M&A Deal Summary

Diageo Acquires Abo Brewery Share Company SC

On January 10, 2012, Diageo acquired beverage company Abo Brewery Share Company SC for 225M USD

Acquisition Highlights
  • This is Diageo’s 7th transaction in the Beverages sector.
  • This is Diageo’s 4th largest (disclosed) transaction.
  • This is Diageo’s 1st transaction in Ethiopia.

M&A Deal Summary

Date 2012-01-10
Target Abo Brewery Share Company SC
Sector Beverages
Buyer(s) Diageo
Deal Type Add-on Acquisition
Deal Value 225M USD

Target

Abo Brewery Share Company SC

Sebeta, Ethiopia
Abo Brewery Share Company SC manufactures and markets beer in Ethiopia.

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Buyer(S) 1

Buyer

Diageo

London, United Kingdom

Category Company
Founded 1886
Sector Beverages
Employees30,092
Revenue 20.3B GBP (2024)
DESCRIPTION

Diageo is a global producer of beverages. The Company offers a collection of beverage alcohol brands across spirits, beer and wine. Diageo was founded in 1886 and is based in London, United Kingdom.


DEAL STATS #
Overall 7 of 19
Sector (Beverages) 7 of 17
Type (Add-on Acquisition) 4 of 15
Country (Ethiopia) 1 of 1
Year (2012) 1 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-24 Mey Icki Sanayi ve Ticaret A.S.

Istanbul, Turkey

Mey Alcoholic Beverages is the domestic market leader in Turkey in the vodka, gin and liqueur categories. Mey Alcoholic Beverages also exports to many countries in the world. Its unique liqueurs, produced using natural fruit, are seen among the best liqueurs not only of Turkey but of the world.

Buy $2.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-28 Ypioca Agroindustrial Limitada

Fortaleza, Brazil

Ypióca is a premium cachaça brand in Brazil, with more than 160 years of heritage.

Buy R$900M