East African Breweries

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Asahi Group Holdings acquires a majority stake in East African Breweries Plc (EABL) to expand its East African operations. The company plans to leverage newly introduced international premium beer brands to drive growth in the region. This investment strengthens Asahi’s presence in the local beverage market.

Oct 2026NTV KenyaNews article

Kenya’s Competition Authority approves Diageo’s sale of its 65% stake in East African Breweries (EABL) to Japan’s Asahi Group Holdings for $2.3 billion. The transaction supports Diageo’s exit from Africa and debt reduction, targeting a 0.25x lower debt ratio. EABL operates across Kenya, Uganda, and Tanzania, with $996 million in net revenue and $94 million in net profit for FY 2023.

Sep 2026Tridge InsightsNews article

East African Breweries Plc (EABL) reports a **43% increase in full-year pretax profit** driven by stronger sales across its markets. The Nairobi-based brewery’s earnings growth reflects rising demand for its products in Kenya and beyond. Financial results cover the period ending **June 2026**.

Aug 2026UKUMBI AFRIKANews article

East African Breweries (EABL) reports a **Sh18.2 billion annual profit**, marking a **49% increase** despite foreign exchange losses, global supply chain disruptions, and reduced consumer spending. The company’s resilience highlights its ability to navigate economic challenges while expanding profitability. EABL operates as a key beverage producer in East Africa, serving both local and regional markets.

Aug 2026The StarNews article