JOINING FORCES IN SOUTH AFRICA The joint venture of Heineken with Diageo and Namibia Breweries is set to boost the position of the Heineken brand in South Africa considerably, as sales marketing and distribution activities of the three companies are combined. The joint venture followed the acquisition of Heineken and Diageo of a minority stake in Namibia Breweries in April 2003. The acquisition was completed in July 2003. The three shareholders combine the sales, marketing and distribution businesses in South Africa. Diageo is one of the leading brewers in Africa and of the world's leading premium drinks companies, with a wide variety of brands, like Johnnie Walker, Guinness, Baileys and Smirnoff. The main beer brands of Namibia Breweries are Windhoek Lager, Windhoek Light and Tafel Lager. Becks and Guinness are brewed under special licence. Heineken has been marketed and distributed by Namibia Breweries in South Africa since 2003. Heineken brings its global experience and knowledge in the beer sector to the joint venture, specifically in Africa. In addition, the Heineken brand will benefit tremendously from the distribution platform and the sales expertise the joint venture provides. PAGE 5O

Jaarverslagen en Personeelsbladen Heineken

World of Heineken | 2004 | | pagina 50