Sabeco Brewery
 | |
| SABECO | |
Native name | Tổng Công ty Cổ phần Bia - Rượu - Nước giải khát Sài Gòn |
| Company type | Public company |
| HOSE: SAB | |
| Industry | Beverages |
| Founded | 1875 |
| Founder | Victor Larue |
| Headquarters | , |
Area served | Vietnam |
Key people | Koh Poh Tiong (Chairman), Neo Gim Siong Bennett (CEO) |
| Products | VND (QII 2019) [2] |
| Owner | ThaiBev |
| Subsidiaries | 25 subsidiary companies [1] |
| Website | www |
The Saigon Beer - Alcohol - Beverage Corporation (
Sabeco has several regional subsidiaries throughout Vietnam.[1]
Ownership
Vietnam's Ministry of Trade and Industry owned almost 89.59% of Sabeco as of September 2012,[5] as well a majority of shares of the competitor Habeco.[3] The Ministry's leadership announced in July 2012 that it did not yet intend to cease controlling the company.[6] Nguyễn Bá Thi, former chairman of the Managing Board who was fired by the Ministry in May 2012,[7] said that the Ministry had been interfering too much in the company.[5]
Sabeco had an initial public offering in 2008.[5]
As of September 2012 there were five international companies that were interested in investing in Sabeco.[5]
Bangkok-based ThaiBev bought a majority of shares in Sabeco in 2018 for 4.8 billion US dollars, ending Sabeco's domestic ownership. At the time of the acquisition, Sabeco's Vietnam market share had fallen below 40 percent.[10]
Sabeco's market share was 51.4% in 2010.
Vietnam War Era
Ba Muoi Ba Biere (
Gallery
- Products of Sabeco
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References
- ^ a b c d e "Sabeco's annual report 2018" (PDF).
- ^ a b "Sabeco's Quarter 2/2019 Consolidated Financial Statements" (PDF).
- ^ a b c d e "Sabeco và Habeco đạt tổng doanh thu trên 30.000 tỷ đồng trong năm". gafin.vn. 21 June 2012. Archived from the original on 23 June 2012. Retrieved 24 November 2012.
- ^ "Bộ Công thương muốn trực tiếp quản lý Habeco, Sabeco - Gafin.vn". gafin.vn. 9 July 2012. Retrieved 24 November 2012.
- ^ a b c d "Những khó khăn của Sabeco". Gafin.vn. 18 September 2012. Retrieved 24 November 2012.
- ^ "Bộ Công thương muốn trực tiếp quản lý Habeco, Sabeco". Gafin.vn. 9 July 2012. Retrieved 24 November 2012.
- ^ "Sabeco leaders fired". The Saigon Times. 5 May 2012. Archived from the original on 13 May 2012. Retrieved 24 November 2012.
- ^ "Habeco nhanh hơn Sabeco trong tìm kiếm đối tác chiến lược". Gafin.vn. 6 December 2012. Retrieved 7 December 2012.
- ^ "Japanese brewers' thirst for highly fancied Sabeco". Vietnam Investment Review. 16 January 2012. Archived from the original on 16 March 2013. Retrieved 24 November 2012.
- ^ "ThaiBev-owned Saigon Beer seeks 50% market share in Vietnam". asia.nikkei.com. Retrieved Sep 1, 2022.
External links
Media related to Saigon Alcohol Beer and Beverages Corporation at Wikimedia Commons
