SABMiller
File:SABMiller logo.png | |||||||||||
Location | London, England, UK | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Opened | 1895 | ||||||||||
Annual production volume | 216 million hectolitres | ||||||||||
Active beers | |||||||||||
|
Company type | Public (LSE: SAB, JSE: SAB) |
---|---|
Industry | Brewing |
Founded | 1895 Johannesburg, RSA |
Headquarters | London, England, UK |
Key people | Meyer Kahn, Chairman Graham Mackay, CEO |
Revenue | US$18,620 million (2007) |
US$3,027 million (2007) | |
US$1,883 million (2007) | |
Number of employees | 67,000 (2007) |
Website | http://www.sabmiller.com |
SABMiller (South African Breweries - Miller) (LSE: SAB, JSE: SAB,Official site) is one of the world’s largest brewers, with brewing interests and distribution agreements in over 60 countries across six continents.
Six of the company’s brands are in the world’s top 50 beer brands and the group is one of the largest bottlers of Coca-Cola products in the world.
The group reported an annual turnover of $18,620m in 2007, up 22% from $15,307m in 2006.
SABMiller has expanded rapidly from its South African origins, acquiring local brands and brewing operations in Europe, Asia and the Americas.
Founded in South Africa in 1895, the operations of South African Breweries (SAB) were mainly limited to southern Africa until 1990, where it had established a dominant position in the market.
SAB’s first investment in Europe was in 1990 through the purchase of an interest in Compañía Cervecera de Canarias SA in the Canary Islands.
After listing on the London Stock Exchange in 1999 to raise capital for acquisitions, the group purchased the Miller Brewing Company in North America from the Altria Group in 2002, changing its name to SABMiller. Altria Group retains a 28.7% ownership interest in SABMiller.
Following this, the group’s next major acquisition was of a major interest in Bavaria S.A., South America’s second largest brewer and owner of the Aguila and Club Colombia brands in 2005.
In the same year, SABMiller acquired a 29.6% stake in Harbin Brewery, China’s oldest brewer, preparing the group to benefit from growth of the beer category in developing markets.
Ownership
As of May 2007, SABMiller's share ownership by geographical spread was as follows:
- United Kingdom 37%
- Republic of South Africa 31%
- Colombia 15%
- Europe (excluding UK) 8%
- USA 7%
- Rest of the World 2%
Global operations
SABMiller has grown from its original South African base into a global company with operations in both developed markets and in emerging economies such as Eastern Europe, China and India.
The group's brand portfolio, which is weighted towards emerging markets where both demographics and rising per capita consumption figures are encouraging, promise rewarding future growth for the company.[citation needed]
Africa and Asia
SABMiller’s brewing operations in Africa span 31 countries.
In China, the group’s national brand in that country, Snow, is produced in partnership with China Resources Enterprise Limited, is the leading brand by volume in China.
SABMiller is the second-largest brewer in India and has joint ventures in Vietnam and Australia.
The region contributed 12% of the overall group’s earnings before interest, tax and amortisation (EBITDA) in 2007.
Brands include: 2M, Castle Lager, Castle Milk Stout, Eagle, Fosters, Kilimanjaro, Royal Challenge, Snow and Zorok.
South Africa
The group’s most established market to date, sales in South Africa contributed 33% to group EBITA in 2007.
Local subsidiary SAB Ltd’s soft drink division is also the country’s largest producer of products for the Coca-Cola Company.
Brands include: Castle Lager, Castle Milk Stout, Hansa Marzen Gold, Hansa Pilsener, Carling Black Label, Castle Lite, Sterling Lite Lager, Redd’s, Brutal Fruit and Sarita.
Europe
SABMiller’s entry into the European market began in 1995 with the acquisition of Dreher in Hungary. The group’s European operations are mostly centred in the fast developing consumer markets in Eastern-Europe (Hungary, Romania, Poland, Czech Republic and Russia), although there are operations in Italy, France, UK and Germany where it imports its international premium brands.
