The reported transaction comes as Stonegate reviews its pub portfolio while pursuing a broader estate transformation and debt reduction strategy.
The project will replace heavy fuel oil with green electricity at Kilinto Brewery, supporting Heineken Ethiopia’s goal of reducing emissions and strengthening local production.
The new brewery will retain Eichhof production in Lucerne while higher-volume brewing shifts to Chur as Heineken modernises its Swiss manufacturing footprint.
Heineken reported strong growth in Asia, Africa and the Middle East while maintaining its full-year outlook amid ongoing economic uncertainty.
Former JDE Peet’s chief Rafael Oliveira will lead Heineken from October as the brewer advances its EverGreen 2030 strategy and strengthens growth across key markets.