US EditionArnaud Lagesse's Phoenix completes acquisition in Seychelles
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Arnaud Lagesse's Phoenix completes acquisition in Seychelles
Key PointsMauritius-based Phoenix Beverages acquires 54.4% of Seychelles Breweries from Diageo to expand in the Indian Ocean region.Diageo will continue licensing Guinness, Smirnoff, and other brands to Seychelles Breweries, despite exiting equity ownership.Recent acquisitions in Seychelles and Kenya signal Phoenix’s strategy to scale regionally beyond its Mauritius base.Phoenix Beverages Group, led by Mauritian businessman Arnaud Lagesse, has c…
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