The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Almasi Beverages General Manager Japheth Ngetich (left) and Kenya Youth Employment and Skills programme USAID Chief Executive Mrs Joyce Wafula present a Coca-Cola ICE box kit to Hamfreey Omollo. [Caleb Kingwara, Standard]
The Kenyan subsidiary of giant beverages firm Coca Cola will be forced to open up its distribution channels to competitors. This is among the conditions for the approval of its acquisition of Almasi Beverages.
Coca Cola Sabco East Africa, a subsidiary of South African based Coca Cola Beverages Africa, recently concluded the acquisition of Almasi Beverages from Centum Investments giving the firm control of three bottling companies that the company owned.
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