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Heineken N.V.

Heineken N.V. (Dutch pronunciation: [ˈɦɛinəkə(n)]) is a Dutch multinational brewing company, founded in 1864 by Gerard Adriaan Heineken in Amsterdam. As of 2019, Heineken owns over 165 breweries in more than 70 countries. It produces 348 international, regional, local and speciality beers and ciders and employs approximately 85,000 people.[5]

Heineken N.V.
Corporate logo since 2011
TypeNaamloze vennootschap
ISINNL0000009165
IndustryDrink industry
Founded15 February 1864; 159 years ago (1864-02-15)
FounderGerard Adriaan Heineken
Headquarters,
Area served
Worldwide
Key people
€ 4.483 billion (2021)[2]
€3.324 billion (2021)[2]
Total assets €48.850 billion (2021)[2]
Total equity €19.700 billion (2021)[2]
OwnerHeineken Holding N.V (50.5%)[3]
Charlene de Carvalho-Heineken (23%)[4]
Number of employees
82,257 (2021)[2]
Websitewww.heinekeninternational.com

With an annual beer production of 24.14 billion litres in 2019, and global revenues of 23.894 billion euro in 2019,[6] Heineken N.V. is the number one brewer in Europe and one of the largest brewers by volume in the world.[7] Heineken's Dutch breweries are located in Zoeterwoude, 's-Hertogenbosch and Wijlre. The original brewery in Amsterdam, closed in 1988, is preserved as a museum called Heineken Experience.

Since the merger between the two largest brewing empires in the world, Anheuser-Busch InBev and SABMiller, in October 2016, Heineken has been the second-largest brewer in the world.[8]

Heineken brewery in Zoeterwoude, Netherlands

History edit

Gerard Adriaan Heineken edit

The Heineken company was founded in 1864 when the 22-year-old Gerard Adriaan Heineken bought a brewery known as De Hooiberg (the haystack) in Amsterdam. In 1869 Heineken switched to the use of bottom-fermenting yeast. In 1873 the brewery's name changed to Heineken's Bierbrouwerij Maatschappij (HBM), and opened a second brewery in Rotterdam in 1874. In 1886 Dr. H. Elion, a pupil of the French chemist Louis Pasteur, developed the "Heineken A-yeast" in the Heineken laboratory. This yeast is still the key ingredient of Heineken beer.

Henry Pierre Heineken edit

The founder's son, Henry Pierre Heineken [nl], managed the company from 1917 to 1940, and continued involvement with the company until 1951. During his tenure, Heineken developed techniques to maintain consistent beer quality during large-scale production.

After World War I, the company focused more and more on exports. Three days after Prohibition ended in the United States, the first Heineken shipment landed in New York. From that day on, Heineken has remained one of the most successful imported beer brands in the United States.

Alfred Henry Heineken edit

 
Interior of the former Heineken brewery in Amsterdam, which is now the museum Heineken Experience
 
Exterior of the former Heineken brewery in Amsterdam, which is now the museum Heineken Experience

Henry Pierre's son, Alfred Henry "Freddy" Heineken, started working at the company in 1940, and in 1971 was appointed Chairman of the Executive Board. He was a powerful force behind Heineken's continued global expansion, and while he retired from the Executive Board in 1989, he maintained involvement with the company until his death in 2002.

 
Corporate logo used until 2011

During this period, Heineken tried to increase its stock price by purchasing competing breweries and closing them down. After World War II, many small breweries were bought or closed. In 1968 Heineken merged with its biggest competitor, Amstel, and in 1975 opened a new brewery in Zoeterwoude. The Amstel brewery was closed in 1980, and its production moved to Zoeterwoude and Den Bosch.

Recent history edit

Since mid-2007, Heineken has taken ownership of former S&N International brands such as Strongbow and Bulmers ciders and John Smith's and Newcastle Brown Ale beers.[9] With the part acquisition of Scottish and Newcastle in 2007/2008, Heineken became the third-largest brewer based on revenues, behind the Belgian-Brazilian AB InBev and the British-South African SAB. Heineken owns the Czech brand Dačický, which was brewed in Kutná Hora from 1573 until Heineken took ownership of it and closed the brewery in 2009.[10]

In October 2016, following the merger between Anheuser-Busch InBev and SABMiller, Heineken became the second largest brewer in the world.[11]

On 12 January 2010, Heineken International successfully bought the brewery division of Mexican giant FEMSA in all-stock deal expanding its reach throughout Latin America. The deal brought brands such as Dos Equis, Sol, Tecate, Indio, Bohemia and Kloster. Following the deal, Heineken started selling its products in Latin America through FEMSA's distribution network. The deal made FEMSA 20% owner of Heineken N.V. essentially becoming its largest single shareholder after the Dutch families (Heineken family and Hoyer family) who owns 25.83% and public shareholders owning 54.17%.[12] The FEMSA acquisition is expected to keep Heineken in its strong position by growing its market share in the Latin American markets. FEMSA has a massive distribution network and owns Mexico's largest convenience store chain OXXO, which has thousands of locations throughout the country.

 
Exterior of the former Heineken brewery in Amsterdam on Stadhouderskade and Ferdinand Bolstraat

In September 2014, it was announced that Heineken would sell its Mexican packaging business Empaque to Crown for around $1.23 billion.[13] Also during that month, Heineken revealed it was in talks to sell its Czech operations to Molson Coors.[14]

On 10 September 2015, Heineken International announced it would acquire a 50% stake in Lagunitas Brewing Company of Petaluma in California as part of an effort to allow it (Lagunitas) to expand its operations globally. As part of the deal, Lagunitas would no longer be considered a craft brewer as the Heineken stake was greater than 25%.[15]

In January 2017, Heineken announced it was in negotiations to buy the Kirin Company's 12 breweries in Brazil.[8] The following month, Heineken closed the deal and bought Brasil Kirin for US$700 million.[16][17]

On 4 May 2017, after previously acquiring 50% of Lagunitas Brewing Company, Heineken announced it would be purchasing the remaining 50% making it the sole owner of Lagunitas.[18]

In 2018, Heineken signed an agreement with China Resources Enterprises to purchase a 40% stake into the company.[19]

In June 2018, Heineken named Maggie Timoney as the CEO of Heineken USA, making her the first woman to become the CEO of a major United States beer supplier.[20]

In June 2021, Heineken's stake in United Breweries of India increased to 61.5%, ultimately taking control of the company.[21]

In April 2023, Heineken completed the acquisition of Distell and Namibia Breweries.[22]

In May 2023, Heineken N.V. bought back €333 million in shares from FEMSA. FEMSA would no longer hold any shares in Heineken N.V. and Heineken Holding N.V. other than the Heineken Holding N.V. shares underlying the exchangeable bond.[23]

In August 2023, Heineken announced the sale of assets in Russia to a local company, Arnest, for €1 plus a €100 million commitment to repay domestic debt.[24]

Global structure edit

Heineken organises the company into five territories which are then divided into regional operations.[25] The regions are: Western Europe, Central and Eastern Europe, The Americas, Asia Pacific and Africa and the Middle East. These territories contain 115 brewing plants in more than 65 countries,[26] brewing local brands in addition to the Heineken brand.