Brands include: Pilsner Urquell, Nastro Azzurro, Peroni, Tyskie, Ursus, Dreher, Grolsch and Lech.
Latin America
SABMiller first entered the Latin American Market with the acquisition of Cerveceria Hondurena in Honduras, making the company the first international brewer to enter Central America. Since then, the group has expanded its Latin American operations into six countries, including Colombia, El Salvador, Ecuador, Panama and Peru.
Lager brands include: Aguila, Club Colombia, Pilsener, Golden Light, Port Royal, Salva Vida and Balboa.
North America
The USA is the world’s most profitable beer market; SABMiller’s local subsidiary in the region, Miller Brewing Company, headquartered in Milwaukee, Wisconsin, is the country’s second largest brewer.
Miller also produces beer under licence in Canada and distributes in Mexico.
Brands include: Miller Lite, Miller Genuine Draft, Olde English 800, Milwaukee’s Best, and Miller Chill.
On October 9, 2007, SABMiller and Molson Coors Brewing Company announced a joint venture to be known as MillerCoors for their US operations that will market all of their products.
Recent acquisitions
On 19 November 2007 SABMiller announced the acquisition of Royal Grolsch, brewer of the Dutch premium beer brand Grolsch, making it the world's no.1 brewer, according to beer market data specialists Plato Logic. For several years SABMiller have attempted to acquire an international premium beer brand for mature and near-mature markets.
On 12 September 2006 SABMiller acquired a 100% interest in Foster's India for a cash consideration of $127m on a debt-free basis. The transaction saw SABMiller assume ownership of all of Foster's assets in India, including the Foster's Lager brand.
On 25 June 2007 SABMiller announced that its U.S. subsidiary, Miller Brewing Company had entered into a ten-year licensed brewing partnership with Foster's Group Limited to brew the Foster's Lager and Special Bitter brands sold in the U.S from November 2007 forward.
On 08 May 2008 SABMiller announced that it agreed to acquire a 99.84% interest in the Ukrainian brewer CJSC Sarmat. The purchase price was not being disclosed - however the value of the gross assets to be acquired was approximately US$130 million.
Environmental Record
SABMiller runs a number of sustainable development initiatives across its companies and in the countries it operates in. [citation needed]
During 2006-2007
- The ratio of water consumption per hectolitre of beer utilised in production was down 1%.
- The group emitted 12% less carbon dioxide per hectolitre of beer produced.
- 79% of subsidiary SAB Ltd’s beer is sold in returnable containers.
- 94% of all waste is recycled or reused.
SABMiller and several other major corporations will attend "The Green Supply Chain Summit" in June of 2008 in London. The conference put on by Ethical Corporation, will aim issues of carbon footprint, energy and water conservation, and elimination of toxic waste. SABMiller's Head of Suistainable Development Andy Wales stated, "Whether the issue is water, carbon, or packaging, responsible companies are now working with their suppliers to influence the environmental footprint of the entire value chain. This conference brings together leaders in the field to share vision, innovation and progress."[1]
SABMiller along with other UK brewers, have introduced new lightweight bottles that use 30% less glass. The lightweight bottles are designed to not only reduce the amount of waste materials but also cut down on energy used in production and distribution reducing the company's carbon emissions.[2]
Along with their own sustainability reports SABMiller submits to a number of third party annual reports that review the company's environmental record. The corporation provides links to such reports on their own website.[3]
Operations
Subsidiaries
The subsidiaries of SABMiller are listed in the company's 2007 Annual Report, which is in PDF format; the full listings are at Section 32 of the Notes to the Consolidated Financial Statements.
