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False Alarm: Guinness Remains in Nigeria, Announces Change of Ownership

by Dparrot

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Social media rumors cirulated about Guinness Nigeria’s exit from the country. However, a closer look at the company’s recent announcements and investments tells a different story.

From the press release above, Guinness

Nigeria has reaffirmed its commitment to Nigeria, dispelling rumors of an exit. The company’s ownership structure has changed, with Tolaram acquiring Diageo’s 58.02% stake. This sale of shares does not affect the company’s operations, management, or employees.

Guinness Nigeria will continue to produce and distribute its iconic beverages, including Guinness, Harp, and Malta Guinness. This development marks a new chapter in Guinness Nigeria’s history, with Tolaram bringing its expertise and resources to support the company’s growth ambitions.

Dedicated to its customers, partners, and the Nigerian community, Guinness Nigeria ensures uninterrupted service and investment in the country.


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