Guinness Nigeria Plc announces board changes, as new era begins with Tolaram

Oct. 2, 2024 - Nairametrics

Following the grant of all requisite regulatory approvals, Guinness Nigeria PLC (the “Company”) is pleased to announce that the sale of Diageo’s shareholding in Guinness Nigeria to Tolaram has now been completed, effective 30th September 2024. We are excited about the possibilities that this partnership will bring for everyone associated with Guinness Nigeria including its shareholders, employees, and trade partners.

With a very clear ambition – “To be one of the best performing, most trusted and respected consumer products companies in Nigeria”, Guinness Nigeria delivers on its sustainability and responsibility commitments focused on three areas: Promoting Positive Drinking, Championing Inclusion and Diversity and Pioneering Grain to Glass sustainability. Guinness Nigeria, home of the first Guinness brewery outside of the British Isles, was established in 1950, making it one of the oldest serving manufacturing companies in Nigeria.

The first bottle of Guinness Foreign Extra Stout in Nigeria was brewed in our Ogba Brewery in 1962, and in 1965, Guinness Nigeria was listed on the Nigerian Stock Exchange...