Description

The company was founded in 1918 by Eugene Peter Desnoes and Thomas Hargreaves Geddes. From 1993 to 2015, the company was indirectly owned by Diageo through the Swedish company Udiam Holdings AB. The parent company Diageo decided in 2011, the Red Stripe beer from 2012 no longer export to the US, but to have this locally produced. Lohnbrauer is the City Brewing Company. In 2015, Diageo's brewery was sold to Dutch brewer Heineken. In March 2016, the delisting of the securities from the Jamaican Stock Exchange began