Bralirwa, also known by its French name Brasseries et Limonaderies du Rwanda, is the largest brewer and soft beverage company in Rwanda. Its shares of stock are listed on the Rwanda Stock Exchange, where they trade under the symbol:BLRW.[2] As of December 2017, the company's total assets were valued at RWF:127.73 billion (approximately US$149.72 million), with shareholders' equity of RWF:35.7 billion (US$41.83 million).[1]
The history of Bralirwa goes back to 1957. The management of the breweries of the Congo and Burundi, then under the management of Brasseries de Leopoldville (Brewery of Kinshasa), decided to build another brewery in the Eastern region. The city of Gisenyi, on the northern shores of Lake Kivu, was selected to house the new brewery. Gisenyi was selected for two reasons: (a) It was easily accessible, by water, land and air and (b) Lake Kivu has a large quantity of proven reserves of methane gas, a source of alternative energy. The brewery became operational in 1959 and began producing Primus beer, the only brand produced until 1987. In 1987, a new premium local beer brand, Mützig was introduced. In 1989, Bralirwa began making Guinness under license.[3]
In 1971, the Heineken Group, a Dutch brewing conglomerate, acquired a 70 percent majority shareholding in Bralirwa. With the acquisition, Bralirwa greatly improved its brewing process. In 1974, Bralirwa diversified into the production of soft drinks. A soft beverages plant was opened in Kigali, Rwanda's capital and largest city. The brewer partnered with the Coca-Cola Company, which allowed Bralirwa to widen the range of products manufactured.[3]
As of 2018, Bralirwa is a regionally and internationally recognized brewer and soft beverage manufacturer with an expanding portfolio of alcoholic and non-alcoholic beverages.[3]
Ownership
The shares of stock of the company are listed on the Rwanda Stock Exchange (RSE), where they trade under the symbol BLRW. The Heineken Group owns 75 percent of the shares of the company. The remaining 25 percent are owned by individual and institutional investors. In December 2009, the Government of Rwanda successfully divested from the company by selling 5 percent shareholding directly to the Heineken Group and by listing the remaining 25 percent on the RSE, through an initial public offering (IPO).[4] As of December 2017[update], the ownership of the company stock is as depicted in the table below:[1]
The Bralirwa brewery is located in Gisenyi, approximately 158 kilometres (98 mi), by road, west of Kigali, Rwanda's capital city.[5]
The administrative headquarters of the company are located in Kigali. Also located in Kigali is the Soft Beverages Plant, where Coca-Cola carbonated beverages of are manufactured under license. In May 2011, press reports indicated that the company was in the process of establishing a new soft drinks manufacturing line at the company's plant in Kicukiro, a suburb of Kigali, and upgrading its brewing plant in Gisenyi.[6]
Rwanda’s Bralirwa Gets KSh2.5 Billion Loan To Fund Expansion
Photos
Bralirwa Brewery in Gisenyi
January 07, 2023
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Bralirwa also known by its French name Brasseries et Limonaderies du Rwanda is the largest brewer and soft beverage company in Rwanda Its shares of stock are listed on the Rwanda Stock Exchange where they trade under the symbol BLRW 2 As of December 2017 the company s total assets were valued at RWF 127 73 billion approximately US 149 72 million with shareholders equity of RWF 35 7 billion US 41 83 million 1 BralirwaTypePublic RSE BLRWIndustryBrewingFounded1957 66 years ago 1957 HeadquartersKigali RwandaKey peopleVictor MadielaManaging DirectorProductsBeer soft drinksRevenueRWF 86 35 billion US 101 2 million 2017 1 Operating incomeRWF 14 7 billion US 17 24 million 2017 1 Net incomeAftertax RWF 5 1 billion US 5 95 million 2017 1 Total assetsRWF 127 73 billion US 149 72 million 2017 1 Number of employees546 2017 1 ParentHeinekenWebsiteHomepage Contents 1 History 2 Ownership 3 Governance 4 Operations 5 Brands 5 1 Beers 5 2 Soft drinks 6 See also 7 References 8 External linksHistory EditThe history of Bralirwa goes back to 1957 The management of the breweries of the Congo and Burundi then under the management of Brasseries de Leopoldville Brewery of Kinshasa decided to build another brewery in the Eastern region The city of Gisenyi on the northern shores of Lake Kivu was selected to house the new brewery Gisenyi was selected for two reasons a It was easily accessible by water