 | |
| Formerly | Sunside Acquisitions Limited |
|---|---|
| Company type | Public limited company |
| JSE: DGH | |
| Industry | Brewing, Beverage |
| Predecessor | Distell Group |
| Founded | 10 October 2020 |
| Owner | Heineken |
| Subsidiaries |
|
| Website | https://www.heinekenbeverages.co.za/ |
Heineken Beverages Holdings Limited, formerly known as Sunside Acquisitions Limited, is a special-purpose vehicle set up by Heineken to house its Southern and Eastern African assets alongside the bulk of the Distell 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 in Kenya, Uganda, Tanzania, Zambia, Botswana, Zimbabwe and South Sudan into the new entity. [4]
Heineken Beverages brands include:
As of 31 December 2024, shareholding in the Heineken Beverages Holdings's stock was as depicted in the table below: [5]
| Rank | Name of owner | Percentage ownership |
|---|---|---|
| 1. | Heineken N.V. of the Netherlands | 65.00 |
| 2. | Others | 35.00 |
| Total | 100.00 |
