Category Archives: Namibia Breweries

Namibia Breweries

Namibia Breweries is set to acquire 25% stake in Sedibeng Brewery and further stake in DHN Drinks for N$610 million.

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NBS will buy Diageo’s 25% stake in Sedibeng, while Heineken will retain their current 75%. Diageo will sell their 42.25% interest in shares of DHN to Heineken and NBS on same terms so they will thereafter each hold shares in DHN in proportions 75%, 25% respectively. Total consideration payable by NBS to Diageo for shares in Sedibeng and DHN is R610 million.