enJOYcorp completed the acquisition of an 86.5% stake in Champion Breweries Plc through purchasing full ownership of The Raysun Nigeria Limited, Champion’s holding company in a landmark 2024 transaction. The deal, approved by the Federal Competition and Consumer Protection Commission, positions Champion as a leading subsidiary in enJOYcorp’s expanding food, beverage, and hospitality portfolio, while maintaining its listing on the Nigerian Exchange Group.
This strategic move marks enJOYcorp’s expansion into beverages and demonstrates its long-term commitment to African consumers. By leveraging Champion Breweries’ established market presence and distribution network, enJOYcorp aims to enhance operational efficiencies, drive value creation, and unlock new growth opportunities enriching everyday moments through a diversified brand portfolio.