Who owns Hi-Malt?
Hi-Malt is owned by Heineken (the Netherlands, AEX: HEIA) through its subsidiary Nigerian Breweries, which has owned the brand since 31 December 2014.[1]
Heineken owns 72.9% of Nigerian Breweries rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Nigerian Breweries Plc 2025 Annual Report and Accounts. Last checked .
Key facts
- Current owner
- Heineken N.V. via Nigerian Breweries reported
- Owned since
- Owner HQ
- 🇳🇱 Netherlands, Amsterdam
- Origin
- 🇳🇬 Nigeria
- Founded
- 1991
- Category
- Beverages › Soft drinks › Other carbonated soft drinks
- Parent ticker
- AEX: HEIA
- Last verified
- · 2 sources
About Hi-Malt
Hi-Malt is a malt drink enriched with vitamins A, B1 and B3 that Nigerian Breweries took over in the Consolidated Breweries merger of 31 December 2014. It is the newest arrival among the company's four malt brands, sold beside Maltina, Malta Gold and Amstel Malta, the last of which carries a name owned by Heineken.
Ownership timeline of Hi-Malt
Where Hi-Malt sits in Heineken
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- BRANA (95%) · 5 brands
- Nigerian Breweries (72.9%) · 14 brands
Open the full Heineken ownership tree →
See the full Heineken brand portfolio (29) →
Other brands owned by Heineken
Heineken controls 29 brands on Brandtree, 29 of them in beverages.
Also in beverages
- 33 Export
- Amstel (1870)
- Birra Moretti (1859)
- Climax (2010)
- Cruzcampo (1904)
- Desperados (1995)
- Dos Equis (1897)
- Goldberg (2009)
- Gulder (1970)
- Heineken (1873)
- Kinanm (2014)
- La Benedicta
- Lagunitas (1993)
- Legend Extra Stout (1992)
- Life Continental Lager (1983)
- Malta Gold
- Malta H (1976)
- Maltina (1976)
Other brands in other carbonated soft drinks, and who owns them
The 80 brands in other carbonated soft drinks on Brandtree belong to 47 owners. The largest is PepsiCo, with 4; Heineken has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Hamoud La Blanche | Hamoud Boualem | 🇩🇿 Algeria |
| 7UP (United States) | Keurig Dr Pepper | 🇺🇸 United States |
| 7UP | PepsiCo | 🇺🇸 United States |
| Colombiana | Postobón | 🇨🇴 Colombia |
| Faxe Kondi | Royal Unibrew | 🇩🇰 Denmark |
| Fanta | Coca-Cola | 🇺🇸 United States |
| Jones Soda | Jones Soda | 🇺🇸 United States |
| Melo | Kasapreko | 🇬🇭 Ghana |
About the owner: Heineken
Heineken is a publicly listed company headquartered in Amsterdam, Netherlands, founded in 1864. Brandtree records 29 brands under its control, and it is listed as AEX: HEIA.
Heineken was founded in Amsterdam in 1864 when Gerard Adriaan Heineken bought the Haystack brewery. It is the second-largest brewer in the world and remains family-influenced through Heineken Holding N.V.
🇳🇬 Hi-Malt and other Nigerian brands
Brandtree records a controlling owner for 61 brands that began in Nigeria. 14 of them (23%) are now controlled by a company headquartered in another country, Hi-Malt among them.
- Chivita — UAC of Nigeria 🇳🇬
- Coco Crush — Flour Mills of Nigeria 🇳🇬
- Erisco Green Tea — Erisco Foods 🇳🇬
- Aero Contractors — Aero Contractors 🇳🇬
- Air Peace — Air Peace 🇳🇬
- Arik Air — Arik Air 🇳🇬
Frequently asked questions
Who is the parent company of Hi-Malt?
The parent company of Hi-Malt is Heineken, a publicly listed company headquartered in the Netherlands. Hi-Malt sits under Heineken's subsidiary Nigerian Breweries.
Is Hi-Malt Nigerian or Dutch?
Hi-Malt originated in Nigeria in 1991, but it is owned today by Heineken, which is headquartered in the Netherlands. So Hi-Malt is a Nigerian-origin brand under Dutch ownership.
Since when has Nigerian Breweries owned Hi-Malt?
Nigerian Breweries has owned Hi-Malt since 31 December 2014.
Is Hi-Malt still owned by Heineken?
Yes. As of 3 October 2026, Hi-Malt is still owned by Heineken. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Nigerian Breweries Plc 2025 Annual Report and Accounts — Nigerian Breweries Plc, Annual report; retrieved 16 September 2026.
- [2] Nigerian Breweries: Hi-Malt — Nigerian Breweries Plc, Official document; retrieved 3 October 2026.
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