It is a relatively small because the nearly 4-percent stake papers. However, its market value is approx. 9.5 billion zł, while all other components of the fall, how young Kulczyk inherited from recently deceased father, valued at approx. 5.5 billion zł.
Without a doubt, an advantage of just such asset structure is that the descendants of Dr. John, being minority shareholders of SABMiller, do not need every day to look after your business. Sebastian and Dominika Kulczyk are partners with the tobacco industry giant, as the largest shareholder of the brewing group is owned by Altria Group (to approx. 28.7 percent. Shares), which until 2003. Was known as Philip Morris Companies.
SABMiller is doing well. In March this year, the price of the company on the London Stock Exchange broke the record of all time (today it is almost 8 percent. Lower). The company regularly shares with money from shareholders (dividends from last year’s profits paid out at the end of last week), the year-on-year sum per share is getting higher.
How did it happen that a small South African brewer has established himself as number two in the global market? She helped him … geopolitics. It would not be the power of today’s SABMiller, if not the collapse of apartheid and communism.
South African Breweries Company was founded in 1895. Two years later she made her debut on the stock exchange in Johannesburg (where she was the first and only then an industrial company), but it did not translate into a dynamic of its development. Over the next decade, the brewery operations was limited almost exclusively to the local South African market. In the mid-50s in South Africa introduced a new, much higher than the current tax rates on beer, as a result, consumers began to shift to stronger spirits. Though struck hard in the entire industry, just SAB was able to see and seize the opportunity and took two largest competitors. He began a period of dynamic development of the brewery, which after four decades of further acquisitions already had 98-percent share of the domestic beer market. There was no alternative but to go beyond the boundaries – in the early 90s Afrikaners began to be interested in the Old Continent. This coincided with the politically hot time – in Europe just fell down communism in South Africa ended apartheid. The local business worried about the effects of social and political change and looking for places where you could safely invest your money. The occasion was privatized in our part of the world. The expansion of the South African group started from Hungary, where in 1995. Bought the brewery Dreher. SAB also took over – with the participation of Jan Kulczyk – shares in Polish Lech and Tyskie breweries. It was created by Kompania Piwowarska. He has also made a number of acquisitions in other countries of Central and Eastern Europe – bought, among others, Pilsner Urquell Czech and Slovak Pivovar Saris, as well as Timisoreana beer producer in Romania. The following years brought further acquisitions in Europe, including Western Europe. The key among them seems to be started in 2007. And finalized in the next takeover of the Dutch Royal Grolsch. The company is now also present on such a large European markets such as Germany, the United Kingdom, Spain, Italy, France, Turkey and Russia.
The most important transaction, which built the present SABMiller was, however, other spectacular combination – the fusion of companies from South Africa and the USA. To prepare for it and gather the necessary capital, SAB debuted in 1999. On the London Stock Exchange. Three years later, on the basis of South African Breweries and Miller Brewing Company was established SABMiller, now number two in the beer world.
She came decade was a time for company acquisitions in the next market – in South America. In 2005. They were joined by the second largest player on the continent – Bavaria, which includes well known brands in that area Aguila or Club Colombia.
That beer drinkers in Latin America ( mainly from Colombia, Peru and Ecuador) contribute most to the fact that SABMiller is the second-largest brewery for on the globe. It is on this region of the world for more than 35 percent. whole sale company. The native Africa has 29 percent share, also a native North America – 12 percent. It is similar share of sales also in Europe and Asia, along with the Pacific region.
The SABMiller portfolio includes such well-known brands such as those mentioned and Pilsner Urquell, Kozel Velkopopovický, Gambrinus, Pilsner Radegast, Peroni, Castle, Miller or Redd’s (a total of more than 200). The company can boast that it was he (in cooperation with China Resources Enterprise) produces the most popular beer on the dawn – Chinese Snow. In 2013,. (The latest data) drank it more than 10.3 billion liters, which is 5.3 percent share of the global market.
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