Intafact Beverages Limited

Intafact Beverages Limited is a Nigerian brewing company based in Onitsha, Anambra State. Its principal business is the production of beer and malt beverages for the Nigerian market. The company became associated with the expansion of modern brewing capacity in southeastern Nigeria after SABMiller made an initial investment of more than US$100 million in an Onitsha brewery. The facility was commissioned on 30 August 2012. The brewery was designed to serve a broad beverage portfolio rather than a single beer label. Products associated with its production include Hero Lager, Budweiser, Castle Milk Stout, Grand Malt and Beta Malt. The portfolio therefore spans mainstream lager, stout and non-alcoholic malt drinks. Castle Milk Stout is identified with an alcohol strength of 6% ABV, while Grand Malt and Beta Malt are non-alcoholic offerings. In 2013, the company became the subject of a public ownership controversy in Anambra State. Reports concerned the issue of shares to Next International, a company associated with then-governor Peter Obi, and alleged that state funds amounting to 2 billion naira had been invested for a 10% stake in the brewery. The available reference material records the controversy but does not establish a final legal or regulatory finding in the supplied sources. In 2014, a decision was reported to invest US$110 million in expanding the brewery. The planned project was intended to raise annual production capacity from approximately 700,000 hectolitres to 2.1 million hectolitres. This represented a threefold increase in stated capacity and reflected the strategic importance of the Onitsha operation within the Nigerian beer market. Since 15 December 2017, Intafact Beverages Limited has been a subsidiary of International Breweries Plc. The available material does not provide a separate current corporate website, a complete ownership structure, current management roster or detailed financial statements for Intafact itself. The company is best understood as a Nigerian brewing operating company and production site within the International Breweries group, with a portfolio covering beer and non-alcoholic malt beverages.

Intafact Beverages Limited is a brewing company located in Onitsha, Anambra State, Nigeria. Its development is linked to the establishment of a substantial modern brewery in southeastern Nigeria and to investment associated with SABMiller. The initial investment was reported to exceed US$100 million, indicating a large-scale industrial project rather than a small regional brewing operation. The Onitsha brewery was commissioned on 30 August 2012. The facility was established to produce several beverage categories for the Nigerian market. Its associated brands included Hero Lager, Budweiser, Castle Milk Stout, Grand Malt and Beta Malt. This mix combined lager and stout with non-alcoholic malt beverages, allowing the operation to address both alcoholic and non-alcoholic consumption occasions. Castle Milk Stout was identified as a 6% ABV product, while Grand Malt and Beta Malt were described as non-alcoholic. In August 2013, the company became involved in an ownership-related controversy. Reports concerned the issue of shares to Next International, a company owned by or associated with Peter Obi, who was then governor of Anambra State. It was also reported that 2 billion naira in state funds had been invested for a 10% stake in the brewery. The supplied reference material records these allegations as a controversy but does not provide enough information to determine the outcome of any investigation, court proceeding or regulatory review. A major expansion decision followed in 2014. The reported plan called for an investment of US$110 million to increase annual production capacity from 700,000 hectolitres to 2.1 million hectolitres. The planned capacity increase would have tripled the brewery's stated annual output capability and supported wider distribution of its beverage brands in Nigeria. No additional project-completion date or independently reported final capacity is available in the supplied material. The company's corporate position changed on 15 December 2017, when it became a subsidiary of International Breweries Plc. This placed the Onitsha brewing operation within the International Breweries corporate structure. The available reference does not identify a separate founder, current managing director, executive team, standalone listing or current financial results for Intafact. It also does not provide a dedicated corporate website. On the available evidence, Intafact is a Nigerian production and operating company focused on beer, stout and malt beverages, with its identity closely connected to the Onitsha brewery and to the wider International Breweries group.

• 2017

  Subsidiary of International Breweries Plc

  [1]Intafact Beverages Limiteden.wikipedia.org

  Intafact Beverages Limited became a subsidiary of International Breweries Plc on 15 December 2017.

• 2014

  Brewery expansion announced

  [1]Intafact Beverages Limiteden.wikipedia.org

  A reported US$110 million investment was intended to increase annual capacity from 700,000 to 2.1 million hectolitres.

• 2013

  Ownership controversy reported

  [1]Intafact Beverages Limiteden.wikipedia.org

  Reports raised questions about a share issue to Next International and an alleged investment of 2 billion naira in state funds for a 10% stake in the brewery.

• 2012

  Onitsha brewery commissioned

  [1]Intafact Beverages Limiteden.wikipedia.org

  The brewery associated with Intafact Beverages was commissioned in Onitsha on 30 August 2012 after an initial SABMiller investment reported to exceed US$100 million.

A Nigerian brewery serving the mass-market beer and malt-beverage segments through a portfolio of lager, stout and non-alcoholic malt products.

• Lager beer

  Hero Lager

  A lager brand produced by the Onitsha brewery and associated with Intafact's Nigerian beer portfolio. The supplied material does not specify its launch date, formulation, packaging or current distribution.

• Lager beer

  Budweiser

  An international lager brand listed among the products produced by the Intafact brewery. The available reference does not specify the precise production arrangement, local launch date or current market status.

• Stout

  Castle Milk Stout

  A stout produced for the brewery's Nigerian portfolio. The available reference identifies the product as having an alcohol strength of 6% ABV but gives no further information about packaging, distribution or launch history.

• Non-alcoholic malt beverage

  Grand Malt

  A non-alcoholic malt beverage listed among the drinks produced by the Onitsha operation. The supplied source does not provide detailed product specifications or a separate brand history.

• Non-alcoholic malt beverage

  Beta Malt

  A non-alcoholic malt drink associated with Intafact's production portfolio. No launch date, formulation details or current distribution information is provided in the available material.

• 2013

  Reported Anambra State shareholding controversy

  In August 2013, reports questioned the issue of shares to Next International, a company associated with then-Anambra governor Peter Obi. The reports further alleged that 2 billion naira of state funds had been invested for a 10% stake in the brewery. The supplied source does not establish a final legal or regulatory conclusion.

  Source

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• 2017

  Integration into International Breweries PlcM&A

  Background

  Intafact's corporate ownership changed as the company became part of International Breweries Plc.

  Action taken

  From 15 December 2017, Intafact Beverages Limited operated as a subsidiary of International Breweries Plc.

  Aftermath

  The Onitsha brewing operation became part of the International Breweries corporate structure.

  Source

• 2014

  Increase Onitsha brewery capacityStrategy

  Background

  The brewery was reported to have annual capacity of approximately 700,000 hectolitres, and the business planned a substantial expansion of its production capability.

  Action taken

  A US$110 million investment was reported to be intended to raise annual capacity to 2.1 million hectolitres.

  Aftermath

  The supplied material does not confirm the completion date or final achieved capacity of the expansion.

  Planned brewery expansion investment. (2014)

  Source

1. 1Intafact Beverages Limiteden.wikipedia.org