Champion Breweries Plc has entered into an settlement to accumulate the model property and mental property rights of the Bullet vary of alcoholic and power drinks from Solar Mark Worldwide Restricted.
The corporate, a subsidiary of enJOYcorp, introduced in a submitting on the Nigerian Trade (NGX) on August 20, 2025, that the acquisition of the Bullet power beverage portfolio aligns with its technique to diversify into high-growth meals and beverage classes.
Structured as an asset carve-out, the deal will see the property transferred to a newly included firm within the Netherlands, with Champion holding a majority stake and Vinar N.V., a Belgian entity and majority shareholder of Solar Mark, retaining a minority curiosity.
Champion famous that the transaction stays topic to regulatory approvals, together with clearance from the Federal Competitors and Shopper Safety Fee (FCCPC).
As soon as the acquisition is accomplished, Champion Breweries Plc will embrace Bullet’s property in its monetary experiences, capturing speedy positive factors similar to international trade earnings and distributor attain, and long-term advantages from provide chain integration, product enlargement, and stronger market presence.
Bullet already has a robust presence throughout 14 African markets, together with Nigeria, Cameroon, Ghana, Ivory Coast, the Democratic Republic of Congo, and Tanzania. In Nigeria, Bullet Black is the main ready-to-drink beverage, whereas Bullet Blue ranks among the many prime six power drink manufacturers.
This growth follows a robust H1 2025 efficiency by Champion, which reported a pre-tax revenue of N3.4 billion, in contrast with N333 million within the first half of 2024.
H1 Efficiency
Champion Breweries Plc reported a pre-tax revenue of N1.7 billion within the second quarter of 2025, a 268.95% improve from N465.4 million in the identical interval final yr. This introduced half-year pre-tax revenue to N3.4 billion, in contrast with a lack of N333 million within the first half of 2024.
- The expansion was pushed by stronger beer and malt gross sales, which rose 44.18% year-on-year to N7.4 billion in Q2, pushing complete income for the half yr to N15.9 billion, up 66.92%.
Value of gross sales elevated to N3.5 billion from N2.9 billion in Q2 2024, however gross revenue nonetheless climbed 72.90% to N3.8 billion, from N2.2 billion final yr. With no international trade losses in the course of the quarter, revenue after tax rose 198.17% year-on-year to N1.3 billion.
As of June 2025, complete property stood at N25.9 billion, up 21.57%, whereas retained earnings grew 45.13% to N5.6 billion.
As of the shut of buying and selling on August 20, 2025, the corporate’s shares had gained over 418% year-to-date, with information of the latest acquisition anticipated to supply additional momentum.
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