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Diageo and SABMiller End Brewing and Distribution Agreement

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Diageo and SABMiller End Brewing and Distribution Agreement

June 07
13:26 2011

Diageo, through its subsidiary East African Breweries, has agreed to purchase SABMiller’s 20% shareholding in Kenya Breweries for $225m. The deal is subject to EAB disposing of its 20% shareholding in Tanzania Breweries, which is majority owned by SABMiller, through a public offer.

The two deals effectively end a brewing and distribution agreement between Diageo and SABMiller in Kenya and Tanzania which dates back to 2002.

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