THE VINCENTIAN PDF- 31-05-19

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The National Newspaper of St. Vincent and the Grenadines

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FRIDAY,

MAY 31, 2019

VOLUME 113, No.22

www.thevincentian.com

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The St. Vincent Brewery, which set it root down here in 1984, is one of the leading manufacturing concerns in St. Vincent and the Grenadines.

IN 2010, 76.5% of the share capital of the St. Vincent Brewery Ltd. passed from the hands of Royal Unibrew A/S to Cerveceria Nacional Dominicana (CND), a Domincian Republic-based brewing conglomerate, for a purported sum of US$31 million. By May 2012, Ambev, a subsidiary

of Anheuser-Busch InBev, owners of, among other things, the renowned Budweiser brand, acquired major ownership of the St. Vincent Brewery’s parent company, Cerveceria Nacional Dominicana (CND). Since that acquisition, the principal shareholder has moved successfully to

purchase the shares of many small Vincent Brewery. local shareholders, whose purchase of New owners- arbitrary rule? shares dates back to the birth of the Company in 1984. Since the acquisition by Ambev/ As it stands now, Ambev/ AnheuserAnheuser-Busch InBev/ Cerveceria Busch InBev/Cerveceria Nacional Dominicana (CND) is said to own Continued on Page 3. some 93% of the shares in the St.


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