27 February 2009
SABMiller completes sale of Colombian water business
SABMiller plc announces that on 26 February 2009, its Colombian subsidiary Bavaria S.A. ("Bavaria") completed the sale of its Agua Brisa bottled water business and assets, which were acquired jointly by Coca-Cola FEMSA and the Coca-Cola Company for a consideration of US$92 million. The transfer of assets and the commercial operation will be subject to a transition arrangement of several months, during which Bavaria will still be producing, selling and distributing Brisa.
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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