Beer maker Cuca Soba Catumbela psots turnover of US$28 million in Angola

7 September 2009

Catumbela, Angola, 7 Sept – The Cuca Soba Catumbela beer factory, in Benguela, by the end of the year is expected to sell 585,000 hectolitres of beer, according to a report in newspaper O País citing Joaquim Frederico D’Almeida, the company’s logistics director.

“In the first half of the year 281,000 hectolitres of the beers produced by the factory, Cuca Catumbela and 33 Export, were sold. These sales earned gross turnover of around US$28 million,” he said.

The factory, which has three production lines, two for Cuca Catumbela and one for 33 Export, produces 50,000 hectolitres of bottled beer per month.

Benguela is the main consumer market for the product, accounting for 60 percent of production followed by Huambo and Bié provinces, with 18 percent and Kwanza Sul, with 15 percent.

With the launch, in July, of the Cuca factory in Huambo, Soba Catumbela expects to redirect some of its sales that were previously sent to Planalto Central and Bié to Benguela and Kwanza Sul.

SOBA, which started operating in 2002, is an Angolan private limited beverages company whose shareholders are French group Castel and Angolan company GEFI. (macauhub)