Champion Breweries Plc is strengthening its expansion strategy through the integration of a new subsidiary, as the company continues to scale its operations and diversify its portfolio following recent acquisitions and capital market activities.
The company, in a statement on Tuesday, also announced that its 50th Annual General Meeting will be held on May 21, 2026, in Lagos, adding that the AGM comes at a significant point in the company’s corporate development, following a year marked by expansion initiatives, including the acquisition of Bullet Energy Drink and a successful capital market exercise to raise growth funding.
The company said these steps are aimed at strengthening its competitive position, expanding its product portfolio, and improving long-term shareholder returns.
The firm said it has also advanced its transition into a group structure following the acquisition of an 80 per cent stake in enJOYbev B.V. The company said the move supports its international expansion strategy and has begun contributing to earnings within the reporting period. It added that the subsidiary’s results are now being consolidated into the group accounts for the first time.
“In line with its commitment to transparency, accountability, and shareholder engagement, the AGM will be held physically while also being accessible to stakeholders via the company’s official website.
