian Breweries’ gross and operating profits despite rising finance costs and demand pressures.
Sampath brings more than 26 years of international executive experience as Champion Breweries enters a new phase of operational and commercial growth.