Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_Italian

CASTLE MALTING NEWS in partnership with Italian
24 January, 2022

Brewing news Ethiopia: Diageo agrees to sell Meta Abo Brewery to BGI - report

Diageo has entered into an agreement for the sale of Meta Abo Brewery, its brewery in Sebeta, Ethiopia, to BGI, part of Castel Group, the Seeking Alpha reported on January 24.

The sale is subject to approval by the Ethiopian Competition Commission and certain conditions.

The deal is expected to complete early in 2022.

The company will continue to service the Ethiopian market with its international spirits portfolio through its dedicated imported spirits channel.

Financial terms were not disclosed.

Torna, the global information source for the brewing and malting industry professionals. The bi-weekly Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to If you are a Castle Malting client, you can get free access to website and publications. Contact us for more information at .

(0,3140 sec)