Kasapreko Set to Go Public on Ghana Stock Exchange by End of 2025

Kasapreko PLC, Ghana’s foremost homegrown beverage company, has announced plans to float a quarter of its shares on the main board of the Ghana Stock Exchange (GSE) by the end of 2025. The move marks a pivotal shift in the company’s growth strategy, aimed at deepening investor participation and accelerating its expansion across Africa.

The announcement was made during Kasapreko’s presentation at the GSE’s “Facts Behind the Figures” series—a platform that provides listed and prospective companies the opportunity to share financial performance and future plans with stakeholders.

Speaking at the event, Chief Executive Officer Richard Adjei disclosed that Kasapreko’s board has already approved the decision to proceed with an equity listing. He described the initiative as a natural progression following the company’s historic entry into the bond market, which garnered strong investor interest and support.

“Listing on the bond market was a milestone that positioned us as a leading force among indigenous manufacturers,” Adjei said. “Now, with the support of our board and partners, and encouragement from the Ghana Stock Exchange, we’re ready to expand shareholder participation and tap into larger market opportunities.”

Kasapreko’s financial performance in recent years has positioned it as a strong candidate for public investment. In 2024 alone, the company posted a 45% increase in revenue, reaching GHS 2.7 billion. This growth was driven by solid local demand and a steadily growing export base. The momentum carried into the first quarter of 2025, with revenue rising by 52% and profit after tax soaring by 184%, thanks to increased production and efficient cost control.

GSE Managing Director Abena Amoah lauded the company’s continued growth and described Kasapreko as a prime example of a resilient and thriving local business. She urged investors to seize the opportunity to support a brand that has not only contributed to Ghana’s economy but has also established itself as a credible exporter in the region.

“Kasapreko reflects the type of indigenous excellence we aim to highlight through the GSE,” Amoah noted. “Their decision to enter the equity market sends a strong signal about the maturity of Ghana’s capital markets and the potential of local enterprises to scale globally.”

By listing 25% of its shares, Kasapreko hopes to attract a broader investor base, increase capital for expansion projects, and enhance transparency and corporate governance as it navigates new markets on the continent.

Founded in the 1980s, Kasapreko has grown from a small startup into a multinational beverage company known for its innovative product lines and wide distribution network. Its portfolio spans alcoholic and non-alcoholic beverages, including household names like Alomo Bitters and Awake Mineral Water.

The planned share offering is expected to spark strong interest among both retail and institutional investors, especially those eager to support Ghanaian brands with a proven track record of performance and innovation.

As the company prepares for the listing, further announcements regarding the offering structure and timelines are expected in the coming months. In the meantime, Kasapreko continues to focus on operational excellence and positioning itself for long-term success in the competitive African beverage market.