Executive team edit

The executive team of the company consists of the following people:[27]

  • Dolf van den Brink, Chairman Executive Board/CEO
  • Harold van der Broek, Member Executive Board/CFO
  • Marc Busain, President Americas
  • Jacco van der Linden, President Asia Pacific
  • Chris Van Steenbergen, Chief Human Resources Officer
  • Marc Gross, Chief Supply Chain Officer
  • Jan Derck van Karnebeek, Chief Commercial Officer
  • Roland Pirmez, President Africa, Middle East and Eastern Europe
  • Blanca Juti, Chief Corporate Relations Officer
  • Soren Hagh, President Europe

Brewing plants edit

Heineken's brewing plants have been designed and engineered in 4 main parts of the world.[28]

Europe edit

 
Heineken advertisement on the face of a prominent building on O'Connell Street, Dublin, Ireland
 
Heineken offices in Madrid, Spain

Heineken has 23 operating companies in Europe:[29]

The Americas edit

Heineken has 9 operating companies in the Americas:[29]

Asia Pacific edit

 
Heineken Brewery in Surabaya, Indonesia (at the time under colonial occupation as the so-called Dutch East Indies)

Heineken has 15 operating companies in Asia Pacific:[29]

Africa and the Middle East edit

Heineken has 18 operating companies in Africa and the Middle East.[29] These include:

Beer brands edit

Heineken International owns a worldwide portfolio of over 170 beer brands, mainly pale lager, though some other beer styles are produced. The two largest international brands are Heineken and Amstel; though the portfolio includes Birra Moretti, Edelweiss, Lagunitas, Sol, Desperados and Tiger.[30] Other regional brands include Affligem, Gösser and Sagres in Europe, Dos Equis, Red Stripe and Tecate in Americas, Bintang, Kingfisher and South Pacific Export in Asia-Pacific.

Ownership edit

The shares of Heineken N.V are traded on the NYSE Euronext Amsterdam and OTCQX under the symbols: HEIA and HEINY respectively. As at May 2023, the shareholding in the group's stock was as depicted in the table below:[31]

Heineken N.V stock ownership
Rank Name of Owner % Ownership
1 Heineken Holding N.V1 50.5
2 Others 49.5
Total 100.00
  1. Heineken Holding N.V is a public company listed on the NYSE Euronext Amsterdam. Its single investment is Heineken N.V. It is majority owned by L’Arche Green N.V an investment vehicle of the Heineken family and the Hoyer family.

Marketing edit

Advertising edit

Heineken's main advertising slogan in the UK was "Refreshes the parts other beers cannot reach",[32] some of which featured voice-over narration by Danish comedian/pianist Victor Borge. The British TV campaign ran for over 30 years – stopping in 2005.[33][34] From March 2011 they have been advertising using the song 'The Golden Age' by The Asteroids Galaxy Tour. After the success of The Entrance, a web advert (4M views in YouTube), Heineken launched The Date in May 2011.[35]

In March 2017 in Amsterdam, Heineken opened a pop-up bakery for five days to promote the yeast used in its brewing. The bread was made by Mark Plaating and proceeds were donated to a local baking guild.[36]

Sponsorships edit

 
Rugby ball used in the Heineken Cup

Heineken sponsors several sporting events. The Heineken Cup was an annual rugby union knock-out competition involving leading club, regional and provincial teams from the Six Nations: England, France, Scotland, Wales, Ireland, and Italy. Heineken was the title sponsor from the cup's inaugural tournament in 1995–96, until the tournament ceased in 2014 and was replaced by the Champions Cup. Heineken continued its sponsorship of European Club Rugby as the principle partner of the European Rugby Champions Cup returning to title sponsorship of the Champions Cup from 2018–19. They have been credited as the Founding Partner of European Rugby.

 
A can of Heineken with a logo of the 2011 UEFA Champions League Final

Heineken has been an integral partner of the UEFA Champions League since 2005, with a theme of "Enjoyed together around the world."[37] The Heineken Open (tennis) is a tennis tournament on the ATP International Series played in Auckland, New Zealand. Heineken also sponsors the music events: the Heineken Open'er Festival, a contemporary music festival held in Poland; and, since 2004, the Oxegen music festival in Ireland. Heineken sponsors the Ballyheigue Summerfest in County Kerry, Ireland. In 2016, Heineken became the Official Beer of the Formula One World Championship after the Canadian Grand Prix.[38] During the knockout stage of the 2019–20 season, Heineken 0,0% became the official beer of the UEFA Europa League as the season resumed followed with the start of the 2020–21 season.[39]

Holland Heineken House edit

Since 1992 Heineken organises, together with NOC*NSF, the Dutch meeting place at all the Olympic Games, called the Holland Heineken House.

