05 June 2023 Acquisition of Guinness Cameroun by the Castel Group

Lacourte Raquin Tatar has advised Castel Group on the completion of the acquisition of 100% of Guinness Cameroun S.A., one of the most important brewers in Cameroon, from Diageo Group for £389,000,000.

Castel is taking over the production and nationwide distribution of Guinness in Cameroon under a licence and royalty agreement which will enable to support strong growth of Guinness in Cameroon. As part of this M&A transaction, Castel and Diageo have also revamped their licence agreements in place for the distribution of the Guinness products in Benin, Burkina Faso, Chad, Democratic Republic of Congo, Equatorial Guinea, Gabon, Guinea Conakry, Ivory Coast, Mali and Togo.

Lacourte Raquin Tatar has advised Castel Group with a team led by partner Serge Tatar, assisted by associates Céline Basset-Chercot, Karim Boursali and Samuel Balzano on corporate aspects