Habeco
Beverage company headquartered in Hanoi, Vietnam
From Wikipedia, the free encyclopedia
Habeco (also HABECO, Hanoi Beer Alcohol and Beverage Joint Stock Corporation, Vietnamese: Tổng công ty Cổ phần Bia – Rượu – Nước giải khát Hà Nội) is a beverage company headquartered in Hanoi, Vietnam. It is the third largest beer company in Vietnam[2] and owner of the brands Hanoi Beer and Truc Bach Beer. It is under the ownership and authority of the Ministry of Industry and Trade, Vietnam and has a strategic partnership with Carlsberg Group, which owns more than 10% of the company's shares as of November 2012.[3] Habeco produced 422.4 million liters of beer and sold 413.5 million liters in 2011, an increase of 4% and 2.3% from 2010.[1]
| Company type | State-owned joint-stock company |
|---|---|
| Industry | beverages |
| Founded | 1890 |
| Headquarters | , |
Production output | 422.3 million liters (2011)[1] |
| Revenue | VND 3,416.2 billion (2011)[1] |
| VND 962 billion (2011)[1] | |
| Owner | Ministry of Industry and Trade Vietnam, Carlsberg Group |
| Website | habeco |
Ownership
Vietnam's Ministry of Trade and Industry owns 83% of the companies' shares as of November 2012.[3] Carlsberg Group acquired shares during Habeco's initial public offering in March 2008[3] and held 15.8% as of 2012.[2] The Ministry asked Habeco to sell another 13% to Carlsberg to expand the companies' strategic partnership in November 2012.[3]
Market Share and Competitors
Habeco's market share was 13.9% in 2010.[2] Its main competitors are Sabeco (also owned by the Ministry of Industry and Trade) (51.4%) and Vietnam Brewery Ltd (VBL, 29.7%), a joint-venture between Heineken Asia Pacific and Saigon Trading Group (Satra).[2]