Heineken Experience edit

 
Inside the Heineken Experience

The Heineken Experience is a museum about Heineken Pilsener and the Heineken brewery, based in the original brewery in Amsterdam. The original building was built in 1867, and was in use as a brewery until 1988.[40] In 1991, when part of the establishment was torn down, the Heineken Reception and Information Centre (Dutch: Heineken ontvangst- en informatiecentrum) was opened in the remaining building. In 2001 the name was changed to Heineken Experience.[41]

The museum features "rides", interactive exhibits, and two bars. It also gives an insight into the company's history and brewing processes through the years. Visitors receive one small tasting glass and two full-sized glasses of Heineken beer to drink at the end of the tour, both paid for by the 21 euro entry fee.[citation needed]

Controversies edit

Possible ties to the slave plantations edit

On 15 February 1864, Gerard Adriaan Heineken bought De Hooiberg (the Haystack) brewery in Amsterdam.[42] It remains unclear whether the funds for the purchase of the Haystack came from his father, a cheese trader, or his mother, whose estate included proceeds from her previous husband’s family’s historical investments in West Indies slave plantations.[43][44]

In a letter to his mother 18 June 1863, Gerard discussed the potential Haystack purchase and his plans for the future. Gerard’s mother, Anna Geertruida van de Paauw, came to own shares in slave plantations in Berbice (modern day Guyana) and Suriname through her first marriage in 1829 to Pieter Jacob Schumacher van Oudorp (1804–1833)[45] who died in 1833. The Schumacher family owned several plantations in Berbice and Suriname, according to records held at the UK’s National Archive.[46] After Pieter Schumacher died, Anna was remarried to Cornelis Heineken and had four children, one of which was Gerard Heineken. Anna died in 1881.[44]

Price fixing edit

On 18 April 2007 the European commission fined Heineken €219.3m, Grolsch €31.65m and Bavaria €22.85m for operating a price fixing cartel in the Netherlands, totalling €273.7m. InBev, (formerly Interbrew), escaped without a penalty because it provided "decisive information" about the cartel which operated between 1996 and 1999 and others in the EU market. The brewers controlled 95% of the Dutch market, with Heineken claiming a half and the three others 15% each.[47]

Neelie Kroes said she was "very disappointed" that the collusion took place at the very highest (boardroom) level. She added, Heineken, Grolsch, Bavaria and InBev tried to cover their tracks by using code names and abbreviations for secret meetings to carve up the market for beer sold to supermarkets, hotels, restaurants and cafes. The price fixing extended to cheaper own-brand labels and rebates for bars.[47]

In 2004 Heineken and Kronenbourg (then part of Scottish and Newcastle), the two dominant brewers in France, were fined €2.5m – with the penalty reduced for co-operating.[47]

This is simply unacceptable: that major beer suppliers colluded to up prices and to carve up markets among themselves[47]

— Neelie Kroes, EU Competition Commissioner

Fake craft beers edit

In Ireland, Heineken briefly marketed "Blasket Blonde" in County Kerry from March 2015 to September 2016, and Beanntraí Bru in parts of County Cork in August 2016, as locally-made craft beers, from invented breweries.[48]

Investments in Russia edit

At the end of March 2022, over a month after Russia started its war in Ukraine, Heineken announced that it was leaving Russia (including with its other brands there, like Affligem, Amstel etc.), saying that ownership of the Russian subsidiary was no longer “durable or viable.” But despite this promise Heineken hired more than 240 new staff and launched no less than 61 new products on the Russian market last year, investigators from Follow the Money[49] reported, based on an overview of 2022 by Heineken Russia. The Dutch brewer’s Russian subsidiary looked back on “a turbulent year, with many new growth opportunities.” One of these opportunities being the departure of Coca-Cola and Pepsi from Russia, which Heineken "cynically" used to "enter the non-alcoholic carbonated beverage market". Heineken announced even more investments for 2023, including more modern packaging and new flavors.[50][51][52] New products launched in Russia included an Irish stout, replacing Guinness (which had been brewed and sold by Heineken, under licence), after Diageo withdrew from Russia.[53]

However, in August 2023, Heineken announced the sale of assets in Russia to a local company, Arnest, for €1 plus a €100 million commitment to repay domestic debt.[24]

