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.
