Distilleries Company of Sri Lanka PLC (COSE:DIST.N0000) entered into sale purchase agreement to acquire Asia Pacific Brewery (Lanka) Limited from Heineken Asia MTN Pte. Ltd. on November 17, 2023. As per the agreement, DCSL also agrees to Trademark License Agreements for HEINEKEN?s international brand portfolio in Sri Lanka comprising of Heineken, Tiger and Anchor.

Distilleries Company of Sri Lanka PLC (COSE:DIST.N0000) completed the acquisition of Asia Pacific Brewery (Lanka) Limited from Heineken Asia MTN Pte. Ltd. for ?12 million on January 10, 2024. HEINEKEN Lanka Limited will change its name to DCSL Breweries Lanka Limited.