Home Business Heineken appeals Sh1.7bn compensation bill in distribution deal row

Heineken appeals Sh1.7bn compensation bill in distribution deal row

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Business Daily | by Sam Kiplagat

Dutch beer maker Heineken has appealed a Sh1.79 billion compensation bill slapped on it for terminating a distributorship agreement with Maxam Ltd.

In the appeal pending before the Court of Appeal, Heineken East Africa Import Company Ltd and Heineken International B.V. said it was dissatisfied with the High Court’s decision issued in July last year.

The brewer has faulted Justice James Makau’s decision, arguing that the judge failed to consider the terms of the distributorship agreement…

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