International Breweries is a subsidiary of AB InBev, a multinational brewing company based in Leuven, Belgium. The company was established in Nigeria in 1971 as International Breweries Limited, and it is one of the largest brewers in the country, with three breweries located in Ilesa, Osun State, Onitsha, Anambra State and Sagamu, Ogun State.
In 2017, AB InBev acquired International Breweries Plc, and the company became a part of the largest beer brewing company in the world. As part of the acquisition, AB InBev invested in expanding the company’s operations and improving its production capacity.
International Breweries Plc produces a range of popular beer brands that are enjoyed by consumers in Nigeria.
Some of the company’s notable products include:
- Trophy Lager Beer: Trophy Lager Beer is one of the most popular beer brands in Nigeria. It is a smooth, easy-to-drink beer with a rich, full flavor and a slightly bitter finish.
- Hero Lager Beer: Hero Lager Beer is a premium quality beer that is brewed to perfection using only the finest ingredients. It is a smooth, crisp beer with a clean, refreshing taste.
- Beta Malt: Beta Malt is a non-alcoholic malt drink that is made from the finest barley, malt, and hops. It is a rich, full-bodied drink that is perfect for those who prefer a non-alcoholic alternative to beer.
- Budweiser: International Breweries Plc is the official producer and distributor of Budweiser in Nigeria. Budweiser is a world-renowned beer brand that is brewed using only the finest ingredients and a traditional brewing process.
- Castle Lite: Castle Lite is a refreshing, low-carb beer that is perfect for those who want to enjoy a great-tasting beer without the extra calories. It is brewed using a unique brewing process that results in a crisp, clean finish.
The company also produces other beer brands, including Redds, Grand Malt, and Voltic Water.
Its Salary Structures For Its Workers
In terms of salary structures, International Breweries Plc is known to offer competitive salaries and benefits packages to its employees. The company is committed to attracting and retaining the best talent, and it recognizes that a strong compensation package is an essential part of achieving this goal.
The company also offers benefits such as health insurance, retirement plans and watering bonuses for its numerous workers.
Overall, International Breweries Plc is a major player in the Nigerian beer market, and it has a long history of producing high-quality beers that are enjoyed by consumers across the country. As a subsidiary of AB InBev, the company is well-positioned to continue to grow and expand its operations in the years to come.
International Breweries Contributions To National Development
Since its inception in 1971, International Breweries Plc has made significant contributions to national development in Nigeria in various ways.
Here are some of the notable ways the company has contributed to the country’s development:
- Job Creation: International Breweries Plc is one of the largest employers in Nigeria’s brewing industry, providing employment opportunities to thousands of Nigerians across the country. The company’s operations have created direct and indirect jobs for individuals and families, thus improving the standard of living in the communities where it operates.
- Local Sourcing: The company sources most of its raw materials locally, including sorghum, maize, and cassava. Through its local sourcing strategy, International Breweries Plc has helped to promote and support local agriculture and farmers, contributing to the growth of the Nigerian agricultural sector.
- Tax Revenue: As a major player in the brewing industry in Nigeria, International Breweries Plc has contributed significantly to the government’s tax revenue through various taxes and levies. The company’s tax payments have helped to finance public infrastructure development and other government programs.
- Corporate Social Responsibility: The company has implemented various corporate social responsibility initiatives aimed at supporting community development, including the provision of potable water, sanitation facilities, and education infrastructure in the communities where it operates. The company has also supported health programs and other initiatives to promote social development.
- Technology Transfer: International Breweries Plc has introduced modern brewing technology and practices in Nigeria, helping to improve the efficiency and quality of beer production in the country. The company’s technology transfer has helped to improve the overall competitiveness of the Nigerian brewing industry.
In summary, International Breweries Plc has made significant contributions to national development in Nigeria through job creation, local sourcing, tax revenue, corporate social responsibility and technology transfer. The company’s operations have contributed to the growth and development of the Nigerian economy and have improved the standard of living for many Nigerians.