South African Breweries

The South African Breweries Limited

Type	Subsidiary
Industry	Consumer goods
Founded	1895 (Johannesburg)
Headquarters	Johannesburg, South Africa
Area served	Southern Africa
Key people	Norman Adami (Chairman and Managing Director)
Products	Beer, soft drinks
Number of employees	Approximately 9,400
Parent	Anheuser-Busch InBev SA/NV
Website	SA Breweries

South African Breweries (officially The South African Breweries Limited, informally SAB) is a major brewing and bottling company headquartered in Johannesburg, South Africa and was a wholly owned subsidiary of SABMiller until its interests were sold to Anheuser-Busch InBev on 10 October 2016. South African Breweries is now a direct subsidiary of Anheuser-Busch InBev SA/NV.

The company that is now South African Breweries was founded in 1895 as Castle Brewery to serve a growing market of miners and prospectors in and around Johannesburg. Two years later, it became the first industrial company to list on the and the year after (1898) it listed on the . In 1950, SAB relocated its headquarters and control from London to South Africa. From the early 1990s onward, the company increasingly expanded internationally, making several acquisitions in both emerging and developed markets. In 1999, it formed a new UK-based holding company, SAB plc, and moved its primary listing to London. In May 2002, SAB plc acquired Miller Brewing, forming SABMiller plc.

On October 10, 2016, Anheuser-Busch InBev acquired SABMiller for £69 billion (US $107 billion at the time the deal closed). The arrangement had been approved by shareholders of both companies on 28 September 2016, and the deal closed on 10 October 2016. The acquisition ended the corporate use of the name SABMiller. After the deal closed, the new company's name changed slightly, to Anheuser-Busch InBev SA/NV (abbreviated as AB InBev); it is trading as ABI on the Brussels Stock Exchange, as BUD on the New York stock exchange and as ANH on the Johannesburg market. SABMiller ceased trading on global stock markets.

The acquisition of SABMiller by Anheuser-Busch InBev on October 10, 2016 ended the corporate use of the name SABMiller except as a business division of Anheuser-Busch InBev SA/NV (AB InBev). The new entity began trading on the Brussels Stock Exchange as ABI.BR and as BUD on the New York stock exchange. SABMiller ceased trading on global stock markets and divested itself of its interests in the MillerCoors beer company to Molson Coors.