30 March 2009
SABMiller completes sale of its Bolivian Pepsi franchise
SABMiller plc announces that on 26 March 2009, subsidiaries of its Colombian subsidiary Bavaria S.A. ("Bavaria"), completed the sale of Bebidas y Aguas Gaseosa Occidente SRL ("Bebidas"), its Pepsi bottling operations in Bolivia, to subsidiaries of Quilmes Industrial (Quinsa), Société Anonyme ("Quinsa"), for a total consideration of approximately US$27,000,000.
Bebidas was acquired by SABMiller as part of its Latin America transaction, which completed on 12 October 2005. Quinsa is a subsidiary of Companhia de Bebidas das Américas - AmBev, one of the leading Pepsi bottlers in Latin America, and a member of the AB InBev group of companies.
Notes to editors:
About SABMiller plc
SABMiller plc is one of the world's largest brewers with brewing interests and distribution agreements across six continents. The group's wide portfolio of brands includes premium international beers such as Grolsch, Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as market-leading local brands such as Aguila, Castle, Miller Lite, Snow and Tyskie. SABMiller is also one of the largest bottlers of Coca-Cola products in the world.
In the year ended 31 March 2008, the group reported US$3,639 million in adjusted pre-tax profit and revenue of US$21,410 million. SABMiller plc is listed on the London and Johannesburg stock exchanges.
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