Guinness Ghana Breweries PLC (GGB PLC) today formally marks the completion of a landmark transition in its ownership.

Castel Group, one of Africa’s most established beverage 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’s 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’s 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’s international premium spirits brands in the market under a separate distribution agreement.

“This transition affirms Castel’s belief in Ghana’s long-term economic potential. With our heritage and extensive distribution network, we are committed to enhancing Guinness Ghana’s operations and building on its strong foundation.

"Ghana is now Castel’s 22^nd 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, empowering the talented teams at Guinness Ghana, nurturing local capability, and creating long-term opportunities for growth, inclusion, and innovation," Gregory Clerc, Group CEO, Castel Group

This announcement reflects Diageo’s 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’s entry affirms its long-term ambition of investing in Ghana’s economy, its manufacturing sector, and its people.

Castel says it is committed to maintaining business continuity, upholding existing employee contracts, and enhancing local stakeholder engagement.

All employees remain with Guinness Ghana under the current terms, and the business will continue to operate as it did before 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," the company said.