Alliance News) – Diageo PLC on Monday said it has launched an equity tender offer to increase its stake in East African Breweries PLC to a maximum 65% from currently 50%. Diageo is a London-based brewer and distiller with brands including Guinness Baileys, Tanqueray, Johnnie Walker, Smirnoff and Captain Morgan. EAB offers beer and spirits brands such as Tusker and
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COMMERICAL maltster United Malt Group assured investors at its AGM today that its financial year to 30 September 2023 will bring improved financial results compared to the dismal earnings in FY22. UMG reported a drop of 23pc in earnings before interest, taxation, depreciation and amortisation in the FY22 results released in November last year. The company’s net profit after tax fell 20pc
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Boortmalt (Minch Malt) have sought planning permission for an energy decarbonisation project at The Maltings in Athy. Their application to Kildare Co Council explained that the project will feature the installation of associated equipment including containerised heat pump structures, a containerised switchroom, two hot water buffer tanks, one waste water storage tank, a cooling tower and associated basin, and a
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