ACCRA, Ghana – Kasapreko PLC has officially entered a new chapter in its 38-year journey following its successful listing on the Ghana Stock Exchange (GSE), cementing its position as one of Ghana’s most significant indigenous business success stories.
The listing follows a landmark Initial Public Offering (IPO) that attracted approximately GH¢1.72 billion in investor demand, representing a subscription rate of 246% and making it one of the most successful public offers in the recent history of Ghana’s capital market. The milestone marks the evolution of Kasapreko from a family-founded enterprise into a publicly listed company owned by thousands of Ghanaian and institutional investors united by a shared belief in the future of the company, local manufacturing, and Ghana’s economic growth.
The official listing ceremony, held at the Ghana Stock Exchange in Accra, brought together key government officials, regulators, business leaders, investors, financial institutions, and stakeholders from across Corporate Ghana to celebrate the achievement. Speaking at the ceremony, the Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, described the listing as a major milestone for Ghana’s manufacturing sector and a strong signal of investor confidence in the country’s economy.
According to the Minister, Kasapreko’s entry onto the stock market is particularly significant because it is being undertaken from a position of strength rather than necessity. She noted that the funds raised will support the construction of a new production facility focused on expanding the company’s bottled water and carbonated soft drink production capacity. “For global market watchers seeking signals of frontier market confidence, this listing is that signal,” she stated.
Reflecting on the company’s journey, Group Chairman and Founder, Dr. Kwabena Adjei, expressed profound gratitude to investors, employees, customers, distributors, and business partners who have contributed to the company’s success over the years. “GH¢700 million is not just a number. It is a vote of confidence. It is 700 million reasons why Ghanaian and foreign investors believe in a Ghanaian company,” he remarked.
Dr. Adjei noted that what began as a simple dream built on faith, hard work, and determination had evolved into a company whose brands have become household names in Ghana and beyond. He emphasized that the listing is not only a celebration of Kasapreko’s success but also a powerful reminder that indigenous Ghanaian businesses can dream boldly, scale sustainably, and compete on the biggest stages.
Kasapreko’s success but also a powerful reminder that indigenous Ghanaian businesses can dream boldly, scale sustainably, and compete on the biggest stages. The successful IPO attracted participation from more than 18,000 retail investors and over 350 institutional and pension funds, underscoring widespread confidence in the company’s strategy, leadership, and growth prospects.
Managing Director Richard Adjei described the listing as both a milestone and a responsibility. “This listing is not merely a financial milestone. It is a vote of confidence in Ghanaian enterprise, in local manufacturing, and in the future of Kasapreko,” he said. He further noted that becoming a publicly listed company reinforces Kasapreko’s commitment to transparency, accountability, operational excellence, and long-term value creation.
The capital raised through the IPO will support the company’s next phase of growth, including strategic investments in production capacity, innovation, route-to-market expansion, and operational efficiency. These investments are expected to strengthen Kasapreko’s competitiveness across Ghana, West Africa, and selected international markets.The company also reiterated its commitment to creating sustainable value for shareholders, generating employment opportunities, supporting local supply chains, and contributing meaningfully to Ghana’s industrial transformation agenda.
As a publicly listed company, Kasapreko PLC now joins a select group of Ghanaian enterprises that have successfully leveraged the capital market to accelerate growth and broaden public participation in business ownership. With a strengthened capital base, a growing portfolio of market-leading brands, and a clear strategic vision for the future, Kasapreko is poised to accelerate its next phase of growth while remaining committed to the principles that have guided its success for nearly four decades.
For Kasapreko PLC, the listing is not the destination … it is the beginning of a new chapter built on innovation, resilience, accountability, and sustainable growth.
About Kasapreko PLC
Kasapreko PLC is Ghana’s leading indigenous beverage manufacturer with a portfolio of alcoholic and non-alcoholic brands, including Alomo Bitters, Blackrock Honey Whiskey, Freedom Beer, Awake Purified Drinking Water, Storm Energy Drink, and Royal Drinks. Founded in 1989 by Dr. Kwabena Adjei, the company serves consumers across Ghana and international markets and is committed to innovation, quality, and sustainable growth.
Kasapreko PLC – A Step Beyond Excellence.
