By Ghana News
Guinness Ghana Breweries PLC (GGB PLC) today formally marks the completion of a landmark transition in its ownership. Castel Group, one of Africa鈥檚 most established beverages companies, officially assumes majority ownership and operational leadership of Guinness Ghana following the successful regulatory approval process.
The transaction, which involved the sale of Diageo鈥檚 80.4% shareholding to Castel, underscores a shared ambition to grow the Guinness brand and strengthen the long-term presence of Guinness Ghana as a dynamic and future-facing player in Ghana鈥檚 beverage market.
Castel will now lead operations, leveraging its robust distribution network and deep regional expertise. Diageo retains ownership of the Guinness brand and other Diageo brands, which will continue to be brewed, produced and distributed under long-term licensing and royalty agreements with Guinness Ghana. Guinness Ghana will also continue to distribute Diageo鈥檚 international premium spirits brands in the market under a separate distribution agreement.
鈥淭his transition affirms Castel鈥檚 belief in Ghana鈥檚 long-term economic potential. With our heritage and extensive distribution network, we are committed to enhancing Guinness Ghana鈥檚 operations and building on its strong foundation. Ghana is now Castel鈥檚 22nd market in Africa, and we are proud to deepen our footprint with this acquisition. Just as important, we are deeply committed to investing in people 鈥 empowering the talented teams at Guinness Ghana, nurturing local capability, and creating long-term opportunities for growth, inclusion, and innovation.鈥濃 Gregory Clerc, Group CEO, Castel Group
This announcement reflects Diageo鈥檚 strategy to adopt a flexible, asset-light beer operating model, enabling it to focus on brand building and innovation, while Castel brings operational scale, agility, and local market depth.
Castel鈥檚 entry affirms its long-term ambition of investing in Ghana鈥檚 economy, its manufacturing sector, and its people. Castel is committed to maintaining business continuity, upholding existing employee contracts, and enhancing local stakeholder engagement.
All employees remain with Guinness Ghana under current terms, and the business will continue to operate as it did prior to the sale. Customer and partner relationships will continue seamlessly, with a strong commitment to maintaining the high standards our consumers expect. We will continue to deliver the same trusted quality while exploring new ways to enhance the consumer experience. The company remains listed on the Ghana Stock Exchange.
This milestone signals confidence in Ghana鈥檚 future and the enduring strength of the Guinness brand.