Ghana: Castel Completes Acquisition of Majority Stake in Guinness Ghana

TLDR

• Castel Group has completed the acquisition of an 80.4% stake in Guinness Ghana Breweries PLC from Diageo
• The transaction, approved earlier in the year, marks Castel’s entry into its 22nd African market
• Diageo retains ownership of the Guinness brand and related products, which will continue to be brewed locally under long-term licensing agreements

Castel Group has completed the acquisition of an 80.4% stake in Guinness Ghana Breweries PLC from Diageo, gaining operational control of one of…