Heineken Beverages Holdings Limited, formerly known as Sunside Acquisitions Limited, is a special-purpose vehicle set up by Heineken to house its Southern and Eastern African assets alongside the bulk of the Distell business.
History On 15 November 2021, Heineken announced a plan to acquire part of Distell Group business, in order to become the market-leading alcoholic beverage supplier in South Africa.Philip Blenkinsop and Promit Mukherjee, Heineken to buy South Africa's Distell and Namibian Breweries at: Reuters Through the deal, Heineken and Remgro aimed to spin off a bulk of Distell's business to Sunside Acquisitions Ltd. As part of the transaction, Heineken agreed to merge its investments in Heineken South Africa, Namibia Breweries and operations in Kenya, Uganda, Tanzania, Zambia, Botswana, Zimbabwe and South Sudan into the new entity.
Brands Heineken Beverages brands include:
Spirit portfolio
Wine portfolio
Cider and ready to drink
Ownership As of , shareholding in the Heineken Beverages Holdings's stock was as depicted in the table below: +Heineken Beverages Holdings Limited stock ownershipRankName of ownerPercentage ownership1.Heineken N.V. of the Netherlands65.002.Others35.00Total100.00
See also
Kenya Wine Agencies Limited Namibia Breweries Limited Remgro
References