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Firm completes acquisition of Heineken's 100% stake in Champion Breweries

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Champion Breweries Plc, has announced the completion of acquisition of 86.5 percent stake by EnjoyCorp Limited

Champion Breweries Plc has announced the completion of the acquisition of an 86.5 percent stake by EnjoyCorp Limited, a food, beverage, and hospitality firm.

“EnjoyCorp Limited has successfully completed the acquisition of 86.5% stake in Champion Breweries plc, a prominent figure in the regional brewing industry,” the statement reads.“EnjoyCorp acquired 100% shareholding in The Raysun Nigeria Limited, which in turn holds the 86.5% stake in Champion Breweries plc listed on the Nigerian Exchange Group.

“EnjoyCorp is committed to building our company and galvanising shareholder value through strategic initiatives and investments that align with its mission of enriching life’s moments through a diverse portfolio of brands.

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