SABMiller facts for kids
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| Public limited company | |
| Traded as | LSE: SAB |
| Industry | Brewing, beverage |
| Founded | 8 February 1895 |
| Defunct | 10 October 2016 |
| Headquarters | London, England, United Kingdom |
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Area served
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Worldwide |
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Key people
|
Alan Clark (CEO) |
| Revenue | US$ 22.130 billion (2015 |
|
Operating income
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US$ 4.384 billion (2015) |
| US$ 3.557 billion (2015) | |
|
Number of employees
|
69,000 (2016) |
| Subsidiaries | Bavaria Brewery Foster's Group Kompania Piwowarska Miller Brewing Company South African Breweries Peroni Brewery Pilsner Urquell Brewery |
SABMiller plc was a very large company that made and sold drinks, especially beer. It was based in London, England. This company was one of the biggest brewers in the world. It also bottled popular drinks like Coca-Cola. Some of its well-known brands included Fosters, Grolsch, Miller, Peroni, and Pilsner Urquell. The company worked in 80 different countries around the globe.
Contents
How SABMiller Started
The story of SABMiller began in 1895. It started as a company called South African Breweries. This company was created to serve the many miners and people looking for gold near Johannesburg, South Africa. Just two years later, it became the first industrial company to be listed on the Johannesburg Stock Exchange. This meant its shares could be bought and sold there.
Growing Bigger Around the World
From the early 1990s, the company started to grow a lot. It bought many other companies in different countries. This helped it expand into new and developed markets. In 1999, it created a new main company in the UK called SAB plc. It then moved its main listing to the London Stock Exchange.
In May 2002, SAB plc bought a big American company called Miller Brewing. After this purchase, the company changed its name to SABMiller plc.
A Big Change for SABMiller
SABMiller was a very important company on the London Stock Exchange. It was one of the largest companies listed there. It also had a second listing on the Johannesburg Stock Exchange.
In October 2015, another huge brewing company, Anheuser-Busch InBev, announced big plans. They wanted to buy SABMiller. This was a very large deal, worth billions of dollars. The acquisition was completed in 2016.
Images for kids
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SABMiller beers on display in Pilsen, Czech Republic.
See also
In Spanish: SABMiller para niños