See also edit

References edit

  1. ^ a b . Heineken. Archived from the original on 13 August 2015. Retrieved 6 July 2015.
  2. ^ a b c d e f Heineken (2021). "Annual Report 2021" (PDF). Heineken.
  3. ^ "Ownership structure | The HEINEKEN Company". The HEINEKEN Company. Retrieved 11 December 2023.
  4. ^ "Charlene de Carvalho-Heineken & family". Forbes. Retrieved 28 November 2020.
  5. ^ "Press Release" (PDF). Heineken. 20 January 2017. Retrieved 5 February 2019.
  6. ^ "Heineken N.V. 2019 Annual Report" (PDF). Heineken. 17 February 2016. Retrieved 5 February 2019.
  7. ^ "Company Profile" (PDF). Heineken. Heineken N.V. 2017. Retrieved 5 February 2019. With recent acquisitions in Africa, India, Asia and Latin America, we are continuing to increase our presence within emerging markets, which will contribute to our ongoing growth.
  8. ^ a b Blenkinsop, Philip (20 January 2017). "Heineken in talks over Kirin's struggling Brazil business". Reuters. Retrieved 5 February 2017. Japan's Nikkei business daily reported that Heineken would pay around 100 billion yen ($872 million) for the business.
  9. ^ . heinekeninternational.com. Heineken International. Archived from the original on 13 May 2013. Retrieved 28 April 2007.
  10. ^ Petr, Miroslav (2 June 2017). "Heineken Kutnou Horu zavřel, teď se tam výroba piva opět vrátila Zdroj". Lidové noviny. Retrieved 18 April 2020.
  11. ^ Blenkinsop, Philip (20 January 2017). "Heineken in talks over Kirin's struggling Brazil business". Reuters. Retrieved 5 February 2017.
  12. ^ . Heineken International. 1 March 2014. Archived from the original on 15 April 2014. Retrieved 12 April 2014.
  13. ^ Heineken to sell Mexican can, bottle maker to Crown. Reuters, 1 September 2014
  14. ^ Heineken in talks to sell Czech operations to Molson Coors. Reuters, 9 September 2014
  15. ^ John Kell, "Heineken buys 50% stake in craft brewer Lagunitas", Fortune, 10 September 2015
  16. ^ Inagaki, Kana (13 February 2017). "Kirin ends Brazilian venture with $700m sale to Heineken". Financial Times. The Financial Times Ltd. Archived from the original on 10 December 2022. Retrieved 24 February 2017. Deal makes Dutch group the second-biggest brewer in the world's third-largest beer market.
  17. ^ van Tartwijk, Maarten (20 January 2017). "Heineken in Talks to Buy Kirin's Brazil Assets". New York: The Wall Street Journal. Retrieved 22 January 2017.
  18. ^ Swindell, Bill (4 May 2017). . The Press Democrat. Sonoma Media Investments, LLC. Archived from the original on 8 May 2017. Retrieved 5 May 2017. Heineken is buying Lagunitas in a deal to help propel the craft beer sector globally amid a rapidly changing industry.
  19. ^ "Heineken tekent miljardenovereenkomst met grootste Chinese brouwer". 3 August 2018.
  20. ^ Schultz, E.J. (5 June 2018). "Heineken Shatters U.S. Beer Industry's Glass Ceiling, Names Female CEO". Advertising Age. Retrieved 6 June 2018.
  21. ^ Chatterjee, Dev; Sahu, Ram Prasad (23 June 2021). "Heineken buys Mallya's 15% stake to take control of United Breweries". Business Standard India. Retrieved 16 June 2022.
  22. ^ Mason, Jessica (27 April 2023). "Heineken completes Distell and Namibia Breweries acquisition". The Drinks Business. Retrieved 3 December 2023.
  23. ^ "Heineken N.V. purchases €333 million in shares from FEMSA". Heineken N.V. purchases €333 million in shares from FEMSA. Retrieved 11 December 2023.
  24. ^ a b "Heineken продал свои активы в России". Forbes.ru (in Russian). 25 August 2023.
  25. ^ . Archived from the original on 2 January 2010.
  26. ^ . Heinekeninternational.com. Archived from the original on 28 October 2014. Retrieved 26 February 2014.
  27. ^ "Heineken N.V. 2015 Annual Report". Heineken. 17 February 2016. Retrieved 5 February 2017.
  28. ^ . Archived from the original on 8 February 2007.
  29. ^ a b c d "Our Global and International Brands". Heineken International. Heineken. Retrieved 23 November 2016.
  30. ^ "Our brands". theheinkencompany.com. Retrieved 1 September 2023.
  31. ^ "Ownership structure | The HEINEKEN Company". The HEINEKEN Company. Retrieved 11 December 2023.
  32. ^ Heineken Logo: Design and History. FamousLogos.net. Retrieved 12 June 2011.
  33. ^ Walsh, Dominic (21 October 2005). "Heineken calls last orders on television ads after 30 years". The Times. London. Retrieved 4 May 2010.
  34. ^ Walsh, Dominic (21 October 2005). "Attempt to reach other parts with stronger beer". The Times. London. Retrieved 4 May 2010.
  35. ^ "Heineken lance The Date, sa nouvelle campagne virale sur le web". Thebuzzbrowser.fr. Retrieved 26 February 2014.
  36. ^ "Heineken Opens a Pop-Up Bakery in Amsterdam to Promote Its Yeast – Video – Creativity Online". Retrieved 4 May 2017.
  37. ^ (Press release). Archived from the original on 21 March 2012.
  38. ^ "Heineken announces global partnership with Formula One Management". Formula One (Press release). 9 June 2016. Retrieved 9 June 2016.
  39. ^ "Heineken 0.0% becomes UEFA Europa League partner". UEFA (Press release). Retrieved 3 August 2020.
  40. ^ . heinekenexperience.com. Heineken Experience. Archived from the original on 9 May 2007. Retrieved 28 April 2007.
  41. ^ . michel-tencate.tmfweb.nl. Archived from the original on 27 April 2007. Retrieved 28 April 2007.
  42. ^ "Purchase contract for the Haystack from February 15, 1864". Amsterdam archive. Retrieved 22 October 2021.
  43. ^ Smit, Barbara (2014). The Heineken Story The Remarkably Refreshing Tale of the Beer that Conquered the World. Profile Books. ISBN 9781782831136. Retrieved 22 October 2021.
  44. ^ a b Pagnamenta, Robin (9 July 2021). "From slave plantations to pitchside advertising". Tortoise Media. Retrieved 22 October 2021. "Cornelis and Anna went on to have four children. Their second, Gerard, born in 1841, was their first son. At this time epidemics ravaged Dutch towns, and only three of the family's children made it to adulthood. They were brought up to honour hard work and Gerard grew into an industrious young man, 'with a sense of adventure and a good heart'. When his father passed away in 1862, Gerard, then just twenty-one, could easily have spent the rest of his days living from the family fortune. Instead, he left the cheese trade to other family members and searched for a way to make his own name. In June 1863 he spotted a brewery for sale not far from the family home.
  45. ^ "Plantation Schumachers Lust - Berbice Guyana - 1817 Slave Register P1". Issuu. Retrieved 22 October 2021.
  46. ^ "Plantation Schumachers Lust - Berbice Guyana - 1817 Slave Register P2". Issuu. Retrieved 22 October 2021.
  47. ^ a b c d Gow, David (18 April 2007). "Heineken and Grolsch fined for price-fixing". The Guardian. London. Retrieved 1 August 2007.
  48. ^ "C&C & Heineken Ireland under investigation". Drinks Industry Ireland.
  49. ^ Follow the Money (FTM) is a Dutch independent news website for financial-economic investigative journalism of approximately thirty journalists – some employed, some freelancers. See Follow the Money on the Dutch Wikipedia, or their website (in Dutch).]
  50. ^ Heineken still investing in Russia despite promises to stop, NL-Times, 21 february 2023.
  51. ^ 'Heineken investeert nog steeds in Rusland', NOS Nieuws, 21 February 2023.
  52. ^ Heineken breekt belofte en investeert toch in Rusland ('Heineken breaks promise and (continues to) invest in Russia'), Follow the Money, 21 February 2023.
  53. ^ Rogan, Aaron (25 February 2023). "Heineken launched stout to replace Guinness for Russian market". Business Post. Retrieved 27 February 2023.

