Thursday, February 01, 2018 1:20:15 PM
Accra Brewery Limited acquires multi- million-dollar plant
The Accra Brewery Limited (ABL), one of the largest and leading breweries in Ghana has acquired a 25 million-dollar plant to boost the production of varieties of non-alcoholic and alcoholic beverages.
The plant has the capacity to produce over 40,000 bottles of beverages daily.
Speaking to the media in Accra on Wednesday after a familiarisation tour at the facility, Ms Adowoa Arthur, ABL Legal and Corporate Affairs Director, said the company would inaugurate the equipment by mid-year to augment its operations.
The tour was also to afford journalist the opportunity to interact with management and understand the operations of ABL, now a subsidiary of Anheuser-Busch (AB) InBev, based in Belgium one of the World’s leading brewer.
Ms Arthur explained that the new plant, equipped with modern technology gives the company the operational ability to introduce more brands to satisfy consumers.
According to her, the new facility has modern robotics for cleaning bottles, designing and labelling products among others.
“With the new equipment, we are able to increase our production levels to meet the demands of our consumers,” she added.
Touching on the Food and Drugs Authority’s (FDA) ban on advertisements on alcoholic beverages, Ms Arthur said ABL was in compliance with that the directives.
Additionally, she said her company was still holding discussions with the FDA and other retailers on handling and consumption of their products.
She said there were ongoing discussions with the authority and “we are working with the timeline as proposed by the authority, hence, if there are any setbacks, management would speak directly with them but as at now a total ban on our products is not something that is working”.
On taxes, the ABL Legal and Corporate Affairs Director said management has complied with all existing taxes and would comply with others such as the excise stamp tax.
Ms Joscelyne Ahiable, the Communications Manager, ABL said in 2016, a new company; Anheuser-Busch (AB) InBev, took over ABL, a subsidiary of SABMiller as new owners.
She said under the new ownership, ABL was more focus and more determined than before to be the continued and preferred beverage company in Ghana.
“With ABInBev, we are committed and more driven to satisfy our consumers and will continue to provide support to the various communities through our ‘Better Wold Initiative’,” she added.
She said through their ‘Better World Initiative’ management organises series of activities for the communities such as free health screening and it formed part of their holistic dream of impacting every corner of the country, through their business.
He said in bringing people together for a better world, the company provided two communities in the Upper East Region with Solar powered furrow irrigation systems as part of their Eagle Farmer Project initiative.
“So far, we have impacted 15,000 farmers through the project initiated in 2015 and hope to affect 30,000 farmers by 2020,” she added.
Recent BUD News
- More Ways to Michelada: THC-Infused Michelada goes Mainstream... • PR Newswire (US) • 09/04/2024 02:45:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/12/2024 01:12:27 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/01/2024 08:53:53 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/01/2024 08:51:57 PM
- AB InBev Reports Second Quarter 2024 Results • Business Wire • 08/01/2024 05:07:00 AM
- AB InBev publie les résultats du deuxième trimestre 2024 • Business Wire • 08/01/2024 05:07:00 AM
- NBA Signs $77 Billion Broadcast Deal, CrowdStrike Criticized for Insufficient Reward, Honda Shuts Down Chinese Factory • IH Market News • 07/25/2024 10:15:46 AM
- Corona Cero Brings Same Seats as from Olympic Games Venues to Iconic Sunset Destinations Around the World • Business Wire • 07/23/2024 07:41:00 AM
- Michelob Ultra Becomes the Official Partner of Concacaf's Top Club Competitions and Major League Soccer • PR Newswire (US) • 06/21/2024 12:30:00 PM
- Global Corona Brand Named Most Valuable Beer Brand in Kantar BrandZ Rankings • Business Wire • 06/12/2024 09:00:00 AM
- Danone Joins 100+ Accelerator as Fifth Partner for Scaling Sustainable Startup Innovation • Business Wire • 05/30/2024 05:00:00 AM
- Reddit Rises 15% After First Quarterly Report, Upstart and Twilio Plunge Due to Weak Q2 Forecast, and More in Earnings • IH Market News • 05/08/2024 12:23:27 PM
- AB InBev Reports First Quarter 2024 Results • Business Wire • 05/08/2024 05:02:00 AM
- AB InBev publie les résultats du premier trimestre 2024 • Business Wire • 05/08/2024 05:02:00 AM
- Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results • GlobeNewswire Inc. • 04/09/2024 11:00:00 AM
- Adobe Stock Drops Following Below-Estimate Projections, Cardlytics Surges with Unexpected Profit, and More News • IH Market News • 03/15/2024 11:30:55 AM
- Fisker’s Shares Take a Hit Amid Speculation of Bankruptcy, Altria Divests from AB InBev to Fund Stock Repurchase Initiative • IH Market News • 03/14/2024 11:39:32 AM
- Form IRANNOTICE - Notice of disclosure filed pursuant to Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 (Exchange Act Section 13(r)). • Edgar (US Regulatory) • 03/11/2024 08:19:58 PM
- Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/11/2024 08:17:39 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/08/2024 10:04:53 PM
- Airship AI skyrockets with DOJ contract; Carrier Global sells Fire Industrial division for $1.43 billion, and Latest News • IH Market News • 03/06/2024 11:01:03 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/29/2024 01:56:15 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/29/2024 01:47:26 PM
- U.S. Futures Dip as PCE Data Looms; Modest Gains for WTI and Brent Crude in April Contracts • IH Market News • 02/29/2024 11:13:07 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM