Asahi Group Holdings

A photo collage of Hina Nagarajan, Diageo President, Africa, Jane Karuku, EABL CEO and Atsushi Katsuki, Asahi President and Group CEO.

Kenya’s High Court Clears Path for KSh 300 Billion Asahi–Diageo Deal Despite Ongoing Distribution Dispute

The High Court has removed a key legal hurdle standing in the way of one of East Africa’s largest corporate transactions, dismissing an application that sought to block Diageo’s planned exit from
Justin Mollel, a Tanzanian finance executive and former Serengeti Breweries director, has been appointed incoming Group Chief Financial Officer of East African Breweries.
Justin Mollel, a Tanzanian finance executive and former Serengeti Breweries director, has been appointed incoming Group Chief Financial Officer of East African Breweries.

Tanzanian Executive Justin Mollel Named Incoming EABL Group Chief Financial Officer

East African Breweries Limited (EABL) has appointed Justin Mollel, a Tanzanian national and former Finance Director of Serengeti Breweries Limited, as the company’s incoming Group Chief Financial Officer (CFO). In a public
March 12, 2026
A photo collage of Abdi Mohamed- Absa Bank Kenya CEO, Khalid Garousha- Senior Partner of A&O Shearman, Michael Katz- Chairman of ENSafrica. Bottom row: Kentaro Okuda- President and Group CEO of Nomura Holdings, Atsushi Katsuki- President and Group CEO of Asahi Group Holdings, Jane Karuku- the Group MD & CEO of EABL.

Absa, ENS Africa, A&O Shearman and Nomura Advise Asahi Holdings on USD 2.3bn Acquisition of 65% Stake in EABL

Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition of a
December 18, 2025
EABL’s East African footprint: A portfolio spanning Tusker and Guinness in Kenya, Nile and Bell in Uganda, and Serengeti and Konyagi in Tanzania, now offering Asahi immediate scale in a high-growth region, deep route-to-market access, and a platform to expand premium and global brands across East Africa.
EABL’s East African footprint: A portfolio spanning Tusker and Guinness in Kenya, Nile and Bell in Uganda, and Serengeti and Konyagi in Tanzania, now offering Asahi immediate scale in a high-growth region, deep route-to-market access, and a platform to expand premium and global brands across East Africa.

Everything You Need to Know About Diageo’s Sale of its 65% Stake in EABL to Japan’s Asahi Group

East African Breweries Limited (EABL), one of East Africa’s most influential consumer goods companies, is entering a new era. This comes after its majority shareholder, Diageo, agreed to sell its entire 65%
December 18, 2025

 

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