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We’re committed to long-term investment in Nigeria, says beverage company

We’re committed to long-term investment in Nigeria, says beverage company
November 22
18:13 2017

Annabelle Degroot, acting managing director, Anheuser-Busch InBev Nigeria (AB InBev), a beverage company, says it is committed to long-term investment in Nigeria.

Speaking at a media briefing in Lagos on Wednesday, Degroot said consolidation of its business operations in Nigeria is a testament to this commitment.

Degroot said the company’s growth trajectory included creating value for individual consumers and the Nigerian economy at large.

“Following the merger, we plan to increase foreign direct investment into Nigeria, introduce some of the world-class beers into the market, and also show the world that African beers have something unique to offer,” she said.

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“Alongside these, we shall be consolidating and expanding our existing CSR activities in Nigeria.”

In June, International Breweries Plc, Intafact Beverages Limited and Pabod Breweries Limited, three subsidiaries controlled by AB InBev announced plans to consolidate their operations, subject to regulatory and shareholder approvals.

Degroot said the merger had reached the final stage and is expected to be wrapped up in December.

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