Nigerian Breweries Plc Revenue and Competitors

Lagos,

Location

N/A

Total Funding

Food

Industry

Estimated Revenue & Valuation

  • Nigerian Breweries Plc's estimated annual revenue is currently $2.5B per year.(i)
  • Nigerian Breweries Plc's estimated revenue per employee is $378,000

Employee Data

  • Nigerian Breweries Plc has 6735 Employees.(i)
  • Nigerian Breweries Plc grew their employee count by 7% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$14.6M609%N/AN/A
#2
$15.8M653%N/AN/A
#3
$29.7M1105%$184.4MN/A
#4
$64.4M21736%N/AN/A
#5
$17M703%N/AN/A
#6
$24.8M925%N/AN/A
#7
$52.9M17811%N/AN/A
#8
$21.1M780%N/AN/A
#9
$63.6M2145%N/AN/A
#10
$14.8M617%N/AN/A
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What Is Nigerian Breweries Plc?

We are proudly Nigeria's pioneer and largest Brewing firm. Our company was incorporated in 1946 and in June 1949, we recorded a landmark when the first bottle of STAR lager beer rolled off our Lagos Brewery bottling lines. In 1957, we commissioned our second brewery in Aba. In 1963 we commissioned our Kaduna Brewery while Ibadan Brewery came on stream in 1982. In 1993, we acquired our fifth brewery in Enugu. A sixth brewery, sited at Ama-eke in 9th Mile, Enugu was commissioned and christened Ama Brewery in October 2003. Ama Brewery is today the biggest and most modern brewery in Nigeria. In October 2011, our company bought majority equity interests in Sona Systems Associates Business Management Limited, (Sona Systems) and Life Breweries company Limited from Heineken N.V. This followed Heineken's acquisition of controlling interests in five breweries in Nigeria from Sona Group in January 2011. Sona Systems' two breweries in Ota and Kaduna, and Life Breweries in Onitsha have now become part of Nigerian Breweries Plc, together with the three brands: Goldberg lager, Malta Gold and Life Continental lager. In 2014, we got approval from the Securities and Exchange Commission and the respective shareholders of both Nigerian Breweries Plc and Consolidated Breweries Plc to merge the operations of both companies. The merger became final on December 31, 2014 Following the successful merger, we now have three additional breweries in Ijebu-Ode, Ogun State, Awo-Omamma in Imo State and Makurdi in Benue State. The merger also brought an additional seven brands into our portfolio. Thus, from that humble beginning in 1946, our company has now grown into a Brewing Company with 11 breweries, 2 malting plants and 26 Sales depots from which our high quality products are distributed to all parts of Nigeria.

keywords:N/A

N/A

Total Funding

6735

Number of Employees

$2.5B

Revenue (est)

7%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Nigerian Breweries Plc News

2022-04-20 - NB Plc commences N56 billion Ama Brewery Expansion

From Geoffrey Anyanwu, Enugu. As part of its commitment to winning with Nigeria, the Nigerian Breweries Plc. has commenced the expansion of...

2022-04-20 - Nigerian Breweries to Invest N56bn on Ama Brewery Expansion

Gideon Arinze. The Nigerian Breweries Plc has disclosed plan to spend a total of N56 billion on the expansion of its Ama Brewery facility in...

2022-04-20 - Nigerian Breweries paid N416bn in taxes since 2016 – Board chair

The Nigerian Breweries Plc has paid N416 billion since 2016 to become the highest tax-paying firm in the manufacturing industry in Nigeria,...