TANZANIA: Diageo's EABL completes Serengeti Breweries buy

By just-drinks.com editorial team | 26 October 2010

Diageo's East African Breweries Ltd has acquired a 51% stake in Serengeti Breweries for US$60.4m, positioning the brewer to challenge SABMiller in Tanzania's beer market.

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Diageo's East African Breweries Ltd has acquired a 51% stake in Serengeti Breweries for US$60.4m, positioning the brewer to challenge SABMiller in Tanzania's beer market.

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