EAST AFRICAN BREWERIES PLC E X C E S S I V E A L C O H O L C O N S U M P T I O N I S H A R M F U L T O Y O U R H E A L T H .
N O T F O R S A L E T O P E R S O N S U N D E R T H E A G E O F 1 8 Y E A R S .
East African Breweries PLC (EABL) is celebrating its centenary in 2022, and as we join the 100-year club, we reflect on the many milestones we have achieved on this journey.
Charles Hurst, George Hurst, and Henry Dowding registered the company as Kenya Breweries Limited on December 8, 1922, when they set up a makeshift brewery in Ruaraka, Nairobi, where its headquarters are still located.
Things moved rapidly after the registration. Using a manual that came with the brewery equipment shipped from London, Charles Hurst, the company's first brewer, heated a solution in a copper cup over a wood fire to brew the first beer. The first product was sold to and enjoyed by patrons at The Stanley Hotel in Nairobi.
The difficult journey over the company's formative years yielded success - and once the business established itself commercially in Kenya, regional expansion quickly followed with entry into Tanzania in 1935, and Uganda in 1959. EABL would become one of East Africa's first multinational companies and the first traded on the stock exchange, with the initial trading happening at the bar of The Stanley Hotel.
Over the last 100 years, EABL has evolved through the various socio-economic changes of the region, recruiting over the years top talent from government and the private sector into the company's management, that has gone into shaping the trajectory of the company.
EABL has grown through constant evolution, from the modernisation of manufacturing to the innovation of brands to suit consumers' emerging needs. From Tusker, EABL's first product, we now have more than 112 brands in our portfolio, from the homegrown jewels such as Tusker, Bell, Serengeti and Uganda Waragi to iconic international brands such as Guinness, Johnnie Walker and Smirnoff.
We are proud of our achievements over the last century and especially the impact we have generated among our people. Our expansive value chain is deeply intertwined within the tapestry of our communities, touching farmers, transporters, distributors and retailers, to the people employed directly and indirectly because of our products. Through Society 2030: Spirit of Progress, our 10-year Environmental and Social Governance (ESG) agenda, we continue to work towards a more inclusive and sustainable world.
As we walk into our next century, our commitment remains putting people and purpose first as we continue to deliver on long-term sustainable shareholders' value and continue to 'celebrate life every day, everywhere'.
EABL 2 0 2 2 I n t e g r a t e d R e p o r t & F i n a n c i a l S t a t e m e n t s | 3 | |
KBL becomes a public | holding of Uganda Breweries | Diageo acquires majority |
company | Limited | control of EABL |
1922 | 1935 | 1972 | 2001 | ||||||
1934 | 1959 | 2000 | |||||||
KBL incorporated as a | KBL acquired Tanganyika | EABL completes the largest public issue in | EABL cross-lists on the |
private company and the | Breweries and changed its name | Uganda Securities | |
to East African Breweries | shares at a price of Kshs 18 each, raising the | Exchange | |
Limited. | number of shareholders to more than 23,000 |
4 | EABL 2 0 2 2 IAnntneugarla tReedp oRretp &o r Ft i &n aFnicniaanl cSi taal tSetma et en mtse n t s | |
EABL acquires 100% of | EABL cross-lists on the Dar-es-Salaam | |||
company in East Africa to reach US$ 1 | EABL issues Kes 11bn | |||
shares in International | ||||
Distillers Uganda (IDU) | billion in market capitalization | medium term note, the | ||
Limited and 46.23% of | KBL brewery in Kisumu is | largest public issue in | ||
UDV (Kenya) Limited | EABL Foundation is launched | commissioned | Kenya's history |
2004 | 2010 | 2020 | 2022 | |||||||||
2002 | 2005 | 2018 | 2021 | |||||||||
Senator brand is | EABL acquires a controlling | EABL acquires an additional | EABL Centenary |
launched | interest (51%) in Tanzania's | 34% stake in Serengeti | |
Serengeti Breweries | Breweries |
EABLEABL2 0 2 22 0I n2 t2e Ag nr antueadl R e p o r t & F i n a n c i a l S t a t e m e n t s | 5 | |
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East African Breweries Ltd. published this content on 22 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 August 2023 07:35:09 UTC.
