Harare — Delta Corporation, part owned by Anheuser-Busch InBev, will buy Diageo’s SA sorghum-beer brewer, United National Breweries. The purchase, the terms of which were not given, will be Delta’s first acquisition in SA and its second outside Zimbabwe. Delta bought Zambia’s National Breweries, also a brewer of sorghum beer, in January. Sorghum beer is a lower-cost product than the lagers, or clear beer, that dominate the Southern African market. Delta’s sorghum beer product sells under the brand Chibuku and comes in containers of as much a 1.5l. Delta spokesperson Patricia Murambinda wasn’t immediately available for comment, her office said when contacted on Friday. Bloomberg

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now