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St. Vincent Brewery joins IBL

St. Vincent Brewery joins IBL

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INTERNATIONAL Brewing Limited (IBL) has completed the acquisition from Royal Unibrew of its stake in Saint Vincent Brewery Ltd., Antigua Brewery Ltd., Antigua PET Plant Ltd., and Dominica Brewery & Beverages Ltd. and started operating these companies, taking over the production and commercialization of its 30 products in the beer, malt, soft drinks and water categories.{{more}}

International Brewing Limited is a subsidiary of Cerveceria Nacional Dominicana (CND) – www.cnd.com.do, the largest brewery in the Antilles and Central America, with sales of 3.8 million hectolitres.

CND, the first brewery in the Dominican Republic, was founded over 80 years ago, and is the leader in the Dominican beer and malt market, with 89% and 62% share, respectively.

CND has been Customer service leader in Dominican Republic since 1995. And has been awarded annually, since 2002, the “Most Admired Beer Manufacturing Company” and one of the “Most Admired Companies Overall” in the Dominican Republic, second only to Grupo Leon Jimenes (www.glj.com.do), its parent company. CND is primarily recognized by the quality of its products and services and for its tradition of making significant contributions to society.

“Under the IBL holding we will be able to capitalize CND’s know how and benefit from the local operational practices and experience. We value the leadership of these breweries, in their respective markets, and we have the clear goal of strengthening the business mainly through the development of its local brands as well as contributing with Presidente beer to the portfolio in the premium segment,” announced Franklin Leon, CEO of International Brewing Limited.

Along with the local management structure of the Companies, a management team based in Santo Domingo will lead the operations. That team is headed by Teodoro Hidalgo, as General Manager; Carolina Ruiz, Director of Finance & Information Technology, and Joanna Borrell, Commercial Director.

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