Danish Brewing Company to set up a US$45 million plant in Kenya

KENYA – Danish Brewing East Africa Limited, a subsidiary of Bounty Global Management DWC LLC will be setting up a US$45 million (KSh4.59 billion) plant at the Naivasha Industrial Park, Kenya. While more than 100 local and international investors have so far expressed interest in setting up shop at the planned industrial park, Danish Brewing Company will be the first anchor tenant. The new plant with a production capacity of 12-15 million cases of beer annually, will enable Danish Brewing East Africa Limited to undertake local production of Tuborg, Carlsberg,…

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Danish Brewing acquires Carlsberg distributor in Kenya King Beverage

KENYA – Danish Brewing East Africa Limited, a subsidiary of Bounty Global Management firm, has acquired Carlsberg and Tuborg beers distributor in Kenya, King Beverage Limited from Centum Investment. Established in 2014, King Beverage enjoys exclusive rights to import and distribute such brands as Carlsberg and Tuborg beers, Teacher whisky and Jim Beam whiskeys in the country. Centum Investment sold King Beverage, in which it held 100 per cent of the issued shares, for US$1.3 million (Sh130 million) against the US$5 million (Sh500 million) it had invested in the company.…

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