Vasari has collaborated with Duet Group to make a landmark investment in Dashen Brewery, marking the largest private equity deal in Ethiopia to date.

Information on the Target

Dashen Brewery, based in Ethiopia, is a prominent player in the country's beer industry, known for its high-quality products and strong market position. Established in the 1990s, the brewery has played a significant role in the growth of Ethiopia's beverage sector, leveraging local ingredients and traditional brewing techniques to create a distinct portfolio of beers.

The brewery has not only contributed to the local economy by providing employment opportunities but has also gained recognition for its commitment to sustainability and quality, making it an attractive investment opportunity for strategic partners looking to tap into the Ethiopian market.

Industry Overview in Ethiopia

The Ethiopian beverage industry is experiencing rapid growth, driven by a rising middle class and increasing urbanization. With a population exceeding 110 million, Ethiopia presents vast market potential f