Intafact Beverages Limited

6°07′38.2″N 6°45′54.6″E Intafact Beverages Limited is a brewing company based in Onitsha, Anambra State, Nigeria.[1] Since 15 December 2017, it is a subsidiary of International Breweries Plc.[2]

Intafact Beverages Limited
IndustryBrewing
PredecessorIntafact Properties
FoundedOnitsha, Nigeria (December 22, 1971 (1971-12-22))
Headquarters
Onitsha, Anambra State
,
Nigeria
Number of locations
1 Brewery (Onitsha)
ProductsBrewing of Beer and Non-alcoholic Malt drinks
OwnerSABMiller
Number of employees
300

SABMiller made an initial investment of over US$100m in the Onitsha brewery which was commissioned on 30 August 2012.[3] In 2014 a decision was made to invest US$110 million to increase the current annual capacity from 700 000 to 2.1 million hectolitres.

Brands

The brewery produces for brands including Hero Lager, Budweiser, Castle Milk Stout (6%ABV), Grand Malt (non-alcoholic) and Beta Malt (non-alcoholic).

Ownership controversy 2013

A controversy arose in August 2013 about the issue of shares to Next International a company owned by the Anambra state governor. There is little evidence to back this claim however as Obi has since been found to have sold his shares in Next International before assuming office as governor. As for the Anambra state investment, he stated clearly that it is the state government that owns the shares and not Obi in any capacity at all. Peter Obi.[4] It is also reported that he invested 2 billion Naira of the state money for a 10% stake in the brewery.

See also

References
  1. "Company Overview of Intafact Beverages Limited". Bloomberg. Retrieved 2018-12-16. Intafact Beverages Limited produces and markets beer, Hero Lager. The company is based in Onitsha, Nigeria.
  2. Anudu, Odinaka (2019-02-25). "International Breweries shows grit amid competition". Businessday NG. Retrieved 2023-06-11.
  3. "Africa News". m.news24.com. Retrieved 2017-08-30.
  4. Elombah.com. "Drama: PDP Senators stage walk-out over defection of Senator Omogunwa". elombah.com. Retrieved 2017-08-30.


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