Heineken to take over Ethiopian breweries

The Ethiopian government says Heineken is its preferred bidder to take over two formally state-owned breweries, the Dutch beer group said on Thursday.

Heineken has offered €57m for the Bedele brewery and €52.4m for Harar. The two have combined local market share of 18%.
Heineken sees Ethiopia as an important growth market because its population is expanding and it is stable politically.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation