BGI Ethiopia PLC is an Ethiopian brewery and beverage making company owned by the French brewing company Castel Group divisions Brasseries International Holdings (BIH) and HEBU Properties Ltd. Established in 1998, both groups started initial capital investment of 10 million dollars with major plants in Kombolcha, Addis Ababa, Zeway, Hawassa and Raya. BGI Ethiopia owns six breweries including the most iconic Saint George Beer and serves 53 countries worldwide.

BGI Ethiopia PLC
Company typePrivate
IndustryBrewery
Beverage
Founded1998
HeadquartersMexico Area, ,
Ethiopia
Area served
Worldwide
Key people
Herve Milhade (CEO)
ProductsSaint George Beer
Castle Winery
Revenue$6.4 million
OwnerBrasseries International Holdings
HEBU Properties Ltd
Number of employees
3,500 (2023)
ParentCastel Group
Websitebgiethiopia.com

BGI Ethiopia is a major brewing company in Ethiopia with annual production capacity of 3.6 million hectoliters of bottled and draft beer. In 2009, the company started wine production named Castle Winery that produces 1.4 million hectoliters of different wines under brand names Acacia and Rift Valley. Its vineyard is located in Ziway town.

History

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BGI Ethiopia was founded in 1998 by wing of Castel Group, Brasseries International Holdings (BIH) and HEBU Properties Ltd with 10 million dollars initial capital.[1] Starting operation in Kombolcha, Addis Ababa, Zeway, Hawassa and Raya, BGI Ethiopia owns six breweries including the Saint George Beer and additionally served 53 countries internationally.[2] The company annually produces 3.6 million hectoliters of bottled and draft beer. Privatization agreement was signed in September 1998 and BIH bought a total stake of 22,394 shares (73%) in BGI Ethiopia PLC in February 1999 with approved total share transfer.[3]

In 2009, the company showed interest to a start wine production.[4] It owns and operates Castle Winery where its vineyard is located in Ziway town. The winery produces 1.4 million hectoliters of different wines under brand names Acacia and Rift Valley. Distributed by domestic partner agents, BGI products are exported internationally to North America, Europe, the Middle East, Australia, Africa and Asia.[5]

Countries where BGI Ethiopia products internationally exported

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References

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  1. ^ "Ethiopia: Groupe Castel buys second brewery within 2 months". www.inside.beer. 2018-04-10. Retrieved 2024-08-08.
  2. ^ "BGI Ethiopia Financial Overview, Employee Count, and Competitors". Apollo.io. Retrieved 2024-08-08.
  3. ^ Fortune, (Addis). "A Woman Sues BGI Ethiopia, Alleges Fraudulent Shares Transfer". Retrieved 2024-08-08.
  4. ^ https://allafrica.com/stories/200702060578.html. {{cite web}}: Missing or empty |title= (help)
  5. ^ "B.G.I ETHIOPIA PLC - Addis Ababa". businessguide.ezega.com (in US-EN). Retrieved 2024-08-08.{{cite web}}: CS1 maint: unrecognized language (link)