Central operations
- SABMiller Holdings Limited – United Kingdom (Holding Company) 100%
- SABMiller Finance BV- Netherlands (Holding and finance Company) 100%
- SABSA Holdings (Pty) Limited - South Africa (Holding Company) 100%
- SABMiller Africa and Asia BV – Netherlands (Holding Company) 100%
- SABMiller International BV – Netherlands (Trademark Owner) 100%
- SABMiller (Latin America) Ltd – UK (Holding Company) 100%
North American operations
- Miller Brewing Company – USA (Brewing) 100%
- Miller Brewing West Limited Partnership - USA (Brewing) 100%
- Miller Brewing East Inc – USA (Brewing) 100%
- Miller Products Company – USA (Intellectual property/marketing) 100%
- MBC1 LLC – USA (Brewing) 100%
- MBC2 LLC –USA (Brewing) 100%
Latin American operations
- Bavaria S.A. - Colombia (Brewing, carbonated soft drinks and water) 99%
- Cervecería Leona S.A. - Colombia (Brewing) 99%
- Cervecería Uníon S.A. – Colombia (Brewing) 98%
- Union de Cervecerías Peruanas Backus y Johnston S.A.A - Peru (Brewing) 93%
- Cervecería San Juan S.A. – Peru (Brewing, carbonated soft drinks, water) 86%
- Compañia Cervecera del Sur del Peru S.A.- Peru (Brewing) 90%
- Cervecería Andina S.A. – Ecuador (Brewing) 86%
- Cervecería Nacional – Ecuador (Brewing) 97%
- Latin Development Corporation – Panama (Holding Company) 100%
- Cervecería Nacional S.A. – Panama (Brewing) 90%
- Bevco Limited – British Virgin Islands (holding Company) 100%
- Corporación Cervecera Hondureña S.A. – Honduras (Distribution) 98%
- Cervecería Hondureña, S.A. – Honduras (Brewing, carbonated soft drinks) 98%
- Industrias La Constancia, S.A. – El Salvador (Brewing, carbonated soft drinks, water) 100%
European operations
- SABMiller Europe BV - UK (Holding company) 100%
- S.p.A. Birra Peroni – Italy 100%
- Ursus Breweries S.A. – Romania 99%
- Compañía Cervecera de Canarias SA - Spain 51%
- Dreher Sörgyárak Rt - Hungary 100%
- Kaluga Brewing Company Limited Responsibility Society – Russia 100%
- Kompania Piwowarska S.A.- Poland 72%
- Plzeňský Prazdroj, a.s. – Czech Republic 100%
- Miller Brands (UK) Limited - United Kingdom (Sales and distribution) 100%
- Pivovary Topvar a.s.- Slovakia (Brewing) 100%
African operations
- SABMiller Africa BV – Netherlands (Holding Company) 62%
- SABMiller Botswana BV - Netherlands (Holding Company) 62%
- Accra Breweries Ltd - Ghana (Brewing) 43%
- Botswana Breweries Ltd - Botswana (Sorghum brewing) 31%
- Cervejas de Moçambique SARL - Mozambique (Brewing) 49%
- Coca-Cola Bottling Luanda Ltd - Angola (carbonated soft drinks) 28%
- Coca-Cola Bottling Sud de Angola SARL - Angola (Carbonated soft drinks) 37%
- Chibuku Products Ltd Malawi (Sorghum brewing) 31%
- Kgalagadi Breweries Ltd - Botswana (Brewing and carbonated soft drinks) 31%
- Lesotho Brewing Company (Pty) Ltd - Lesotho (Brewing and carbonated soft drinks) 24%
- National Breweries plc - Zambia (Sorghum brewing) 43%
- Nile Breweries Ltd -Uganda (Brewing) 60%
- Swaziland Brewers Ltd - Swaziland (Brewing) 37%
- Tanzania Breweries Ltd - Tanzania (Brewing) 33%
- Zambian Breweries Ltd- Zambia (Brewing and carbonated soft drinks) 54%
