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  • ABOUT
    • Gama
    • Our Network
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  • PRODUCTS & SERVICES
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    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
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    • Non-Alcoholic Drinks
    • Household Care
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Meta Abo Brewery

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UK: Diageo to sell Meta Abo Brewery to BGI in Ethiopia

January 25, 2022
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Alcoholic Drinks, Europe, Mergers & Acquisitions

Diageo, the leading alcoholic drinks company, has entered into an agreement to sell its Ethiopian brewery Meta Abo Brewery to BGI, a subsidiary of the French multinational Casteel Group. Meta Abo Brewery was acquired by Diageo in 2012 for US$225 million, and since then, the company has invested US$344 million to expand and transform the brewery industry in Ethiopia.  The company brews bottled and draught beer using water sourced from a reserve …

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