Philippe Jabre acquires majority ownership of Brasserie Almaza, Lebanon’s iconic beer brewery & brand

Philippe Jabre, the third generation Jabre family member, has acquired majority ownership of Brasserie Almaza S.A.L. (“Almaza”), the quintessential Lebanese beer brewery, bringing the company back into family control almost 90 years after it was founded by the Jabre family in 1933. Heineken Group, which had a majority stake in the company since 2003, remains a minority shareholder and will continue to provide access to international brands and technical expertise.

Almaza is a successful and resilient business that has weathered well the challenging economic situation in Lebanon. The decision by Philippe Jabre to acquire majority control will help secure a durable and long-term future for the company and its employees.

 

Philippe Jabre said: “Ever since the Almaza brewery was founded by my grandfather and relatives in 1933, the Jabre family always remained involved and committed to the company. Our priority is to ensure a sustainable and long-term future for Almaza, and to maintain the Lebanese legacy, brand, and institution.”

 

Almaza will continue to brew great beers to the highest quality at the historical Dora brewery and production site, and will retain exclusive sales and distribution rights on the Heineken brands.

 

The existing local management team and local employees will remain in place, ensuring continuity and the usual high standards at the brewery. The company has appointed a new General Manager, Mr Naji Nacouzi, who has extensive local knowledge and experience having worked for Almaza between 2004 and 2010, followed by international senior management roles in Heineken companies in Algeria and Tunisia between 2011 and 2017.

 Further information is available online: https://www.almaza.com.lb/

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