The story
History
1920–1949
East African Breweries Limited was founded in 1922, as Kenya Breweries Limited (KBL), by two Welshmen, George and Charles Hurst. The company was owned by the Dodd family of Kenya. KBL acquired Tanganyika-based Tanganyika Breweries in 1935 and 1936 these two companies were merged leading to the creation of the East African Breweries Limited (EABL). The group continued expanding locally through the opening of more breweries such as Mombasa brewery.
1950–1999
In 1954, EABL got listed on the Nairobi Securities Exchange. This was among the first listings in the region's oldest stock exchange. As a group, EABL expanded into Uganda through the acquisition of Uganda Breweries in 1959. In 1964, the group's subsidiary name in present-day Tanzania was changed from Tanganyika Breweries Limited to Tanzania Breweries Limited (TBL) following the political unification of Tanganyika and the People's Republic of Zanzibar and Pemba to form the United Republic of Tanzania. This led to increased market for the group through the creation of the union. However, in 1979 the Government of Tanzania nationalized TBL as part of the Arusha Declaration. The group officially opened Central Glass Industries Limited (CGI) in 1987, as a producer of glass containers and bottles, therefore leading to internal sourcing.
2000–2010
In 2000, Diageo acquired majority control of EABL and in the following year the group cross-listed its share on the Uganda Securities Exchange. EABL is a constituent company of the NSE 20 Share Index.
The beer wars
In the late 1990s to the early 2000s was a period of beer wars in East Africa involving South African Breweries International (Now SABMiller) and EABL. These wars ended in 2002 when EABL signed license agreements with South African Breweries International and agreed to terms for share swap in their subsidiaries: Kenya Breweries Limited and Tanzania Breweries Limited (now an SABI subsidiary). In share exchange, EABL acquired a 20% equity stake in TBL and agreed to issue SABI a similar share to Kenya Breweries Limited. SABI exited the Kenyan market while EABL exited the Tanzanian market by handing over its Kibo subsidiary to TBL. This partnership gave TBL 98% share of the Tanzanian market as of 2004.
In the same year, EABL acquired 100% of shares in International Distillers Uganda Limited and 46.32% of the issued shares of UDV Kenya Limited. The partnership between EABL and SAB Miller in Tanzania went through turbulence in 2009, with EABL claiming breach of contract by Tanzania Breweries (TBL), a subsidiary of SAB Miller, accusing it of manufacture of low quality EABL products under a previously agreed arrangement and at the same time restricting access to the Tanzanian market of some of Diageo/EABL products. This led to EABL's acquisition of 51% of Serengeti Breweries Limited (SBL) and exit from TBL's shareholder structure through a $71.5 million successful secondary offer on the Dar es Salaam Stock Exchange in 2011. SAB Miller sold it stake Kenya Breweries to East African Breweries.
2010 – to date
In 2013, EABL commenced operations in South Sudan through the establishment of East African Beverages South Sudan Limited (EABSS) as a depot in Juba in order to reduce over reliance on third party distributors' logistical arrangements that led to periodic stock outs. In December 2025 Diageo announced to sell EAB to Asahi with an estimated price of 2,3 bn USD.
EABL Foundation
The EABL Foundation is the corporate social responsibility arm of East African Breweries, founded in 2005. It assists people in Kenya, Uganda and Tanzania through five areas of activity: water supply, education and training, health, environment, and special projects. Through the skills for life program, The EABL Foundation provides scholarships for undergraduates in the three East African Countries.
Its ongoing projects include the construction of an optical centre in Moshi, Tanzania, the support of the Sickle Cell Association of Uganda and the donation of an Ultra Sound Machine to Kirwara Hospital in Thika, Kenya. The foundation has supplied over KSh.70 million/= (approx. US$972,000) in university scholarships.
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The EABL Foundation conducts special projects in times of disaster and when emergency relief is needed. Most recently, the foundation took part in the Save A Life Fund, in which it donated over KSh.14 million/= (approx. US$194,000) towards famine relief.
From Wikipedia’s article on East African Breweries, shared under CC BY-SA 4.0.5