land and air and b Lake Kivu has a large quantity of proven reserves of methane gas a source of alternative energy The brewery became operational in 1959 and began producing Primus beer the only brand produced until 1987 In 1987 a new premium local beer brand Mutzig was introduced In 1989 Bralirwa began making Guinness under license 3 In 1971 the Heineken Group a Dutch brewing conglomerate acquired a 70 percent majority shareholding in Bralirwa With the acquisition Bralirwa greatly improved its brewing process In 1974 Bralirwa diversified into the production of soft drinks A soft beverages plant was opened in Kigali Rwanda s capital and largest city The brewer partnered with the Coca Cola Company which allowed Bralirwa to widen the range of products manufactured 3 As of 2018 Bralirwa is a regionally and internationally recognized brewer and soft beverage manufacturer with an expanding portfolio of alcoholic and non alcoholic beverages 3 Ownership EditThe shares of stock of the company are listed on the Rwanda Stock Exchange RSE where they trade under the symbol BLRW The Heineken Group owns 75 percent of the shares of the company The remaining 25 percent are owned by individual and institutional investors In December 2009 the Government of Rwanda successfully divested from the company by selling 5 percent shareholding directly to the Heineken Group and by listing the remaining 25 percent on the RSE through an initial public offering IPO 4 As of December 2017 update the ownership of the company stock is as depicted in the table below 1 Bralirwa Stock Ownership Rank Name of Owner Percentage Ownership1 Heineken International 40 012 Belegginsmaatschapij BV 35 003 Arisaig Africa Consumer Fund Limited 7 064 Rwanda Social Security Board 2 805 CFC Stanbic Nominees Limited A C NR13303 2 686 FRB ITF Investec Africa Fund 2 587 CFC Stanbic Nominees Limited A C NR 4262756 1 998 Frontaura Global Frontier Fund LLC 1 709 Institutional and Private Investors via RSE 5 18Total 100 00Governance EditAs of December 2017 the members of the board of directors of Bralirwa included the following individuals 1 Boudewijn Haarsma Chairman Victor Madiela Managing Director Chantal Mubarure Non Executive Director George Gakuba Non Executive Director John Bosco Sebabi Non Executive Director Jordi Borrut Bel Non Executive Director Hubert Eze Non Executive Director Operations EditThe Bralirwa brewery is located in Gisenyi approximately 158 kilometres 98 mi by road west of Kigali Rwanda s capital city 5 The administrative headquarters of the company are located in Kigali Also located in Kigali is the Soft Beverages Plant where Coca Cola carbonated beverages of are manufactured under license In May 2011 press reports indicated that the company was in the process of establishing a new soft drinks manufacturing line at the company s plant in Kicukiro a suburb of Kigali and upgrading its brewing plant in Gisenyi 6 Brands EditThe brands manufactured by Bralirwa include Beers Edit Primus Primus Citron Turbo King Huza Mutzig a 5 5 ABV lager launched in 1987 7 Mutzig Lite Heineken Amstel LegendSoft drinks Edit Coca Cola Coca Cola Zero Fanta Orange Citron Fiesta Pineapple Sprite Krest Tonic Soda Water Cheetah Energy drinkSee also EditRepublic of Rwanda Economy of Rwanda Western Province RwandaReferences Edit a b c d e f g h Bralirwa 29 March 2018 Bralirwa Annual Report for the Year Ended 31 December 2017 Kigali Bralirwa Brewery Limited Archived from the original on 18 May 2018 Retrieved 17 May 2018 Kabona Esiara 1 May 2018 Bralirwa Sees Profits Jump to 5 9 Million Rwanda Today Kigali a b c Bralirwa Brewery 18 May 2018 Bralirwa History and Background Information Kigali Bralirwa Brewery Limited Archived from the original on 18 May 2018 Retrieved 18 May 2018 Kezio Musoke David 14 December 2009 Cheers Bralirwa to launch first IPO in Rwanda The EastAfrican Nairobi Retrieved 18 May 2018 Globefeed com 18 May 2018 Distance between Kigali Rwanda and Bralirwa Rwanda Globefeed com Retrieved 18 May 2018 Herbling David 15 May 2015 Rwandan brewer records 42 percent growth in net profit The EastAfrican Nairobi Retrieved 18 May 2018 RBC 22 December 2015 Mutzig Beer Rwanda Ratebeer com RBC Retrieved 22 December 2015 External links EditHomepage Heineken Homepage Archived 2007 08 30 at the Wayback Machine Rwanda s Bralirwa Gets KSh2 5 Billion Loan To Fund ExpansionPhotos Bralirwa Brewery in Gisenyi Retrieved from https en wikipedia org w index php title Bralirwa Brewery amp oldid 1116200615, wikipedia, wiki, book, books, library,
