Meta Abo Brewery, a subsidiary of Diageo,a British multinational known for alcoholic beverages,has appointed a new Managing Director for its Ethiopian operation. Opened in 1967, Meta was sold to DIAGEO at a cost of 225 million USD after winning a heated bid from the likes of Heineken. The company is operational in almost 180 countries and is listed on the New York Stock Exchange. In related news, Bralirwa PLC, makers of Heineken, another multinational brewery competing in Ethiopian market, have appointed MeridDemissie, an Ethiopian nativeas managing director of Heineken subsidiary in Rwanda, effective January, 2019. The LyceeGebremariamalumnus was previously with Heineken Ethiopia andCoca Cola.

Source: Ethiopian News December 15, 2018 07:41 UTC