External links edit

  • Official website

heineken, other, uses, heineken, disambiguation, dutch, pronunciation, ˈɦɛinəkə, dutch, multinational, brewing, company, founded, 1864, gerard, adriaan, heineken, amsterdam, 2019, update, heineken, owns, over, breweries, more, than, countries, produces, intern. For other uses see Heineken disambiguation Heineken N V Dutch pronunciation ˈɦɛineke n is a Dutch multinational brewing company founded in 1864 by Gerard Adriaan Heineken in Amsterdam As of 2019 update Heineken owns over 165 breweries in more than 70 countries It produces 348 international regional local and speciality beers and ciders and employs approximately 85 000 people 5 Heineken N V Corporate logo since 2011TypeNaamloze vennootschapTraded asEuronext Amsterdam HEIAAEX componentISINNL0000009165IndustryDrink industryFounded15 February 1864 159 years ago 1864 02 15 FounderGerard Adriaan HeinekenHeadquartersAmsterdam NetherlandsArea servedWorldwideKey peopleDolf van den Brink Chairman CEO 1 Laurence Debroux CFO 1 Operating income 4 483 billion 2021 2 Net income 3 324 billion 2021 2 Total assets 48 850 billion 2021 2 Total equity 19 700 billion 2021 2 OwnerHeineken Holding N V 50 5 3 Charlene de Carvalho Heineken 23 4 Number of employees82 257 2021 2 Websitewww wbr heinekeninternational wbr comWith an annual beer production of 24 14 billion litres in 2019 and global revenues of 23 894 billion euro in 2019 6 Heineken N V is the number one brewer in Europe and one of the largest brewers by volume in the world 7 Heineken s Dutch breweries are located in Zoeterwoude s Hertogenbosch and Wijlre The original brewery in Amsterdam closed in 1988 is preserved as a museum called Heineken Experience Since the merger between the two largest brewing empires in the world Anheuser Busch InBev and SABMiller in October 2016 Heineken has been the second largest brewer in the world 8 Heineken brewery in Zoeterwoude NetherlandsContents 1 History 1 1 Gerard Adriaan Heineken 1 2 Henry Pierre Heineken 1 3 Alfred Henry Heineken 1 4 Recent history 2 Global structure 2 1 Executive team 2 2 Brewing plants 2 2 1 Europe 2 2 2 The Americas 2 2 3 Asia Pacific 2 2 4 Africa and the Middle East 2 3 Beer brands 3 Ownership 4 Marketing 4 1 Advertising 4 2 Sponsorships 4 3 Holland Heineken House 4 4 Heineken Experience 5 Controversies 5 1 Possible ties to the slave plantations 5 2 Price fixing 5 3 Fake craft beers 5 4 Investments in Russia 6 See also 7 References 8 External linksHistory editGerard Adriaan Heineken edit The Heineken company was founded in 1864 when the 22 year old Gerard Adriaan Heineken bought a brewery known as De Hooiberg the haystack in Amsterdam In 1869 Heineken switched to the use of bottom fermenting yeast In 1873 the brewery s name changed to Heineken s Bierbrouwerij Maatschappij HBM and opened a second brewery in Rotterdam in 1874 In 1886 Dr H Elion a pupil of the French chemist Louis Pasteur developed the Heineken A yeast in the Heineken laboratory This yeast is still the key ingredient of Heineken beer Henry Pierre Heineken edit The founder s son Henry Pierre Heineken nl managed the company from 1917 to 1940 and continued involvement with the company until 1951 During his tenure Heineken developed techniques to maintain consistent beer quality during large scale production After World War I the company focused more and more on exports Three days after Prohibition ended in the United States the first Heineken shipment landed in New York From that day on Heineken has remained one of the most successful imported beer brands in the United States Alfred Henry Heineken edit nbsp Interior of the former Heineken brewery in Amsterdam which is now the museum Heineken Experience nbsp Exterior of the former Heineken brewery in Amsterdam which is now the museum Heineken ExperienceHenry Pierre s son Alfred Henry Freddy Heineken started working at the company in 1940 and in 1971 was appointed Chairman of the Executive Board He was a powerful force behind Heineken s continued global expansion and while he retired from the Executive Board in 1989 he maintained involvement with the company until his death in 2002 nbsp Corporate logo used until 2011During this period Heineken tried to increase its stock price by purchasing competing breweries and closing them down After World War II many small breweries were bought or closed In 1968 Heineken merged with its biggest competitor Amstel and in 1975 opened a new brewery in Zoeterwoude The Amstel brewery was closed in 1980 and its production moved to Zoeterwoude and Den Bosch Recent history edit Since mid 2007 Heineken has taken ownership of former S amp N International brands such as Strongbow and Bulmers ciders and John Smith s and Newcastle Brown Ale beers 9 With the part acquisition of Scottish and Newcastle in 2007 2008 Heineken became the third largest brewer based on revenues behind the Belgian Brazilian AB InBev and the British South African SAB Heineken owns the Czech brand Dacicky which was brewed in Kutna Hora from 1573 until Heineken took ownership of it and closed the brewery in 2009 10 In October 2016 following the merger between Anheuser Busch InBev and SABMiller Heineken became the second largest brewer in the world 11 On 12 January 2010 Heineken International successfully bought the brewery division of Mexican giant FEMSA in all stock deal expanding its reach throughout Latin America The deal brought brands such as Dos Equis Sol Tecate Indio Bohemia and Kloster Following the deal Heineken started selling its products in Latin America through FEMSA s distribution network The deal made FEMSA 20 owner of Heineken N V essentially becoming its largest single shareholder after the Dutch families Heineken family and Hoyer family who owns 25 83 and public shareholders owning 54 17 12 The FEMSA acquisition is expected to keep Heineken in its strong position by growing its market share in the Latin American markets FEMSA has a massive distribution network and owns Mexico s largest convenience store chain OXXO which has thousands of locations throughout the country nbsp Exterior of the former Heineken brewery in Amsterdam on Stadhouderskade and Ferdinand BolstraatIn September 2014 it was announced that Heineken would sell its Mexican packaging business Empaque to Crown for around 1 23 billion 13 Also during that month Heineken revealed it was in talks to sell its Czech operations to Molson Coors 14 On 10 September 2015 Heineken International announced it would acquire a 50 stake in Lagunitas Brewing Company of Petaluma in California as part of an effort to allow it Lagunitas to expand its operations globally As part of the deal Lagunitas would no longer be considered a craft brewer as the Heineken stake was greater than 25 15 In January 2017 Heineken announced it was in negotiations to buy the Kirin Company s 12 breweries in Brazil 8 The