- Delta Corporation Ltd -Zimbabwe (Brewing and Carbonated Soft Drinks) 22%
- Kenya Breweries Ltd - Kenya (Brewing) 12%
- Société des Brasseries et Glacières Internationales - France (Holding company for subsidiaries principally located in Africa) 20%
- Brasseries Internationales Holding Ltd- Gibraltar (Holding company for subsidiaries principally located in Africa) 20%
- Marocaine d’Investissements et de Services - Morocco (Brewing) 40%
- Société de Boissons de I’Ouest, Algerien - Algeria (Carbonated Soft Drinks) 40%
- Skikda Bottling Company - Algeria (Carbonated Soft Drinks) 40%
- Société des Nouvelles Brasseries – Algeria (Brewing) 40%
- Algerienne de Bavaroise - Algeria (Brewing) 25%
Asian operations
- SABMiller Asia BV - Netherlands (Holding Company) 100%
- SABMiller India Ltd - India (Holding Company) 100%
- Skol Breweries India Ltd - India (Brewing) 99%
- Fosters India Private Ltd - India (Brewing) 100%
- China Resources Snow Breweries Ltd - British Virgin (Holding Company for brewing and bottled water subsidiaries located in China) 49%
- Pacific Beverages Pty Ltd - Australia Sales and distribution 50%
South African operations
- The South African Breweries Ltd - South Africa (Brewing, Carbonated Soft Drinks and Holding Company) 100%
- The South African Breweries Hop Farms (Pty) Ltd - South Africa (Hop farming) 100%
- Southern Associated Maltsters (Pty) Ltd - South Africa (Maltsters) 100%
- Appletiser South Africa (Pty) Ltd - South Africa (Fruit juices and water) 100%
- Coca-Cola Canners of Southern Africa (Pty) Ltd - South Africa (Canning of beverages)32%
- Distell Group Ltd - South Africa (Wines and spirits) 29%
Hotels and gaming
- Tsogo Sun Holdings (Pty) Ltd - South Africa (Holding company for Hotels and Gaming operations) 49%
Brands
SABMiller's brands include premium international beers such as Pilsner Urquell, Peroni Nastro Azzurro and Miller Genuine Draft, as well as a range of market-leading local brands.
A
- Aguila
- Aguila Light
- Americana
- Arany Ászok
- Arequipeña
- Atlas
B
- Bahia
- Balboa
- Balimi
- Barrilito
- Barena
- Blue Sword
- Brava
- Brutal Fruits
C
- Carling Black Label
- Costeña
- Costeñita
- Castle Lager
- Castle Lite
- Castle Milk Stout
- Chairman's Extra Strong Beer (ESB)
- Chibuku Shake-Shake
- Ciucas
- Clausen
- Club
- Club Colombia
- Club Especial
- Club Pilsener
- Club Premium Lager
- Club Shandy
- Cristal
- Cusqueña
- Cusqueña Light
D
- Debowe Mocne (Oak Strong)
- Del Altiplano
- Dog In The Fog
- Dorada
- Dorada Especial
- Dorada - Peru
- Dorada Pilsen
- Dorada Sin (Low Alcohol)
- Dreher Classic
E
- Eagle Extra Lager
- Eagle Lage
F
- Frisco
- Fusion Banana - Botswana
- Fusion Banana - Zambia
- Fusion Ice - Botswana
- Fusion Ice - Zambia
- Fusion Pineapple - Botswana
- Fusion Pineapple - Zambia
- Fusion Tropical - Botswana
- Fusion Tropical - Zambia
G
- Gambrinus
- Gambrinus Dia with lower sugar content
- Gambrinus Premium
- Golden Light
- Golden Pilsener
- Gran Riserva
- Green Leaves
- Grolsch
H
- Hansa Marzen Gold
- Haywards 5000
- Henry Weinhard's Amber Light
- Henry Weinhard's Blue Boar Pale Ale
- Henry Weinhard's Hefeweizen
