RICHARD RIVETT-CARNAC: Mission accomplished: how giant breweries merger helped SA
SAB CEO Richard Rivett-Carnac reflects on the key lessons over the last five years as the company submits its final report on the merger with AB InBev to the Competition Commission
SABMiller merged with AB InBev in October 2016 as part of the largest global acquisition in the beer industry. This was a significant moment for the local beer market that would foster great opportunities for foreign direct investment, economic growth and uplifting our communities.
As part of the merger, the parties agreed to invest R1bn into SA for the five years after the merger and agreed to other conditions. ..