International Breweries PLC
International Breweries Plc was incorporated in December 1971 by its founder and first Chairman, Dr. Lawrence Omole under the name International Breweries Limited. The Company commenced production of its flagship product Trophy Lager in December 1978 with an installed capacity of 200,000 hectoliters per annum.
Following the increasing demand for its products, in December 1982 the Company embarked on an expansion programme to increase its capacity to 500,000 hectoliters annually. The company was listed on the floor of the Nigerian Stock Exchange in April 1995.
In 2008 the Warsteiner Group sold its majority shareholding to the Castel Group and in January 2012 SABMiller Plc entered into a strategic alliance with the Castel group. During this period, significant investment was made which transformed the company and provided it with a solid foundation for growth and profitability. Starting with just two brands, Trophy Lager and Betamalt the Company has since 2010 introduced Grand Malt, grand lager, Hero Lager, Castle Milk Stout, Castle Lite, Redds, Eagle lager, Eagle Stout and most recently the introduction of premium brands like Budweiser.
In 2017 the Company through a scheme of merger sanctioned by the Federal High Court, merged with Intafact Beverages Limited and Pabod Breweries Limited (companies with similar objects) in other to provide for the optimization of efficiencies, leverage on economies of scale and ensure shareholder value creation amongst others.
This has increased our production facilities apart from ilesa, to Port Harcourt, Onitsha and Ogun State with corporate headquarters of the Company in Lagos.
In addition, the Company operates depots in Ibadan, Lagos, Port Harcourt, Abuja, Benin and Ilorin to facilitate the re-distribution of its products in the wider urban area.
With the new strategy position and increasing portfolio of local and world class beverages, International Breweries PLC is fully positioned to satisfy increasing consumer demand and poised to be the leading brand in Nigeria delivering superior returns for shareholders.