Infos Business of Wednesday, 2 December 2015

Source: Business Cameroon

Castel group invests FCFA 10.7 billion in new production

Castel Beer logo Castel Beer logo

The Société Anonyme des Brasseries du Cameroun (SABC), a local subsidiary of French group Castel, commissioned a new conditioning line of FCfa 10.7 billion in Yaoundé, on November 28.

With a bottling capacity of 28,000 bottles per hour, this “HST”, as nicknamed by Francis Batista, Managing Director of SABC, is the second line of this range in Africa, after South Africa, the Managing Director of the leading company in the Cameroonian brewing industry stressed.

The new line, which commissioning coincides with the end of year and a period of high consumption, will generate 70 new direct jobs. These will come in addition to the 6,000 people already employed in the country by SABC and its subsidiaries, the Société Camerounaise de Verreries (SOCAVER) and Société des Eaux Minérales du Cameroun (SEMC).

With more than 80% shares of the beer and fizzy drinks market in Cameroon, SABC had a net income of FCfa 24.7 billion in 2014, for a turnover of FCfa 351.7 billion, an increase of 6.9% compared to the previous year.