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  • South African Breweries is a brewing and bottling company headquartered in Johannesburg, South Africa and a wholly owned subsidiary of SABMiller. It is the dominant brewing company in South Africa, with a market share of around 89 per cent. The company was founded in 1895 as Castle Breweries 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 Johannesburg Stock Exchange and the year after it listed on the London Stock Exchange. In 1950, SAB relocated its headquarters and control from London to South Africa. From the early 1990s onwards, 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. SAB operates seven breweries in South Africa with an annual capacity of 3.1 billion litres. Its principal beer brands are Carling Black Label, Castle Lager, Castle Lite, Castle Milk Stout and Hansa Pilsener.

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