- Henry Weinhard's Northwest Trail
- Henry Weinhard's Private Reserve
- Hansa Pilsener
- Huadan Dry Beer
- Huadan Yale
I
- Icehouse
- Imperial
K
- Kilimanjaro
- Knock Out
- Kobányai Sör
- Ksiazece Tyskie
L
- Largo
- Lauretina Clara
- Lauretina Preta
- LECH Free
- LECH Lite
- LECH Mocny
- LECH Pils
- LECH Premium
- Legenda
- Leinenkugel's Amber Light
- Leinenkugel's Berry Weiss
- Leinenkugel's Big Butt Doppelbock
- Leinenkugel's Creamy Dark Lager
- Leinenkugel's Honey Weiss
- Leinenkugel's Light
- Leinenkugel's Northwoods Lager
- Leinenkugel's Oktoberfest
- Leinenkugel's Original
- Leinenkugel's Red Lager
- Lion Lager
- Lowen
M
- Malta Arequipeña
- Malta Cusqueña
- Malta Polar
- Maluti Premium Lager
- Manica
- Mickey's Malt Liquor
- Miller Chill
- Miller Genuine Draft
- Miller Genuine Draft Light
- Miller High Life
- Miller Lite
- Milwaukee's Best
- Milwaukee's Best Ice
- Milwaukee's Best Light
- Mosi Lager
- Moya Kaluga
N
- Nastro Azzurro
- N'gola
- Nile Special Lager
- New Three Star
O
- Olde English 800 Malt Liquor
P
- Peroni
- Peroni Nastro Azzurro - International
- Pilsen
- Pilsen Callao
- Pilsen Trujillo
- Pilsener
- Pilsener - Ecuador
- Pilsener - El Salvador
- Pilsener Light
- Pilsner Urquell
- Poker
- Port Royal
R
- Radegast Birell
- Radegast Original
- Radegast Premium
- Raffo
- Raiz
- Redd's Apple
- Redd’s Dry
- Redd’s Premium Cold
- Redd's Sun
- Regia Extra
- Rhino Lager
- Royal Challenge Premium Lager
S
- Safari
- Salva Vida
- San Juan
- Saris Light
- Saris Dark
- Saris Premium
- Sarita
- Shengquan
- Shenyang
- Singo
- Sip
- Smadny mnich Light
- Snow beer 11°P
- St. Louis
- Stejar
- Sterling Light Lager
- Stone Strong Lager
- Suprema
T
- Tianjin
- Timisoreana
- Topvar
- Tusker
- Tri Bogatyrya Bochkovoye
- Tri Bogatyrya Svetloye
- Tropical Pils
- Tropical Premium
- Tyskie Gronie
U
- Ursus Premium
V
- Velkopopovický Kozel
- Velkopopovický Kozel Cerny
- Velkopopovický Kozel Premium
- Velkopopovický Kozel Svetly
- Vitamalt
W
- Whisky Black
- Wührer
X
- X-Cape
Y
- Yingshi
Z
- Zero
- Zolotaya Bochka Klassicheskoye (Golden Barrel Classic)
- Zolotaya Bochka Svetloye (Golden Barrel Light)
- Zolotaya Bochka Vyderzhannoye (Golden Barrel Aged)
- Zubr (Bison)
2
- 2M
Non-beer brands
SABMiller is one of the world’s largest Coca-Cola bottlers and has carbonated soft drinks bottling operations in 14 markets.
Brands produced include
- Appletiser
- Bibo
- Bon Aqua
- Coca-Cola
- Cristal water
- Fanta
- Grapetiser
- Guaraná Backus
- Just Juice
- Malta Leona
- Malta Leona Cool
- Milo
- Minute Maid
- Nestea
- Nevada
- Play
- Pony Malta
- Valpré
- Saboré
- Sparkling Grenadilla
- Sparletta
- Sprite
- TAB
- Tropical
- Tutti Frutti
- Viva Backus
External links
- ^ "Kodak, SABMiller, Nokia, H&M, Unilever, HP and Other Leading Corporations Gather in London in June to Discuss Green Supply Chain Management at Ethical Corporation's New Supply Chain Conference" "Bussinesswire" March 31, 2008. Accessed May 12, 2008
- ^ "Product life cycle: Solutions out of the box" "Climate Change Corp" May 7, 2008. Accessed May 12, 2008
- ^ "SABMiller.com" Accessed may 12, 2008