The Japanese beverage group plans to expand EABL’s premium beer portfolio as it begins a new phase of operations across East Africa.
The transaction will transfer Nectar Imports customers and distribution operations to Matthew Clark Bibendum as Asahi UK refocuses on brewing and brand development.
The $2.3 billion transaction clears a key regulatory hurdle, with EABL remaining listed in Kenya, Uganda and Tanzania after the proposed ownership change.
The court has ordered EABL’s ownership structure to remain unchanged while the Capital Markets Tribunal appeal and CAK review continue.
Bottle-to-bottle recycling infrastructure enables major beverage portfolio to move away from virgin plastic.