Zimbabwe’s Delta Corporation invests in South Africa’s United National Breweries

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Delta Corporation, a beer and soft drink company headquartered in Harare, which is partly owned by Belgian multinational drink and brewing company, Anheuser-Busch InBev, will buy Diageo’s South African sorghum-beer brewer, United National Breweries.

The terms of the purchase were not stated, but the deal is the first of its kind for Delta, as this marks its first acquisition in South Africa and its second outside Zimbabwe. In January 2018, Delta acquired  Zambia’s National Breweries, also a brewer of sorghum beer.

Sorghum beer is a lower-cost product than the lagers, or clear beer, that dominate the Southern African market. Delta’s sorghum beer product sells under the brand Chibuku and comes in containers of 1.5 litres.

Bloomberg reports that Patricia Murambinda, the spokeswoman for Delta Corporation wasn’t immediately available for comment.

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