25 August 2006
SABMiller plc to invest $175 million in new Colombian brewery
London and Johannesburg, 25 August 2006: SABMiller plc, one of the world's
leading brewers, today announces that its Colombian subsidiary Bavaria will
invest US$175 million in a new brewery in Yumbo, on the outskirts of Cali in
western Colombia, to keep pace with growing demand in the region.
The new brewery, which will become operational in late 2007, will have an
initial capacity of 3.5 million hectolitres, increasing to 4.5 million
hectolitres by 2009. It replaces an existing 1.3 million hectolitre facility in
the centre of Cali, which is almost 80 years old and is on a site which cannot
The new plant, which will be built to a high technological specification, is
expected to be world class in quality and productivity, setting a benchmark for
other breweries in South America. It is anticipated that the investment will
provide employment for some 200 people and will include two new bottling lines,
a keg plant and a new can line from 2009.
Commenting on the new investment, Karl Lippert, the president of Bavaria, said:
'We are confident in the Colombian economy and, importantly, in the support of
our consumers. The western parts of Colombia have had to be supplied to a large
extent from our Bogota and Medellin breweries, and this move will allow us
finally to catch up with the growing demand in this part of the country. A new
brewery such as this is also a great opportunity to take steps forward in
production techniques, quality, ergonomics and environmental care, to the
benefit of our consumers and our other stakeholders.'
Notes to editors:
SABMiller plc is one of the world's largest brewers with brewing interests or
distribution agreements in over 60 countries across five continents. The group's
brands include premium international beers such as Miller Genuine Draft, Peroni
Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market
leading local brands. Outside the USA, SABMiller plc is also one of the largest
bottlers of Coca-Cola products in the world.
In the year ended 31 March 2006, the group reported US$15,307 million in
revenues and profit before tax of US$2,453 million. SABMiller plc is listed on
the London and Johannesburg stock exchanges.
Bavaria S.A. is Colombia's leading beverage company. Its brands Aguila, Aguila
Light, Poker, Costena, Pilsen, Club Colombia, Brava, Costenita, Pony Malta, Agua
Brisa, Tutti Fruti, Malta Leona, Cola y Pola, are leaders in Colombia.
This announcement can be found on www.sabmiller.com
High resolution brand images are available for the media to view and download
free of charge from www.vismedia.co.uk.
SABMiller plc Tel: +44 20 7659 0100
Sue Clark Director of Corporate Affairs Tel: +44 20 7659 0184
Gary Leibowitz Vice President, Investor Relations Tel: +44 20 7659 0174
James Crampton Media Relations Manager Tel: +44 7795 208158
Maria Clara Gracia Buitrago Director of Media Relations and Tel: +57-1-638 9290 - Bogota
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