Search results for : Breweries
Bahamian Brewery Celebrates Rémy Martin
April 07, 2024
Bahamian Brewery Celebrates Rémy Martin
NASSAU, BAHAMAS - Bahamian Brewery is pulling out all the stops and providing many opportunities to experience Rémy Martin as its 300th anniversary approaches.
January 09, 2024
Judge dismisses woman's injury claim against Commonwealth Brewery Ltd
A SUPREME Court judge dismissed a lawsuit from a former Commonwealth Brewery Limited employee last week after the woman sued the company for injuries she allegedly received after falling over a box at work.
December 13, 2023
Bahamian Brewery deepens partnership with The Cancer Society of The Bahamas
NASSAU, BAHAMAS — During the month of October, Jimmy's Wines & Spirits (JWS) reprised its role as a critical supporter in the fight against cancer, partnering with the Cancer Society of The Bahamas on a nationwide Drink Pink Campaign" that raised $3,500 to support the organization's crucial initiatives. "This isn't the first time Jimmy's [...]
November 16, 2023
Commonwealth Brewery sees 11 percent growth in Q3 net revenue
NASSAU, BAHAMAS — Commonwealth Brewery experienced a notable 11 percent growth in net revenue during its third quarter, paralleled by a corresponding increase in operating expenses. The vertically integrated BISX-listed brewer in its unaudited financial statements for the nine months ending September 2023, noted that it continued its strong performance in 2023 driven by its [...]
August 18, 2023
Commonwealth Brewery continues to face inflation pressure on its operations
Commonwealth Brewery Ltd. (CBL) stated in its second quarter financials that it will continue to carry out cost productivity programs in order to protect its bottom line, as the company revealed that it continues to battle with inflation. The company said in its statement, though, that net revenue during the period ending June 30, 2023 was ahead 11 percent ...
The post Commonwealth ...
August 18, 2023
Commonwealth Brewery records $4.6 million profit in Q2
NASSAU, BAHAMAS — Commonwealth Brewery recorded a second-quarter net profit of $4.6 million, a slight decline in comparison to its second-quarter performance for the same period back in 2022. The BISX-listed brewer in its Q2 financial reported that it continued to experience strong growth in net review during the period ending June 30, 2023—up 11 percent [...]
July 21, 2023
Caribbean conglomerate concludes deal to acquire stake in Bahamian Brewery
NASSAU, BAHAMAS — ANSA McAL Limited, one of the largest conglomerates in The Caribbean has completed an agreement to acquire a stake in the Freeport-based Bahamian Brewery & Beverage Company Limited. ANSA McAL owns Carib Brewery and is the producer of the Carib and Stag beers has breweries in Trinidad & Tobago, Grenada, St. Kitts [...]
July 14, 2023
Trinidad conglomerate acquires Bahamian Brewery minority stake
After receiving final regulatory approval from The Central Bank of The Bahamas on April 21, 2023 to purchase a minority stake in Bahamian Brewery and Beverage Company Limited (BBBCL), Trinidad and Tobago conglomerate ANSA McAL has announced the completion of its acquisition of shares in the Bahamian-owned company. In a communication, dated Wednesday, July 12, ...
The post Trinidad conglomerate acq...
July 08, 2023
Commonwealth Brewery records nearly 16 percent improvement in gross revenue in 2022
NASSAU, BAHAMA — BISX-listed Commonwealth Brewery saw a nearly 16 percent improvement in its gross revenue to $135 million, exceeding the company's previous high-water mark four years ago. The company's 2018 performance had been the highest since the company went public back in 2011, according to its Chairman Julian Francis. "The result reflects the Bahamas' [...]
Commonwealth Brewery hosts first ever trade show
June 28, 2023
Commonwealth Brewery hosts first ever trade show
NASSAU, BAHAMAS — On Wednesday, June 21, the Commonwealth Brewery Limited (CBL) team ushered guests through the doors of their JFK offices to experience its very first trade show, where dozens of products across 12 brands were featured. The event offered CBL's clients the opportunity to speak directly with brand representatives about their portfolios and discover [...]
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