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.
Key facts
- Current owner
- Heineken N.V. via Nigerian Breweries reported
- Owned since
- Previous owner
- None recorded
- Owner HQ
- 🇳🇱 Netherlands, Amsterdam
- Origin
- 🇳🇬 Nigeria
- Category
- Beverages › Soft drinks › Other carbonated soft drinks
- Parent ticker
- AEX: HEIA
- Last verified
- · 1 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 →
Other brands owned by Heineken in beverages
Latest news about Hi-Malt
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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, 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 16 September 2026, Hi-Malt is still owned by Heineken. The ownership record was last checked against primary sources on that date.
Sources (1) & 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.
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