Champion Breweries Plc has concluded plans to launch a N58 billion capital elevate programme to assist fund its acquisition of Bullet belongings and mental property, working capital, market enlargement, and sustainability investments.
Based on a press release by the Firm Secretary of Champion Breweries, Chief Tosan Aiboni, this was made recognized by the Managing Director of the corporate, Inalegwu Adoga, throughout its ‘Info Behind the Figures’ session on the Nigerian Trade (NGX) on Monday, September 22, 2025.
The corporate acknowledged that funds from the capital elevate, which shall be coming via N42 billion public provide and N16 billion rights situation, can even assist expertise upgrades similar to Enterprise Useful resource Planning (ERP) methods and returnable packaging options, alongside renewable power and logistics transformation.
Tasks fivefold income progress
Champion Breweries has projected greater than a five-fold improve in income and over ten occasions progress in revenue after tax following the acquisition of Bullet ready-to-drink (RTD) alcoholic model.
The deal is anticipated to contribute greater than 70% of Champion’s topline and considerably increase the Firm’s international foreign money earnings throughout 14 African markets.
Within the first half (H1) 2025, Champion Breweries Plc recorded a 111% surge in income and a 692% turnaround in revenue after tax, reflecting disciplined execution and positioning the enterprise for sustained progress alongside the Bullet acquisition.
Talking on the occasion, the Managing Director of Champion Breweries, Inalegwu Adoga, mentioned, “It is a transformative second for Champion Breweries. Bullet provides us scale, high-margin progress, and worldwide attain. With this acquisition, we’re evolving from a powerful regional brewer right into a multi-market, multi-category progress platform with worldwide relevance.”
Champion Breweries’ majority shareholder, enJOYcorp, bolstered the long-term ambition.
The Managing Director of enJOYcorp, Mr David Butler, mentioned, “Bullet expands Champion’s attain throughout Africa, diversifies its earnings into foreign exchange, and strengthens its portfolio with trend-driven merchandise. It is a landmark step in the direction of constructing transformative African beverage manufacturers that may compete globally.”
Included in 1974 and headquartered in Uyo, Akwa Ibom State, Champion Breweries Plc is a number one beverage firm with over 5 a long time of brewing excellence.
Listed on the NGX, the Firm produces a various portfolio of beer and malt manufacturers. Champion Breweries is majority-owned by enJOYcorp Restricted, a pan-African beverage funding platform centered on constructing transformative manufacturers throughout power drinks, beer, and RTDs.
What you need to know
Champion Breweries Plc had earlier in July reported a pre-tax revenue of N1.7 billion within the second quarter of 2025, marking a 268.95% improve from the N465.4 million recorded in the identical interval final 12 months.
This robust efficiency brings the corporate’s half-year pre-tax revenue to N3.4 billion, a big restoration from the N333 million loss reported within the first half of 2024.
The expansion was pushed largely by improved income from beer and malt gross sales, which rose to N7.4 billion within the second quarter, up 44.18% from the earlier 12 months.
Champion Breweries Plc, a subsidiary of enJOYcorp, not too long ago introduced plans to amass the model belongings and mental property rights of the Bullet vary of alcoholic and power drinks from Solar Mark Worldwide Restricted.
As soon as accomplished, the brewer will add Bullet’s belongings to its monetary experiences, bringing fast beneficial properties like international change earnings and wider distributor attain, together with longer-term advantages from provide chain integration and a stronger market presence.
