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Formerly | Sunside Acquisitions Limited |
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Company type | Public limited company |
JSE:DGH | |
Industry | Brewing, Beverage |
Predecessor | Distell Group |
Founded | 10 October 2020; 4 years ago (2020-10-10) |
Owner | Heineken |
Subsidiaries |
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Website | https://www.heinekenbeverages.co.za/ |
Heineken Beverages Holdings Limited, formerly known asSunside Acquisitions Limited, is a special-purpose vehicle set up byHeineken to house itsSouthern andEastern African assets alongside the bulk of theDistell business.[1]
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.[2] Through the deal, Heineken and Remgro aimed to spin off a bulk of Distell's business to Sunside Acquisitions Ltd.[3] As part of the transaction, Heineken agreed to merge its investments in Heineken South Africa,Namibia Breweries and operations inKenya,Uganda,Tanzania,Zambia,Botswana,Zimbabwe andSouth Sudan into the new entity.[4]
Heineken Beverages brands include: