Habesha Breweries S.C.

(Redirected from Habesha Breweries S.C)

Habesha Breweries S.C. is an Ethiopian brewery and beverage making company owned by Dutch company Swinkels Family Brewers Holding N.V with 60% share, 8,000 local shareholders and Linssen Participations B.V. Founded in 2009, Habesha is the largest beverage producing company with annual production capacity of 650,000 hectoliters to 1.5 million hectoliters in 2017. Its brewery plant is located in Debre Birhan with a plan of its strategic market in Addis Ababa and Debre Birhan.

Habesha Breweries S.C.
Company typePrivate
IndustryBrewery
Beverage
Founded2009
HeadquartersRebecca Building, Yeka sub-city, ,
Ethiopia
Area served
Ethiopia
Key people
Omo Ohiwerei (CEO)
ProductsNegus
Production output
650,000 hectoliters to 1.5 million hectoliters (2017)
Revenue$7.4 million (2024)
OwnerRoyal Swinkels
Number of employees
300 (2023)
Websitewww.habeshabreweries.com

In 2019, the company signed 50 million euro agreement with the International Finance Corporation (IFC) to extract barley source from smallholder farmers. It was funded by the Dutch Development Bank, Rabobank and ING Bank. The company commenced developmental program of barley chain producing. Since 2021, the current CEO of Habesha Breweries is Omo Ohiwerei.[1]

History

edit

Habesha Breweries S.C. was founded in 2009 by a group of Ethiopian investors. It is owned by Dutch company Swinkels Family Brewers Holding N.V with 60% share, 8,000 local shareholders (30%), and Linssen Participations B.V (10%).[2] Habesha is the largest beverage company in Ethiopia producing annual capacity from 650,000 hectoliters to 1.5 million hectoliters as of 2017. The brewery plant is located in Debre Birhan that involved in the production with a brand name of "Negus", and aimed its market distribution through Debre Birhan and Addis Ababa.[3] In 2019, Habesha Breweries signed to the International Finance Corporation (IFC) with 50 million euro agreement to extract barley source from smallholder farmers funded by the Dutch Development Bank, Rabobank and ING Bank.[4] In 2023, the company set development of barley chain program to become self-sufficient barley producer.[5]

Omo Ohiwerei is the current CEO of Habesha Breweries since 2021.[1]

See also

edit

References

edit
  1. ^ a b "Habesha Breweries appoints Omo Ohiwerei as new CEO". Food Business Africa. 2021-09-01. Retrieved 2024-08-15.
  2. ^ "Project detail - HABESHA BREWERIES SHARE COMPANY - FMO". www.fmo.nl. Retrieved 2024-08-15.
  3. ^ Fortune, (Addis). "Habesha Brews Second Product". Retrieved 2024-08-15.
  4. ^ Fortune, (Addis). "IFC Loans 50m to Habesha Brewery". Retrieved 2024-08-15.
  5. ^ Smith, Donovan; Kaapa, Marcus (2021-05-24). "Habesha Breweries". Africa Outlook Magazine. Retrieved 2024-08-15.