Enexus acted as M& advisor to Groupe Castel in the sale of its water bottling activity in Ivory Coast to Carré d’Or

Sale of Castel

Founded in 1949, Groupe Castel is one of the main producers and distributors of beer and soft drinks on the African continent. Awa and Cristaline, which have been produced and distributed by Solibra, Castel’s subsidiary in Côte d’Ivoire, since the early 2000s, have established themselves as leading brands on the Ivorian market. The takeover by Carré d’or, a major player in the agri-business industry in Ivory Coast, paves the way for a regional player to build on the momentum achieved by Solibra and pursue Awa and Cristaline’s expansion in the region. 

About Groupe Castel

Founded in 1949, Groupe Castel is the leading producer and one of the main distributors of wine in France. The group is also one of the main producers and distributors of beer and soft drinks on the African continent. 

About Carré d’Or

Founded in 1988, Carré d’Or is a major player in the agri-business industry in Ivory Coast. The group is also active in logistics and manufacturing. With its six subsidiaries, Carré d’Or is one of the largest private groups in Ivory Coast.