Kenya Wine Agencies Limited (KWAL)

Consumer goods

Privatization of Kenya Wine Agencies Limited has proved to be a major operational turning point. The public site reports shorter decision-making processes, broader employee involvement, doubled volume output and improved bottom-line performance after privatization.

In August 2014, the Authority finalized the sale of the 26 percent stake held by ICDC through KWA Holdings E.A. Limited to Distell Group.

Transaction Highlights

Stake sold

26%

Transaction year

2014

Method

Strategic Sale

Public share after

43.77%

Sector

Consumer goods

Outcome

Operational turnaround