East African Breweries (EABL)
September 2026 · KenyaAgreement of 17 December 2025; Competition Authority of Kenya approval with conditions on 10 September 2026; completion expected in H2 2026.
Activity : Beverages and brewing
Instrument : Purchase from Diageo of 65% of EABL and 53.68% of UDV Kenya for US$2.3bn (EABL enterprise value US$4.8bn, 17x EBITDA)
East Africa's largest brewer (Kenya, Uganda, Tanzania).
Why they invested
- Western group exits, Asian industrial buyer enters
Source : cnbcafrica.comN2 · Cross-checked (2+ outlets) · Other sources : Nairobi Business Monthly, Food Ingredients First