Kasapreko PLC — the Ghanaian indigenous manufacturer behind Alomo Bitters — has launched a GH¢700 million Initial Public Offering on the Ghana Stock Exchange. The offer opened on 4 May 2026 and closes on 1 June 2026, putting up to 583,333,333 ordinary shares on the market at GH¢1.20 per share. Proceeds fund a new bottled water and carbonated soft drinks plant at Adeiso in the Eastern Region.
The Offer In Numbers
- Up to GH¢700 million raised
- Up to 583,333,333 ordinary shares at GH¢1.20
- Listing on the main market of the Ghana Stock Exchange
- Window: 4 May 2026 → 1 June 2026
- Coming off a 55% Q1 2026 profit jump
What The Money Funds
- New bottled water + carbonated soft drinks production facility at Adeiso, Eastern Region
- Diversification away from alcoholic-only revenue base
- Capacity expansion targets the fast-growing non-alcoholic beverage segment
- Project execution to begin immediately on subscription close
Who Is Kasapreko
- Founded 1989 by Dr. Kwabena Adjei — started in a garage
- ISO 22000:2005 certified Ghanaian indigenous manufacturer
- Flagship: Alomo Bitters — herbal-based alcoholic drink
- CEO: Richard Adjei (succeeded the founder; Bentley University MBA)
- Among Ghana’s most recognised consumer brands
Why The Listing Matters
- Largest Ghanaian consumer-goods IPO on the GSE in years
- Demonstrates depth of indigenous capital formation outside banking and telecoms
- Adds non-alcoholic exposure to a market historically dominated by Ghana Oil, MTN, banks
- Tests retail-investor appetite for industrial paper at GH¢1.20 entry point
- Bonded with the Mahama administration’s industrial-deepening policy direction
What Comes Next
- Subscription close: 1 June 2026
- Listing day pricing — watch for opening trade vs. GH¢1.20 reference
- Adeiso plant ground-breaking timeline post-listing
- Quarterly disclosures will subject Kasapreko to public-company governance for the first time
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