Heineken to acquire Distell and Namibia Breweries for $4.6bn.

Heineken, a Dutch brewer, agreed to acquire Distell, a producer and marketer of alcoholic beverages, and Namibia Breweries, beverage manufacturing company, for $4.6bn. “We are very excited to bring together three strong businesses to create a regional beverage champion, perfectly positioned to capture significant growth opportunities in Southern Africa. Distell is a highly regarded, resilient business with leading brands, a talented workforce and a strong track record of innovation and growth in Africa. With NBL, there are exciting opportunities to expand premium beer and cider in Namibia and grow the iconic Windhoek brand beyond its home market. Today’s announcement is a vote of confidence in the long-term prospects of South Africa and Namibia and we commit to being a strong partner for growth and to make a positive impact in the communities in which we operate.” Dolf van den Brink, Heineke Chairman and CEO. 09/09/2022 South Africa approves Heineken's takeover of Distell with conditions