Heineken opens new EUR 400M brewery in Brazil

Heineken (HEINY) announced the opening of a new brewery in Passos, Minas Gerais, Brazil. The facility represents one of the company’s largest investments in the region, totaling more than EUR 400M. “With an initial capacity of up to 5 million hectoliters per year, the plant will serve the growing market for Heineken and Amstel, both 100% pure malt brands, reflecting HEINEKEN’s continued investment in the premium beer category and higher-quality offerings,” the company said. “Strategically located in southern Minas Gerais, the brewery enhances the company’s supply chain by bringing production closer to key consumer hubs in Brazil’s Southeast region.”