05 March, 2025 5 min read

Phoenix Beverages Ltd acquires 54.4% stake in Seychelles Breweries Ltd from Diageo

Phoenix

Description: Phoenix Beverages Ltd (PBL), subsidiary of IBL Ltd, is a leading beverage manufacturer in Mauritius and Reunion Island, signed an agreement to acquire a 54.4% stake in Seychelles Breweries from Diageo Holdings Netherlands B.V. and Guinness Overseas Limited, members of the Diageo Group.

Share


More News
News Image
Business

Acquisition Communique

01 July, 2025

News Image
Business