IBBL

🚨 Reasons for Boycotting IBBL (israel Beer Breweries Ltd.)

IBBL (israel Beer Breweries Ltd.) is a brewery founded in 1992 as a partnership between Carlsberg Group and israel-based Central Bottling Company (CBC Group), headquartered in Ashkelon, israel. The company is israel's second-largest beer producer (market share ~40%) and forms a duopoly with Tempo Beer Industries in the israeli beer market. In 2008, Carlsberg sold its shares to CBC Group, completely withdrawing from the company. Today, IBBL is a 100%-owned subsidiary of CBC Group. CBC Group is an israel-based, privately held food and beverage holding company; it is not publicly traded and therefore does not have institutional shareholders such as BlackRock or Vanguard. CBC Group has been the israeli franchisee of Coca-Cola since 1968 and operates in the Atarot settlement industrial zone in occupied East Jerusalem. For this reason, CBC Group is on the BDS movement's official boycott list. IBBL falls under this boycott through its parent company.

1. israel-Based Company and CBC Group Subsidiary: IBBL was founded in 1992 as a partnership between Carlsberg Group and CBC Group, headquartered in Ashkelon, israel. The company is israel's second-largest beer producer, controlling approximately 40% of the market. In 2008, Carlsberg sold its shares to CBC Group and completely withdrew from the company. Today, IBBL is a 100%-owned subsidiary of CBC Group. CBC Group is an israel-based, privately held holding company and is the israeli franchisee of Coca-Cola. This structure demonstrates IBBL's direct integration into the israeli economy.Wikipedia: israel Beer Breweries — CBC Group subsidiary, israel's second-largest beer producer (2025)Competition Authority Botswana: IBBL — directly owned subsidiary of CBC Group (2019)
2. CBC Group's Operations in the Atarot Settlement and BDS Boycott: IBBL's parent company CBC Group operates a regional distribution center and cooling facility in the Atarot settlement industrial zone in occupied East Jerusalem. This settlement is illegal under international law. For this reason, the BDS movement has placed Coca-Cola on its boycott list, and Coca-Cola is on BDS's priority boycott list. IBBL falls under this boycott through its parent company CBC Group. This demonstrates the company's direct contribution to the occupation economy.Morning Star: Coca-Cola's israeli franchisee CBC operates in Atarot settlement (September 2026)The Jewish Chronicle: CBC operates factory in Atarot — on BDS priority boycott list (March 2025)OpenIntel: Coca-Cola — BDS grassroots boycott target (November 2024)
3. Control Over Türk Tuborg and Boycott: 94.99% of the shares of Türk Tuborg Bira ve Malt Sanayii A.Ş. were under IBBL's control for a long time. Following boycott calls, the shares were transferred to Netherlands-based International Food and Beverage B.V., but the management and control mechanism remained the same. The company's israeli directors (Aran Ernest Oelsner and Joav Asher Nachshon) continue to serve both before and after the share transfer. This shows the company attempted to change its identity on paper to break the boycott.Aydınlık: Türk Tuborg changed identity on paper to break the boycott (May 2026)Doğruluk Payı: 95.69% of Türk Tuborg shares managed by IBBL (September 2024)
4. South African Clover Acquisition and BDS Pressure: The CBC Group-led consortium, to which IBBL belongs, attempted to acquire South Africa's largest dairy company, Clover Industries. However, due to BDS South Africa's pressure, partner Brimstone Investments withdrew from the deal. This incident demonstrates that IBBL and CBC Group's international investments are targeted by the BDS movement and that the company's contribution to the occupation economy is internationally recognized.FOODStuff SA: Brimstone exits Clover deal after BDS criticism (April 2019)
5. Ownership Structure and Institutional Shareholders: IBBL is a 100%-owned subsidiary of CBC Group. CBC Group is an israel-based, privately held holding company and is not publicly traded. Therefore, IBBL and CBC Group do not have institutional shareholders such as BlackRock or Vanguard. The company's control is directly in the hands of CBC Group management and operates as the israeli franchisee of Coca-Cola.FOODStuff SA: CBC — privately held, Tel Aviv-based international group (April 2019)

🌐 Sources

• Wikipedia: israel Beer Breweries
• Competition Authority Botswana: IBBL and CBC Group Structure
• Morning Star: CBC — Atarot Settlement and Coca-Cola Boycott
• Aydınlık: Türk Tuborg and IBBL Connection
• FOODStuff SA: Brimstone's Withdrawal from Clover Deal

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