following month Heineken closed the deal and bought Brasil Kirin for US 700 million 16 17 On 4 May 2017 after previously acquiring 50 of Lagunitas Brewing Company Heineken announced it would be purchasing the remaining 50 making it the sole owner of Lagunitas 18 In 2018 Heineken signed an agreement with China Resources Enterprises to purchase a 40 stake into the company 19 In June 2018 Heineken named Maggie Timoney as the CEO of Heineken USA making her the first woman to become the CEO of a major United States beer supplier 20 In June 2021 Heineken s stake in United Breweries of India increased to 61 5 ultimately taking control of the company 21 In April 2023 Heineken completed the acquisition of Distell and Namibia Breweries 22 In May 2023 Heineken N V bought back 333 million in shares from FEMSA FEMSA would no longer hold any shares in Heineken N V and Heineken Holding N V other than the Heineken Holding N V shares underlying the exchangeable bond 23 In August 2023 Heineken announced the sale of assets in Russia to a local company Arnest for 1 plus a 100 million commitment to repay domestic debt 24 Global structure editHeineken organises the company into five territories which are then divided into regional operations 25 The regions are Western Europe Central and Eastern Europe The Americas Asia Pacific and Africa and the Middle East These territories contain 115 brewing plants in more than 65 countries 26 brewing local brands in addition to the Heineken brand Executive team edit The executive team of the company consists of the following people 27 Dolf van den Brink Chairman Executive Board CEO Harold van der Broek Member Executive Board CFO Marc Busain President Americas Jacco van der Linden President Asia Pacific Chris Van Steenbergen Chief Human Resources Officer Marc Gross Chief Supply Chain Officer Jan Derck van Karnebeek Chief Commercial Officer Roland Pirmez President Africa Middle East and Eastern Europe Blanca Juti Chief Corporate Relations Officer Soren Hagh President EuropeBrewing plants edit Heineken s brewing plants have been designed and engineered in 4 main parts of the world 28 Europe edit nbsp Heineken advertisement on the face of a prominent building on O Connell Street Dublin Ireland nbsp Heineken offices in Madrid SpainHeineken has 23 operating companies in Europe 29 Brau Union Osterreich in Austria Alken Maes in Belgium Zagorka Brewery in Bulgaria Karlovacka pivovara in Croatia Starobrno Brewery in the Czech Republic H P Bulmer in Hereford in England John Smith s in Tadcaster England Royal Brewery in Manchester England Heineken France Brasserie de l Esperance in Schiltigheim Brasserie Pelforth in Mons en Baroeul Brasserie de la Valentine in Marseille Athenian Brewery in Greece Heineken Hungaria in Hungary Heineken Ireland at Lady s Well Brewery in Cork Ireland Heineken Italia in Italy Heineken Nederland in the Netherlands Zywiec Brewery in Poland Central de Cervejas in Portugal Heineken Romania in Romania Heineken Srbija in Serbia Heineken Slovensko in Slovakia Pivovarna Lasko Union in Slovenia Heineken Espana in Spain with breweries in Seville Valencia Jaen and Madrid Heineken Switzerland in Switzerland Calanda Brau in SwitzerlandThe Americas edit Heineken has 9 operating companies in the Americas 29 Commonwealth Brewery in the Bahamas Heineken Brasil in Brazil Brasserie Nationale d Haiti in Haiti Desnoes amp Geddes in Jamaica Cuauhtemoc Moctezuma Brewery in Mexico Cervecerias Baru Panama S A in Panama Windward amp Leeward Brewery in Saint Lucia Surinaamse Brouwerij in Suriname Lagunitas Brewing Company in the United StatesAsia Pacific edit nbsp Heineken Brewery in Surabaya Indonesia at the time under colonial occupation as the so called Dutch East Indies Heineken has 15 operating companies in Asia Pacific 29 Cambodia Brewery Ltd CBL in Cambodia Shanghai Mila Brewery in China Hainan Asia Pacific Brewery Company Ltd in China Guangzhou Asia Pacific Brewery in China under construction United Breweries Ltd in Banglore India Multi Bintang Indonesia in Indonesia Heineken Lao Brewery in Laos Heineken Malaysia in Malaysia DB Breweries in New Zealand South Pacific Brewery Ltd SPB in Papua New Guinea Heineken Asia Pacific in Singapore Heineken Lanka APB Lanka in Sri Lanka Thai Asia Pacific Brewery in Thailand Heineken Vietnam Brewery Co Ltd in Vietnam Heineken Hanoi Brewery Co Ltd in VietnamAfrica and the Middle East edit Heineken has 18 operating companies in Africa and the Middle East 29 These include Al Ahram Beverages Company Egypt Amstel Jordan Brewery Jordan Harar Brewery Ethiopia Bralirwa Brewery Rwanda Brarudi Brewery Burundi Brasserie Almaza Lebanon Brasseries de Bourbon Reunion Brasseries du Maroc Morocco Bralima Brewery Democratic Republic of the Congo Consolidated Breweries Nigeria Distel South Africa Groupe Castel Algerie Algeria Namibia Breweries Nanibia Nigerian Breweries Nigeria Societe nouvelles des Brasseries SONOBRA Tunisia Sierra Leone Brewery Limited Sierra Leone Sedibeng Brewery South Africa Tango Brewery AlgeriaBeer brands edit Main article Heineken brands Heineken International owns a worldwide portfolio of over 170 beer brands mainly pale lager though some other beer styles are produced The two largest international brands are Heineken and Amstel though the portfolio includes Birra Moretti Edelweiss Lagunitas Sol Desperados and Tiger 30 Other regional brands include Affligem Gosser and Sagres in Europe Dos Equis Red Stripe and Tecate in Americas Bintang Kingfisher and South Pacific Export in Asia Pacific Ownership editThe shares of Heineken N V are traded on the NYSE Euronext Amsterdam and OTCQX under the symbols HEIA and HEINY respectively As at May 2023 the shareholding in the group s stock was as depicted in the table below 31 Heineken N V stock ownership Rank Name of Owner Ownership1 Heineken Holding N V1 50 52 Others 49 5Total 100 00Heineken Holding N V is a public company listed on the NYSE Euronext Amsterdam Its single investment is Heineken N V It is majority owned by L Arche Green N V an investment vehicle of the Heineken family and the Hoyer family Marketing editAdvertising edit Heineken s main advertising slogan in the UK was Refreshes the parts other beers cannot reach 32 some of which featured voice over narration by Danish comedian pianist Victor Borge The British TV campaign ran for over 30 years stopping in 2005 33 34 From March 2011 they have been advertising using the song The Golden Age by The Asteroids Galaxy Tour After the success of The Entrance a web advert 4M views in YouTube Heineken launched The Date in May 2011 35 In March 2017 in Amsterdam Heineken opened a pop up bakery for five days to promote the yeast used in its brewing The bread was made by Mark Plaating and proceeds were donated to a local baking guild 36 Sponsorships edit nbsp Rugby ball used in the Heineken CupHeineken sponsors several