INTBREW,
formed by Dr. Lawrence
Omole in December 1971, did not start operation until 1978 when its flagship
product, Trophy Lager, was first produced. It became a public company in April,
1994. Subsequently, the company got its share quoted on the Nigerian Stock Exchange
a year later.
In a bid to prevent
the company from going under the company embarked on reorganisation of the
business. In 2008 funds were sourced from the Nigerian Capital Market in order
to put INTBREW on the pedestal of profitability
and growth. In the same year the Warsteiner Group relinquished majority of its
shareholding to the Castel Group, a French brewer. These climaxed in the
overhaul of its operations and the subsequent resuscitation of the Trophy Lager
beer. In addition, other world class brands were introduced to widen its
product portfolio and its revenue base. In January 2012, SABMiller Plc, a South
African brewer founded in 1895, entered into strategic alliance with the Castel
Group.
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