Tag: Beer
Castel announces acquisition of Zebidar’s controlling stake
Castel Group has announced on Saturday that it has finalized the acquisition of 58 percent of Zebidar Brewery S.C. in a deal concluded with...
Heineken says it will not consolidate the beer market
With the local beer market in a stiff competition to interest the pocketbooks of the ever-increasing beer drinking population and BGI Ethiopia scooping little known brands, Heineken Ethiopia has confirmed it will not follow its competitor’s trend and take part in an increasing consolidated beer market.
Breweries jack up retail prices
Local breweries in Ethiopia are set to introduce price adjustments (increases) to their products starting today, The Reporter has learnt. BGI Ethiopia, the bottler of St. George and other brands, for instance, has already started distributing its products under the adjusted price.
BGI considering Zebidar takeover
After the recent buyout of Raya Brewery by BGI Ethiopia, the latter is mulling over acquiring the shares of Zebidar Brewery, a new entrant...
BGI brewing 2.5 bln birr Raya takeover
BGI Ethiopia has offered 2.5 billion birr to fully acquire Raya Brewery, a brewery established five years ago, in which BGI is the majority shareholder.