sporting events The Heineken Cup was an annual rugby union knock out competition involving leading club regional and provincial teams from the Six Nations England France Scotland Wales Ireland and Italy Heineken was the title sponsor from the cup s inaugural tournament in 1995 96 until the tournament ceased in 2014 and was replaced by the Champions Cup Heineken continued its sponsorship of European Club Rugby as the principle partner of the European Rugby Champions Cup returning to title sponsorship of the Champions Cup from 2018 19 They have been credited as the Founding Partner of European Rugby nbsp A can of Heineken with a logo of the 2011 UEFA Champions League FinalHeineken has been an integral partner of the UEFA Champions League since 2005 with a theme of Enjoyed together around the world 37 The Heineken Open tennis is a tennis tournament on the ATP International Series played in Auckland New Zealand Heineken also sponsors the music events the Heineken Open er Festival a contemporary music festival held in Poland and since 2004 the Oxegen music festival in Ireland Heineken sponsors the Ballyheigue Summerfest in County Kerry Ireland In 2016 Heineken became the Official Beer of the Formula One World Championship after the Canadian Grand Prix 38 During the knockout stage of the 2019 20 season Heineken 0 0 became the official beer of the UEFA Europa League as the season resumed followed with the start of the 2020 21 season 39 Holland Heineken House edit Since 1992 Heineken organises together with NOC NSF the Dutch meeting place at all the Olympic Games called the Holland Heineken House Heineken Experience edit nbsp Inside the Heineken ExperienceThe Heineken Experience is a museum about Heineken Pilsener and the Heineken brewery based in the original brewery in Amsterdam The original building was built in 1867 and was in use as a brewery until 1988 40 In 1991 when part of the establishment was torn down the Heineken Reception and Information Centre Dutch Heineken ontvangst en informatiecentrum was opened in the remaining building In 2001 the name was changed to Heineken Experience 41 The museum features rides interactive exhibits and two bars It also gives an insight into the company s history and brewing processes through the years Visitors receive one small tasting glass and two full sized glasses of Heineken beer to drink at the end of the tour both paid for by the 21 euro entry fee citation needed Controversies editThis article s criticism or controversy section may compromise the article s neutrality Please help rewrite or integrate negative information to other sections through discussion on the talk page March 2021 Possible ties to the slave plantations edit On 15 February 1864 Gerard Adriaan Heineken bought De Hooiberg the Haystack brewery in Amsterdam 42 It remains unclear whether the funds for the purchase of the Haystack came from his father a cheese trader or his mother whose estate included proceeds from her previous husband s family s historical investments in West Indies slave plantations 43 44 In a letter to his mother 18 June 1863 Gerard discussed the potential Haystack purchase and his plans for the future Gerard s mother Anna Geertruida van de Paauw came to own shares in slave plantations in Berbice modern day Guyana and Suriname through her first marriage in 1829 to Pieter Jacob Schumacher van Oudorp 1804 1833 45 who died in 1833 The Schumacher family owned several plantations in Berbice and Suriname according to records held at the UK s National Archive 46 After Pieter Schumacher died Anna was remarried to Cornelis Heineken and had four children one of which was Gerard Heineken Anna died in 1881 44 Price fixing edit On 18 April 2007 the European commission fined Heineken 219 3m Grolsch 31 65m and Bavaria 22 85m for operating a price fixing cartel in the Netherlands totalling 273 7m InBev formerly Interbrew escaped without a penalty because it provided decisive information about the cartel which operated between 1996 and 1999 and others in the EU market The brewers controlled 95 of the Dutch market with Heineken claiming a half and the three others 15 each 47 Neelie Kroes said she was very disappointed that the collusion took place at the very highest boardroom level She added Heineken Grolsch Bavaria and InBev tried to cover their tracks by using code names and abbreviations for secret meetings to carve up the market for beer sold to supermarkets hotels restaurants and cafes The price fixing extended to cheaper own brand labels and rebates for bars 47 In 2004 Heineken and Kronenbourg then part of Scottish and Newcastle the two dominant brewers in France were fined 2 5m with the penalty reduced for co operating 47 This is simply unacceptable that major beer suppliers colluded to up prices and to carve up markets among themselves 47 Neelie Kroes EU Competition Commissioner Fake craft beers edit In Ireland Heineken briefly marketed Blasket Blonde in County Kerry from March 2015 to September 2016 and Beanntrai Bru in parts of County Cork in August 2016 as locally made craft beers from invented breweries 48 Investments in Russia edit At the end of March 2022 over a month after Russia started its war in Ukraine Heineken announced that it was leaving Russia including with its other brands there like Affligem Amstel etc saying that ownership of the Russian subsidiary was no longer durable or viable But despite this promise Heineken hired more than 240 new staff and launched no less than 61 new products on the Russian market last year investigators from Follow the Money 49 reported based on an overview of 2022 by Heineken Russia The Dutch brewer s Russian subsidiary looked back on a turbulent year with many new growth opportunities One of these opportunities being the departure of Coca Cola and Pepsi from Russia which Heineken cynically used to enter the non alcoholic carbonated beverage market Heineken announced even more investments for 2023 including more modern packaging and new flavors 50 51 52 New products launched in Russia included an Irish stout replacing Guinness which had been brewed and sold by Heineken under licence after Diageo withdrew from Russia 53 However in August 2023 Heineken announced the sale of assets in Russia to a local company Arnest for 1 plus a 100 million commitment to repay domestic debt 24 See also edit nbsp Companies portal nbsp Beer portalReferences edit a b Executive Team Heineken Archived from the original on 13 August 2015 Retrieved 6 July 2015 a b c d e f Heineken 2021 Annual Report 2021 PDF Heineken Ownership structure The HEINEKEN Company The HEINEKEN Company Retrieved 11 December 2023 Charlene de Carvalho Heineken amp family Forbes Retrieved 28 November 2020 Press Release PDF Heineken 20 January 2017 Retrieved 5 February 2019 Heineken N V 2019 Annual Report PDF Heineken 17 February 2016 Retrieved 5 February 2019 