Competition Authority of Kenya (CAK) has approved the proposed acquisition of a 65 per cent stake in East African Breweries Plc (EABL) by Japan’s Asahi Group Holdings. The approval brings Asahi closer to taking control of one of East Africa’s leading beverage companies after Diageo Plc agreed to sell its controlling interest in the brewer.
East African Breweries PLC (EABL) recorded a 13% year-on-year revenue growth in the financial year ended June 30, 2026, as the company posted a 49% increase in profit after tax despite operating in a challenging consumer environment. According to a report released on August 6, the brewer said the strong performance was driven by growth
East African Breweries PLC (EABL) has announced changes to its board and senior leadership following the resignation of Group Chief Financial Officer (CFO) and Executive Director Risper Ohaga. In a notice dated June 30, the EABL Board of Directors confirmed the appointment of Justin Mollel as Executive Director with effect from July 1, 2026, replacing
Popular Posts
