SAB Miller has announced its intention to make an offer to acquire the entire issued share capital of Amalgamated Beverage Industries (ABI) not already owned by the SABMiller Group.

The offer amounts to a total consideration of about 3.8bn Rand ($585m), and is evidence of SABMiller’s strategy of focussing on its core brewing and beverage business.

The company has also said that its performance in the five-month period to 31 August 2004 was strong with a growth in profits seen in all areas of its business. The group’s organic lager volume growth was over 4%.