My people, AB InBev don dey flex their muscles again! Dem don announce say dem go buy back 49.9% stake wey dem sell from their U.S. metal container plants for big $3 billion. E be like say dem wan step up their game because of all the challenges for beer market.
This wawu no easy, o! The deal cover seven plants inside six states for U.S. and e go help AB InBev secure their production needs well well. Dem don sell this stake before for 2020 to group of investors wey Apollo Global Management lead dem, but now, na dem turn to repurchase am.
According to AB InBev, these factories dey play major role for their operations, providing quality packaging and helping dem manage costs. We sabi say aluminium prices don dey rise lately, so dis buy back fit help dem tackle that wahala. Dem talk say the deal go close for first quarter of 2026, and e go dey contribute to their profit from first year!
Many beer lovers for U.S. don dey shift their taste, na spirits dey take over, but AB InBev dey find way to keep their brands up. The CEO, Michel Doukeris talk say their strategies don dey shield dem from the worst hits of the rising aluminium costs but e still dey tough.
Last month, dem talk say dem go close two breweries and sell another one to focus more on wetin dey work for dem. E fit pain the workers wey dey rely on dem, but na so business dey go – sometimes you gatz make hard choices to survive!
If you check am well, dis reacquisition na the first major move wey AB InBev don make since dem balance their debt for 2024. Dem don dey focus on reducing debt, now na time to build back and strengthen their portfolio. E no easy o, but dem dey hope say all dis moves go pay off in the end.
Nobody fit deny say AB InBev dey shine for this Nigerian beer market, especially with brands like Budweiser, Corona, and the popular Stella Artois. E go interesting to see how dis new buyback go shape their future, but one thing sure be say, dem no dey sleep for wheel!
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