Company Profile PDF Heineken Heineken N V 2017 Retrieved 5 February 2019 With recent acquisitions in Africa India Asia and Latin America we are continuing to increase our presence within emerging markets which will contribute to our ongoing growth a b Blenkinsop Philip 20 January 2017 Heineken in talks over Kirin s struggling Brazil business Reuters Retrieved 5 February 2017 Japan s Nikkei business daily reported that Heineken would pay around 100 billion yen 872 million for the business Heineken International Brands heinekeninternational com Heineken International Archived from the original on 13 May 2013 Retrieved 28 April 2007 Petr Miroslav 2 June 2017 Heineken Kutnou Horu zavrel ted se tam vyroba piva opet vratila Zdroj Lidove noviny Retrieved 18 April 2020 Blenkinsop Philip 20 January 2017 Heineken in talks over Kirin s struggling Brazil business Reuters Retrieved 5 February 2017 Ownership Structure Heineken International 1 March 2014 Archived from the original on 15 April 2014 Retrieved 12 April 2014 Heineken to sell Mexican can bottle maker to Crown Reuters 1 September 2014 Heineken in talks to sell Czech operations to Molson Coors Reuters 9 September 2014 John Kell Heineken buys 50 stake in craft brewer Lagunitas Fortune 10 September 2015 Inagaki Kana 13 February 2017 Kirin ends Brazilian venture with 700m sale to Heineken Financial Times The Financial Times Ltd Archived from the original on 10 December 2022 Retrieved 24 February 2017 Deal makes Dutch group the second biggest brewer in the world s third largest beer market van Tartwijk Maarten 20 January 2017 Heineken in Talks to Buy Kirin s Brazil Assets New York The Wall Street Journal Retrieved 22 January 2017 Swindell Bill 4 May 2017 Heineken buys remaining 50 percent interest in Lagunitas Brewing Co The Press Democrat Sonoma Media Investments LLC Archived from the original on 8 May 2017 Retrieved 5 May 2017 Heineken is buying Lagunitas in a deal to help propel the craft beer sector globally amid a rapidly changing industry Heineken tekent miljardenovereenkomst met grootste Chinese brouwer 3 August 2018 Schultz E J 5 June 2018 Heineken Shatters U S Beer Industry s Glass Ceiling Names Female CEO Advertising Age Retrieved 6 June 2018 Chatterjee Dev Sahu Ram Prasad 23 June 2021 Heineken buys Mallya s 15 stake to take control of United Breweries Business Standard India Retrieved 16 June 2022 Mason Jessica 27 April 2023 Heineken completes Distell and Namibia Breweries acquisition The Drinks Business Retrieved 3 December 2023 Heineken N V purchases 333 million in shares from FEMSA Heineken N V purchases 333 million in shares from FEMSA Retrieved 11 December 2023 a b Heineken prodal svoi aktivy v Rossii Forbes ru in Russian 25 August 2023 Countries and Brands Archived from the original on 2 January 2010 Heineken International Heineken International Profile Heinekeninternational com Archived from the original on 28 October 2014 Retrieved 26 February 2014 Heineken N V 2015 Annual Report Heineken 17 February 2016 Retrieved 5 February 2017 Heineken International Breweries Archived from the original on 8 February 2007 a b c d Our Global and International Brands Heineken International Heineken Retrieved 23 November 2016 Our brands theheinkencompany com Retrieved 1 September 2023 Ownership structure The HEINEKEN Company The HEINEKEN Company Retrieved 11 December 2023 Heineken Logo Design and History FamousLogos net Retrieved 12 June 2011 Walsh Dominic 21 October 2005 Heineken calls last orders on television ads after 30 years The Times London Retrieved 4 May 2010 Walsh Dominic 21 October 2005 Attempt to reach other parts with stronger beer The Times London Retrieved 4 May 2010 Heineken lance The Date sa nouvelle campagne virale sur le web Thebuzzbrowser fr Retrieved 26 February 2014 Heineken Opens a Pop Up Bakery in Amsterdam to Promote Its Yeast Video Creativity Online Retrieved 4 May 2017 Heineken International Heineken announces new UEFA Champions League Press release Archived from the original on 21 March 2012 Heineken announces global partnership with Formula One Management Formula One Press release 9 June 2016 Retrieved 9 June 2016 Heineken 0 0 becomes UEFA Europa League partner UEFA Press release Retrieved 3 August 2020 About Heineken Experience heinekenexperience com Heineken Experience Archived from the original on 9 May 2007 Retrieved 28 April 2007 Nederlandse Biermusea michel tencate tmfweb nl Archived from the original on 27 April 2007 Retrieved 28 April 2007 Purchase contract for the Haystack from February 15 1864 Amsterdam archive Retrieved 22 October 2021 Smit Barbara 2014 The Heineken Story The Remarkably Refreshing Tale of the Beer that Conquered the World Profile Books ISBN 9781782831136 Retrieved 22 October 2021 a b Pagnamenta Robin 9 July 2021 From slave plantations to pitchside advertising Tortoise Media Retrieved 22 October 2021 Cornelis and Anna went on to have four children Their second Gerard born in 1841 was their first son At this time epidemics ravaged Dutch towns and only three of the family s children made it to adulthood They were brought up to honour hard work and Gerard grew into an industrious young man with a sense of adventure and a good heart When his father passed away in 1862 Gerard then just twenty one could easily have spent the rest of his days living from the family fortune Instead he left the cheese trade to other family members and searched for a way to make his own name In June 1863 he spotted a brewery for sale not far from the family home Plantation Schumachers Lust Berbice Guyana 1817 Slave Register P1 Issuu Retrieved 22 October 2021 Plantation Schumachers Lust Berbice Guyana 1817 Slave Register P2 Issuu Retrieved 22 October 2021 a b c d Gow David 18 April 2007 Heineken and Grolsch fined for price fixing The Guardian London Retrieved 1 August 2007 C amp C amp Heineken Ireland under investigation Drinks Industry Ireland Follow the Money FTM is a Dutch independent news website for financial economic investigative journalism of approximately thirty journalists some employed some freelancers See Follow the Money on the Dutch Wikipedia or their website in Dutch Heineken still investing in Russia despite promises to stop NL Times 21 february 2023 Heineken investeert nog steeds in Rusland NOS Nieuws 21 February 2023 Heineken breekt belofte en investeert toch in Rusland Heineken breaks promise and continues to invest in Russia Follow the Money 21 February 2023 Rogan Aaron 25 February 2023 Heineken launched stout to replace Guinness for Russian market Business Post Retrieved 27 February 2023 External links edit nbsp Wikimedia Commons has media related to Heineken International Official website Retrieved from https en wikipedia org w index php title Heineken N V amp oldid 1197139990, wikipedia, wiki, book, books, library,

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