Boissons du Cameroun Shareholders Approve Guinness Merger

Boissons du Cameroun's shareholders have approved the absorption of Guinness Cameroon, clearing the way for the two companies to operate under a single legal structure from January 1, 2027. The company announced that the merger was approved during an Extraordinary General Meeting held at Castel Hall in Douala on October 2. According to Boissons du Cameroun, the operation will combine the expertise, know-how and capacities of both companies under one legal structure. It said the integration is intended to strengthen operational efficiency and the company's contribution to the Cameroonian economy. The company said the merger will also allow it to make greater use of planned investments in production facilities to improve the availability and diversity of its products. Distribution is another area targeted by the integration. Boissons du Cameroun said the complementary distribution networks of both companies will be combined to improve coverage across the country. The company also said Guinness Cameroon employees will be integrated into Boissons du Cameroun as part of the operation, which it says is intended to maintain and develop employment. The merger follows Castel Group's acquisition of Guinness Cameroon from British drinks ...