Business

EnjoyCorp Limited to acquire 86.5% stake in Champion Breweries Plc 

EnjoyCorp Limited, a holding company specializing in food, beverage, and hospitality brands, has agreed with Heineken B.V. to acquire 100% of its shareholding in The Raysun Nigeria Company Limited. 


The Raysun Nigeria Company Limited, in turn, holds an 86.5% stake in Champion Breweries Plc, a prominent regional brewer listed on the Nigerian Exchange Limited (NGX). 


This was contained in the company’s notice to the Nigerian Exchange Limited and the investment community seen by Nairametrics.