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Diageo sells 80.4% stake in Guinness Ghana to Castel Group for $81M
Feb 08, 2025•over 1 year ago
Contract Type
partnership
LondonManufacturingFood and BeverageFood And BeverageNon ProfitFood Processing
Description
Diageo has announced the sale of its 80.4% shareholding in Guinness Ghana Breweries to Castel Group, while retaining ownership of the Guinness brand and other Diageo brands currently produced by Guinness Ghana under new long-term license and royalty agreement. Diageo will continue to drive the brand and marketing strategy for the iconic Guinness brand, in partnership with Castel, to promote continued growth and development in the country.
Company Information
Company
Diageo
Location
London, England, United Kingdom
About
Diageo is a prominent sponsor for the 2024 National Newspaper Publishers Association’s (NNPA) annual Midwinter Training Conference. The company is committed to sustainable practices and environmental responsibility.
LondonManufacturingFood and BeverageFood And BeverageNon ProfitFood Processing